F1 budget - Page 12

Timo Glock: Small teams stuck in vicious circle

Timo Glock has lamented the trend at the back of F1’s grid. The salaried German has been dropped by Marussia mid-contract, with the..

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30 Jan 2013

Christian Horner was not the only F1 team boss at Maranello

Christian Horner was not at Maranello recently to discuss his or Adrian Newey’s possible switch to Ferrari. When the Red Bull team..

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26 Jan 2013

F1 rumour: Turkish Grand Prix may return on calendar

Latest F1 rumours are that Turkish F1 grand prix will have return on the F1 calender. Formula one raced at the Hermann Tilke-penned..

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1 Dec 2012

Red Bull Racing title sponsorship worth EUR 15m

Red Bull’s new title sponsorship for 2013 and beyond is worth an additional EUR 15 million per year, according to the German magazine..

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26 Nov 2012

F1 Report: Aabar buys into Toro Rosso

Aabar, the Abu Dhabi state investment arm, may have withdrawn at Mercedes in order to buy into the Toro Rosso team. It emerged this week..

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23 Nov 2012

Mallya invests $80m extra into Force India

Vijay Mallya is pumping an extra $80 million into his formula one team. The news comes amid the well-documented financial struggles of his..

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22 Nov 2012

F1 Report: Lotus waiting to pay staff & Raikkonen

Rumours about ‘financial difficulty’ for the Lotus F1 team are continuing. Early this week, it was claimed Kimi..

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21 Nov 2012

No Schumacher signature yet for team role 2013 F1 season

Mercedes Boss Norbert Haug has played down the possibility Michael Schumacher will return to the paddock next F1 season with a prominent..

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Terrible mood for HRT unemployed staff

The mood at HRT this weekend is dire, with the ailing Spanish team’s staff making it known “we are unemployed and..

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17 Nov 2012

Mercedes Boss denies approving F1 team budget boost

Dieter Zetsche, the chairman of Mercedes’ parent Daimler, has denied reports he has approved an increase in the F1 team’s..

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15 Nov 2012

Report: Mercedes to boost F1 budget for 2013 F1 season

Ahead of Lewis Hamilton’s arrival, Mercedes is reportedly preparing to boost the budget of its formula one team by many millions...

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3 Nov 2012

Ecclestone to pay budget cap whistle-blowers

Bernie Ecclestone has an innovative idea to police his F1 budget cap. Some top teams are not keen on the proposal to cap their total annual..

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Marussia in ‘talks’ after recording big loss

Marussia is in “talks with potential investors” after recording a $79 million loss last year, the business journalist Christian..

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1 Nov 2012

Force India Boss Mallya hits back at media hostility at home GP

Vijay Mallya was not in a good mood when he was swamped by Indian media at his home grand prix. The Indian billionaire had been branded an..

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28 Oct 2012

Ecclestone wants to introduce F1 budget cap

Bernie Ecclestone has admitted he is pushing to introduce a ‘budget cap’ in formula one. Reports indicate the F1 supremo..

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Horner not worried about Red Bull Racing’s spending

Christian Horner insists he is “very comfortable” with Red Bull’s stance regarding costs in formula one. It is believed..

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27 Oct 2012

Raikkonen admits Lotus F1 budget held team back

Lotus’ budget has held Lotus back in the second half of 2012, Kimi Raikkonen has admitted. Still a mathematical contender for the..

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Ecclestone believes F1 budget cap ‘workable’

Bernie Ecclestone insists a budget cap for formula one teams is “workable”. That is despite the fact that when the idea was..

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1 Oct 2012

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