F1 teams afraid to lose money when Andretti-Cadillac joins
Jan.16 – Bernie Ecclestone says existing Formula 1 teams are “afraid” of losing money by agreeing to green-light an..
F1 money - Page 12
The Business of F1 Racing: Sponsorships, TV Rights and more
Table of Contents 1. Sponsorships 2. F1 TV Rights 3. Other Revenue streams 4. Challenges and Future 5. Conclusion Formula 1 racing, also..
Red Bull to pay Verstappen’s highest-ever F1 license bill
Dec.20 – World champion Max Verstappen has copped the highest-ever bill for a Formula 1 super license in the sport’s history...
Public to play minor role at Las Vegas GP
Dec.16 – The general public will not play a massive role in the inaugural Las Vegas GP next November. Formula 1 CEO Stefano..
All F1 teams to reach budget limit next year
Dec.14 – Haas will hit Formula 1’s budget limit in 2023, team boss Gunther Steiner has revealed. The small American team,..
New 2025 Dutch GP deal ‘not an easy decision’
Dec.9 – Extending the contract with Formula 1 to keep the Dutch F1 GP on the calendar until 2025 was in fact “not an easy..
McLaren happy with team’s F1 budget cap management
Dec.8 – Andreas Seidl is proud of the way McLaren handled the Formula 1 budget cap so far. While Red Bull copped penalties for a..
AlphaTauri F1 boss admits he had budget cap worries this year
Dec.5 – AlphaTauri hit a development brick-wall in 2022 over fears of a budget cap breach, team boss Franz Tost has admitted. Sister..
Wolff says Crypto sponsor crash may affect every F1 team
Dec.2 – Every team may ultimately be affected by the high-profile and shock demise of the crytocurrency exchange FTX. The logos of..
Why are F1-themed casino games so successful?
Recently Formula 1 has become a top favourite amongst racing fans worldwide and is fast becoming one of the most popular sports in the..
Wolff reignites controversial topic on F1 driver salary cap
Nov.12 – Just as Lewis Hamilton pushes for a new Mercedes contract, his boss has re-fired the conversation about the need for a..
Williams team boss ‘fine’ with Red Bull’s budget cap F1 penalty
Nov.11 – Jost Capito says he is ready to move on from this year’s budget cap saga. Red Bull was fined $7 million and docked 10..
F1 can cope with global recession according CEO
Nov.9 – F1 CEO Stefano Domenicali thinks Formula 1 can weather a forthcoming global recession. The sport’s revenues have..
Red Bull claims six teams will exceed 2022 F1 budget cap
Nov.8 – The budget cap saga may be about to boil over, Red Bull’s top Austrian official Dr Helmut Marko warns. In the days..
Penalties won’t throw Red Bull Racing ‘off course’ says Marko
Nov.3 – Dr Helmut Marko has played down the impact that Red Bull’s budget cap penalties will have on the team’s..
Verstappen now among richest 500 Dutchmen on earth
Nov.2 – Max Verstappen has been named among the 500 richest Dutch people on earth. The currently-dominant back-to-back world champion..
Red Bull boss thinks FIA should give $7m fine to a good cause
Nov.1 – Christian Horner says he hopes the FIA does “something good” with Red Bull’s $7 million fine over the..
Wolff denies FIA source leaked Red Bull’s F1 budget cap breach
Oct.30 – Toto Wolff has hit back at suggestions a former Mercedes official was responsible for the leak about Red Bull’s budget..
Red Bull still ‘competitive’ with budget cap penalties
Oct.29 – Christian Horner says some of Red Bull’s rivals would still have complained even if the FIA ordered the torching of..
Red Bull F1 team now ready to reveal budget cap penalties
Oct.28 – Red Bull is ready to reveal the details of an agreement it has reached with Formula 1’s governing body over the..
