F1 money - Page 21

Steiner confirms Haas Team future in F1 is secure

Apr.28 – Gunther Steiner has played down suggestions that the Haas project may be coming to an end in Formula 1. It is said that the..

4 comments | 
28 Apr 2021

McLaren sold iconic MTC headquarters to US investment company

Apr.23 – McLaren has sold its iconic headquarters, including the Formula 1 factory, for almost $240 million. A New York-based real..

21 comments | 
23 Apr 2021

French GP in negotiations for reduced F1 race fee

Apr.22 – Paul Ricard is in talks with Formula 1 about reducing the French GP hosting fee. Le Figaro newspaper reports that the..

2 comments | 
22 Apr 2021

Dutch GP event needs ‘help’ if full house is not possible

Apr.14 – Zandvoort will need “help” if spectators are locked out of the circuit for September’s Dutch F1 GP. It..

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14 Apr 2021

In the Pitlane – Is Lawrence Stroll cash strapped?

News broke last month that Lawrence Stroll was selling his Canadian racetrack Le Circuit Mont-Tremblant. Stroll has owned the circuit which..

1 comment | 
13 Apr 2021

F1 closing on yearly driver salary cap starting next season

Apr.8 – Formula 1 is closing in on a $30 million per team annual budget cap to specifically limit spending on drivers. According to..

7 comments | 
8 Apr 2021

In the pitlane – Control Alt Delete

In the Covid -19 world sports sponsorship has taken a pounding with a 23% contraction in the European sponsorship market. New research from..

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7 Apr 2021

F1 CEO hits back at new sprint qualifying cost debate

Apr.7 – Stefano Domenicali says Formula 1 risks losing sight of “the big picture” amid a dispute over extra funding for..

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In the Pit Lane – 2021 Optimism Required

The 2021 season gets underway with a cracker but with it, all the uncertainty off the track in the Covid-19 world remains. Liberty Media..

3 comments | 
30 Mar 2021

Teams want extra money for ‘sprint qualifying’

Mar.27 – Progress on F1’s three-race ‘sprint qualifying’ trial in 2021 has hit a snag. Teams are arguing with the..

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27 Mar 2021

In the pitlane – The question remains who owns Williams F1?

Back in August 2020, the F1 world learned that the historic and much-loved Williams team had been sold to American private investment..

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25 Mar 2021

Verstappen says current F1 cars are to wide for racing

Mar.22 – One of the biggest problems in Formula 1 is the width of the cars, according to Max Verstappen. The Red Bull driver said he..

2 comments | 
22 Mar 2021

In the pitlane – Amazon in Pole Position

With the updated launch of F1 TV in 85 counties for the 2021 season recently announced the bidding war for F1’s content begins to take..

4 comments | 
18 Mar 2021

Wolff expects spectators to return at F1 races soon

Mar.4 – Toto Wolff thinks spectators will begin to return to Formula 1 races in 2021. That is despite the fact that June’s..

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4 Mar 2021

Mercedes tackles F1 budget cap with new ‘Applied Science’ division

Mar.4 – A new division at Mercedes was set up to help the Formula 1 team tackle the new budget cap. At Ferrari, moves to support..

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In the pitlane – Mateschitz makes the tough decisions

As Red Bull announces the formation of Red Bull Powertrains limited is all well in the Red Bull camp? Well on the engine front Helmet Marko..

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23 Feb 2021

In the pitlane – Toto Wolff on the road to billionaire status

As the dust settles on the Lewis Hamilton contract pantomime it is worth remembering there was a delay in the resigning of Toto Wolff as..

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19 Feb 2021

Tost asks himself why any driver should earn millions

Feb.19 – Formula 1 drivers should not make “millions”, according to AlphaTauri boss Franz Tost. Last year, the..

11 comments | 

Was the Hamilton-Mercedes deal delay caused by money discussion?

Feb.11 – Lewis Hamilton‘s farcically-delayed contract negotiations were all about money. That is the theory of former F1 driver..

4 comments | 
11 Feb 2021

In the pitlane – Are the big paydays history?

As the world of F1 awaits news of Lewis Hamilton’s contract signing speculation mounts over his alleged pay demands which has inevitably..

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25 Jan 2021

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