F1 money - Page 23

Ecclestone thinks Liberty shaping up to sell Formula 1

Nov.12 – Bernie Ecclestone thinks Liberty Media could be shaping up to sell Formula 1. The American company took over the sport in..

3 comments | 
12 Nov 2020

Carey: Honda leaving F1 for financial reasons

Nov.9 – Honda is leaving Formula 1 for financial reasons. That is the view of F1 CEO Chase Carey, contrary to the Japanese..

3 comments | 
9 Nov 2020

No more F1 spectators in 2020

Nov.6 – The remaining four grands prix of 2020 look set to be held without spectators. The news comes as F1’s owner Liberty..

3 comments | 
6 Nov 2020

In the pit lane – Lawrence Stroll Rainmaker

Lawrence Stroll once again proves to be the consummate dealmaker with the announcement last week that Mercedes-AMG was involved in a new..

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4 Nov 2020

‘Delicate’ driver salary cap not decided yet

Oct.31 – Lewis Hamilton says news that his salary could be capped from 2023 caught him by “surprise”. The $30 million per..

1 comment | 
31 Oct 2020

Top Formula 1 Sponsors of the Decade

Sponsorship in any sport is crucial, as it brings in essential revenue, which is then in turn invested. Deals between the parties are..

1 comment | 
29 Oct 2020

Teams agree to $30m driver salary cap

Oct.29 – Formula 1 looks set to impose a salary cap for Formula 1 drivers. The Daily Mail and other sources report that teams will..

3 comments | 

Toto Wolff defends F1’s ‘pay drivers’

Oct.28 – Toto Wolff has defended some of F1’s so-called ‘pay drivers’, insisting their disparaging image is unfair...

1 comment | 
28 Oct 2020

Will the Indian GP event ever return to the F1 calendar?

The Indian Grand Prix took place three times between 2011 and 2013 at the Buddh International Circuit, near New Delhi, but the event..

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In the pitlane – Gene Haas to decide

Last week Kevin Magnussen and Romain Grosjean learned their services are no longer required by the Haas team. Grosjean told L’Equipe that..

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27 Oct 2020

Wolff: Hamilton’s market value ‘incredibly high’

Oct.26 – Toto Wolff admits that Lewis Hamilton‘s market value is currently “incredibly high”. The six-time world..

1 comment | 
26 Oct 2020

Grosjean says Haas will sign two paying drivers for next season

Oct.24 – Haas needs “two paying drivers” to replace both Kevin Magnussen and Romain Grosjean for 2021. That is not the..

3 comments | 
24 Oct 2020

Politician slams Bottas for ‘moral posing’

Oct.21 – A Finnish member of parliament has accused Valtteri Bottas of “moral posing”. This week on Twitter, Bottas..

4 comments | 
21 Oct 2020

In the pitlane – Good night Vietnam

The much-anticipated cancellation of the Vietnam 2020 race has struck another Covid-19 blow to Liberty Media’s finances. In an interview..

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20 Oct 2020

Daimler to slash Mercedes’ F1 budget

Oct.15 – Daimler, the dominant Mercedes team’s carmaker parent, intends to slash the amount of money it spends on Formula 1. It..

8 comments | 
15 Oct 2020

Portimao paying ‘much lower’ price for F1 race

Oct.15 – Portimao is paying a “much lower” price for joining the Formula 1 calendar in 2020. The Portuguese circuit, set..

2 comments | 

In the pitlane – Liberty Media takes back control in Brazil

The news broke last week amid controversy that F1 will move from Interlagos in Sao Paulo to a new purpose-built track on the outskirts of..

3 comments | 
12 Oct 2020

Vettel admits buying Aston Martin shares

Oct.9 – Ferrari driver Sebastian Vettel has confirmed that he has bought into Aston Martin. The German is joining the Racing Point..

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9 Oct 2020

In the pitlane – Ratcliffe’s master plan

Both Daimler and Toto Wolff continue to issue statements proclaiming their respective commitments to the Mercedes F1 team. Daimler recently..

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6 Oct 2020

Perez knew Racing Point axe was coming

Oct.1 – Sergio Perez has admitted he knew he would be ousted by Racing Point – even before the team told him. It was rumoured..

2 comments | 
1 Oct 2020

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