F1 money - Page 24

In the pit lane – Carey’s report card

It has now been officially confirmed Chase Carey will leave his role as chairman and CEO of F1 with former Ferrari team principal Stefano..

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29 Sep 2020

In the pit lane – From Russia with love

The F1 circus arrives this week in Sochi to complete the seven-year deal agreed back in 2010 between ex-F1 ringmaster Bernie Ecclestone and..

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22 Sep 2020

How can F1 compete with NASCAR in the USA?

Formula 1 continues to attract fans around the world with its blend of fast-paced action and high-octane drama. The 2020 season is no..

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19 Sep 2020

Ferrari now spending millions on brand new simulator

Sep.18 – Ferrari is spending “several million euros” to get a brand new simulator up and running at Maranello in the next..

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18 Sep 2020

Claire Williams: Title sponsor exit ended the story

Sep.17 – It was the departure of Williams’ title sponsor this year that prompted the sale of the team. That is the admission of..

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17 Sep 2020

Brown: Selling McLaren factory a ‘good decision’

Sep.17 – Zak Brown insists that selling McLaren‘s factory for about $350 million is a “very good decision”. The..

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In the pit lane – Is Israel an option for F1?

With the US acting as an intermediary Israel and the UAE agreed back in August to work towards “normalisation”. This would make the UAE..

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15 Sep 2020

Sainz: Richest team ‘will always win’ in current F1

Sep.14 – Carlos Sainz has admitted to “frustration” that the current situation in Formula 1 means that the richest team..

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14 Sep 2020

Wolff denies Ineos to buy Mercedes for $900m

Sep.14 – Toto Wolff has rubbished suggestions Mercedes could be about to be taken over in a sensational $900 million deal by 2020..

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Mercedes quiet amid $900m F1 team buyout claims

Sep.13 – Mercedes is refusing to comment on reports that its dominant works Formula 1 team is lining up an almost $900 million sale...

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13 Sep 2020

New teams must pay F1 rivals $200m

Sep.13 – New Formula 1 entrants will have to pay $200 million to the existing teams in order to enter the sport, according to a..

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Lehto: Hamilton wants ‘5 million more’ for 2021

Sep.11 – Lewis Hamilton is holding out for a 2021 pay-rise, according to a former Formula 1 driver. As the ‘silly season’..

18 comments | 
11 Sep 2020

In the pit lane – The dream turns into a nightmare

After a long wait Ferrari owned circuit Mugello will host a F1 race, The Formula 1 Pirelli Gran Premio Della Toscana Ferrari 1000. For..

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8 Sep 2020

In the pit lane – Pirelli under pressure

With the F1 season now in full swing, tyre supplier Pirelli is feeling the heat after tyre failures at the British Grand Prix. Lewis..

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1 Sep 2020

Marko: F1 owners Liberty ‘a bit naive’

Sep.1 – Dr Helmut Marko says the top bosses at F1’s owner Liberty Media are often “a bit naive”. The Red Bull chief..

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Ecclestone denies buying Williams

Aug.29 – Bernie Ecclestone has denied that he is involved in the Williams buyout. Although the team announced that it has been..

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29 Aug 2020

Ecclestone may be involved in Williams buyout

Aug.28 – A Formula 1 journalist is wondering if Bernie Ecclestone is involved in the Williams buyout. Earlier in 2020, when the..

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28 Aug 2020

In the pit lane – Nothing ventured nothing gained

F1 discovered William’s fate when it was announced last Friday the team had been sold to the relatively small American private equity..

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24 Aug 2020

Williams was sold for EUR 152 million

Aug.24 – Buying the Williams team cost the British team’s new owners EUR 152 million, according to Bloomberg. Having slumped to..

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The Williams F1 buy-out By Peter Windsor

Peter Windsor records the sale of the Williams F1 team to Dorilton Capital and offers a view as to whether or not this is a good thing for..

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23 Aug 2020

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