F1 money - Page 25

Williams sold to US based Dorilton Capital

Aug.21 – Williams Racing has been acquired by Dorilton Capital, bringing a successful conclusion to the Strategic Review which was..

8 comments | 
21 Aug 2020

In the pit lane – Lawrence Stroll gets very angry

Lawrence Stroll, a man who rarely makes a public comment, stood in front of the camera at Silverstone and gave a performance that almost..

2 comments | 
18 Aug 2020

In the pit lane – Formula E unplugged

Following a five-month lockdown Formula E returned with six races in nine days at Berlin’s Tempelhor track. So, should Formula 1 be..

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11 Aug 2020

F1 wants 22 races in 2021 to get revenue up

Aug.11 – Formula 1 is targeting a full and normal 22-race calendar for 2021, as the sport revealed an almost total collapse of..

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Liberty pushing ahead with Concorde deadline

Aug.11 – Liberty Media is pressing ahead with its August 12 deadline for the finalisation of the 2021 Concorde Agreement. While Cyril..

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Wolff not commenting on Hamilton pay-cut rumours

Aug.8 – Sebastian Vettel has hinted that his decision about what to do in 2021 has already been made. Although there are rumours..

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8 Aug 2020

In the pit lane – Zak Brown dealmaker

In the week McLaren announced Gulf Oil as a new sponsor the team also came in for criticism for its deal with British American Tobacco and..

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4 Aug 2020

Magnussen hopes Haas owner stays in F1

Aug.1 – Gene Haas is still yet to decide whether to keep his Formula 1 team up and racing. The small American team has already..

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1 Aug 2020

In the pit lane – F1 races to Africa?

In his ongoing campaign to raise awareness of the Black Lives Matter movement, Lewis Hamilton has declared his desire for a race in Africa...

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29 Jul 2020

In the pit lane – Hats off to Alonso

One of the unanswered questions of Fernando Alonso returning to F1 is how much will Renault pay him? Cash strapped Renault and Alonso are..

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14 Jul 2020

Briatore: Ferrari should have fined Leclerc

Jul.14 – Charles Leclerc should have been fined by Ferrari for crashing into his teammate in Austria. That is the view of former..

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In the pit lane – Vienna slice

The show eventually got on the road with the first race of the season held at the Red Bull Ring in Spielberg. Behind the scenes, there has..

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7 Jul 2020

Wolff & Hamilton deny arguing over money

Jul.5 – Toto Wolff and Lewis Hamilton have denied they are arguing about the monetary value of the six-time world champion’s..

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5 Jul 2020

Magnussen: Haas will stop if team does not improve

Jul.3 – Haas needs to up its game or team owner Gene Haas will pull out of Formula 1. That is the word from the small American..

3 comments | 
3 Jul 2020

Hamilton eyes $50 million a year for next Mercedes contract?

Jul.2 – Lewis Hamilton wants $50 million a year to renew his contract with Mercedes, according to Britain’s Daily Mail..

16 comments | 
2 Jul 2020

Team boss denies McLaren at risk of collapse

Jul.1 – Team boss Andreas Seidl has denied that McLaren could have collapsed financially in 2020. Recent London High Court documents..

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1 Jul 2020

Marko: Teams should survive corona crisis

Jul.1 – Dr Helmut Marko thinks all of the current Formula 1 teams will survive the ‘corona crisis’. It has been an..

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Bahrain bank loans McLaren $185m

Jun.30 – McLaren is borrowing about $185 million from a Bahraini bank. On Monday, amid claims the team needed funds desperately in..

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30 Jun 2020

In the pit lane – ROKiT man

It all starts when the Williams F1 team announced that it was ending its partnership with sponsors ROKiT with immediate effect, although no..

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Brown: McLaren’s financial problems ‘solved’

Jun.29 – McLaren’s financial problems “have been solved”. That is the claim of team supremo Zak Brown, mere days..

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29 Jun 2020

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