Report: McLaren working hard to avoid bankruptcy
Jun.24 – McLaren is worried it may soon run out of money. Although the famous British team has signed up Daniel Ricciardo for 2021,..
F1 money - Page 26
Ecclestone: End of German free TV deal ‘about Vettel’
Jun.23 – Bernie Ecclestone thinks the looming end of free-to-air television coverage of Formula 1 in Germany is due to the demise of..
Leclerc taking 2020 Ferrari pay-cut
Jun.19 – Sebastian Vettel did not join his Ferrari teammate Charles Leclerc in agreeing to reduce his pay during the 2020 corona..
Steiner ‘not certain’ about Haas’ F1 future
Jun.19 – “Nothing is certain” about the future of the small American team Haas in Formula 1. That is the admission of..
Report: McLaren could sell 30% team stake
Jun.18 – Hot on the heels of news that Williams is for sale, another independent British team – McLaren – is reportedly..
Todt happy to see big teams expand beyond F1
Jun.16 – Jean Todt has welcomed news that Ferrari and Mercedes are looking into expanding beyond Formula 1. The FIA president said..
Green: 2021 Budget cap must give top teams ‘headache’
Jun.15 – Those in charge of F1’s biggest budget teams must be suffering from a “massive headache”, according to..
Hungary reveals $20m ‘ghost race’ discount
Jun.10 – Hungaroring boss Zsolt Guylay admits the F1 race promoters got a discount on their 2020 race fee. The circuit near Budapest..
Report names three potential Williams buyers
Jun.10 – Three names are in the fray as potential buyers for the struggling F1 backmarker Williams. That is the claim of..
Partner: New Campos F1 team ‘still alive’
Jun.9 – A potential new Formula 1 team is still clinging to its project through the corona crisis. Late last year, Formula 2 boss..
Lights Out – Chequebooks Out: Racing Point
In this series, I will look at the ownership and funding of the teams in F1 and maybe uncover a dark secret or two. Part 9: Racing point..
Ecclestone: No more ’50 million’ contracts for Hamilton
Jun.8 – The days when Lewis Hamilton earns eye-popping amounts of money per year from Formula 1 are over. That is the view of Bernie..
Source: Wolff buys back some Williams shares
Jun.8 – Toto Wolff has reportedly bought back into struggling F1 team Williams. The British team, which recently revealed that it is..
Ecclestone seeks buyer for Williams
Jun.5 – Bernie Ecclestone says he will help his old friend Sir Frank Williams to find a buyer for the embattled F1 backmarker. While..
‘Ghost race’ organisers not paying a fee
Jun.3 – Organisers of the Spanish GP have confirmed they will not pay Liberty Media a fee for hosting one of the initial eight..
Schumacher: Frank & Claire Williams should leave F1
Williams failed to keep up with the pace of modern Formula 1, according to former team driver Ralf Schumacher. It’s hard to see the..
Marko: Budget cap ‘loopholes’ for McLaren
Jun.3 – McLaren could be a winner of the budget cap measures set to take effect next year. That is the view of Red Bull official Dr..
Lights Out – Chequebooks Out: Alfa Romeo
In this series, I will look at the ownership and funding of the teams in F1 and maybe uncover a dark secret or two. Part 8: Alfa Romeo..
Magnussen: Rusty F1 drivers ‘not big problem’
Kevin Magnussen remains hopeful Haas will keep him on board for 2021. With the racing set to resume without spectators next month, the Dane..
Williams annouces it may be sold
Backmarker Formula 1 team Williams has admitted it may be sold. On Friday, the former world champions admitted that after slumping to dead..
