F1 money - Page 30

Wolff: Hamilton contract talks to start soon

Contract negotiations with Lewis Hamilton will only begin this month, according to Mercedes team boss Toto Wolff. Earlier, it was rumoured..

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6 Feb 2020

Camilleri: Ferrari to spend more money in 2020

Ferrari CEO Louis Camilleri says the Italian marque is prepared to spend more on Formula 1 ahead of the 2020 and 2021 seasons. Actually,..

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5 Feb 2020

New $26m per year sponsor deal for Mercedes

On the eve of the 2020 season, six-time consecutive world champion Mercedes has reportedly secured a $26m per year sponsorship deal. At..

1 comment | 
3 Feb 2020

Hamilton denies arguing with Mercedes over money

Lewis Hamilton has rejected speculation that he is arguing about the monetary value of his next contract with Mercedes. Reports have..

3 comments | 
30 Jan 2020

Marko: Mercedes unwilling to pay Hamilton $66m

Lewis Hamilton may be pricing himself out of the market in Formula 1, according to Red Bull’s Dr Helmut Marko. Reports suggest the..

12 comments | 
29 Jan 2020

Steiner: Haas takes financial hit for 2020

Haas boss Gunther Steiner admits the team has suffered a financial setback after the 2019 season. Not only did the small American team lose..

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27 Jan 2020

Hamilton wants new $66m per year Mercedes deal

Lewis Hamilton‘s teammate is his “only opponent” in Formula 1, according to Max Verstappen. In recent days, rumours have..

15 comments | 

Todt plays down worries about 25 races

FIA president Jean Todt has played down concerns about F1’s ever-expanding race calendar. With many in the sport already unhappy..

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23 Jan 2020

Hamilton to stay at Mercedes in 2021 & 2022?

Lewis Hamilton looks set to re-commit to Mercedes, according to the authoritative Italian newspaper La Gazzetta dello Sport. The report..

1 comment | 
20 Jan 2020

Formula 1 loses $26M sponsor

Formula 1 has lost a major sponsor. Citing a source close to the company, the Press Trust of India (PTI) reports that Tata Communications,..

4 comments | 
17 Jan 2020

PwC Study Reveals $500M Benefit for Baku since F1 GP

Baku City Circuit (BCC) today released the results of its second study into the economic impact that hosting the annual F1 race weekend in..

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15 Jan 2020

Bahrain would welcome Saudi Arabia to F1

Bahrain says it would welcome the arrival of Saudi Arabia to the Formula 1 race calendar. Former F1 team boss Flavio Briatore, who some..

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14 Jan 2020

Latifi dollars start to flow at Williams

The sponsorship dollars brought by Nicholas Latifi’s new race seat are now starting to flow at Williams. This week, we reported that..

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9 Jan 2020

Barcelona needs ‘help’ to afford Liberty Media fee

Barcelona needs “help” in order to extend its contract to host the Spanish GP beyond 2020. Liberty Media agreed an eleventh..

2 comments | 
13 Dec 2019

Racing Point admits interest in Kubica

Racing Point has admitted its interest in signing Robert Kubica for 2020. Earlier, it was thought the former Williams driver looked likely..

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9 Dec 2019

How do F1 teams earn money year after year?

Formula 1 is definitely a complex sport regarding money and how the companies involved generate revenue due to their respective..

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6 Dec 2019

No official comment on Stroll-Aston Martin rumours

No official comment is yet to be made amid rumours Racing Point owner Lawrence Stroll also wants to take over the struggling British..

2 comments | 

Rio secures $72m tax break for Brazil GP bid

Rio de Janeiro’s efforts to snatch the Brazilian Formula 1 Grand Prix away from Sao Paulo are continuing apace. While Interlagos..

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4 Dec 2019

Ferrari used ‘usual procedure’ amid fuel breach

Mattia Binotto claims Ferrari did not mean to breach a technical rule in Abu Dhabi. Charles Leclerc‘s podium remained under a cloud..

7 comments | 
2 Dec 2019

Verstappen donates to koala fundraiser

Max Verstappen has made a donation to help save Australia’s koalas from bushfire. A crowdfunding campaign for the Port Macquarie..

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30 Nov 2019

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