F1 money - Page 31

Brazil GP promoter says Rio bid ‘not serious’

Brazilian GP promoter Tamas Rohonyi does not believe a bid to switch the race to a new circuit in Rio de Janeiro is “serious”...

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22 Nov 2019

Jerez in talks for 2021-2023 Spanish GP deal

Jerez could become the next Spanish GP host. For 2020, Spain is only remaining on the calendar because Barcelona concluded eleventh-hour..

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19 Nov 2019

Sao Paulo offers to pay ‘fee’ for F1 race

Sao Paulo is prepared to pay a “fee” to keep the Brazilian F1 GP at Interlagos. Earlier in 2019, the future of the race became..

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Source: Penske could buy Mercedes’ F1 team

Mercedes’ Formula 1 team is for sale. That is the claim of the German publication Auto Bild, citing the information of a..

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16 Nov 2019

Reports: F1 owner looked into buying Indycar

Liberty Media, F1’s owner since 2016, looked into also buying the premier American open wheeler series. Last week, American racing..

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Former sponsor did not pay Williams in full

SMP Racing did not pay in full for its sponsorship of the struggling backmarker Williams in 2018. That is the claim of a Russian source at..

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12 Nov 2019

Villeneuve: Williams ‘do not deserve’ budget cap

Jacques Villeneuve says a team like Williams “do not deserve” a budget cap. The outspoken French Canadian is the last driver to..

1 comment | 
6 Nov 2019

Horner: 2020 to be F1’s most expensive year ‘ever’

Christian Horner thinks 2020 could be “the most expensive year ever in Formula 1“. The Red Bull-Honda team boss’ recent..

1 comment | 
4 Nov 2019

Marko: Top drivers big winners of F1 budget cap

The drivers could be the big financial winners of the newly-released rules for 2021. After a long and controversial period of uncertainty,..

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2 Nov 2019

McLaren’s Major Petrobras sponsor deal terminated?

A major Formula 1 sponsor has announced it is leaving McLaren. In May, we reported that Brazilian state-run oil company Petrobras was..

3 comments | 
21 Oct 2019

Who is the highest paid F1 driver in 2019?

The 2019 F1 season is only four races away from its end, but there are still many interesting topics to talk about in the last couple of..

12 comments | 
18 Oct 2019

Steiner fined EUR 7500 for insulting F1 steward

Gunther Steiner has escaped with a slap on the wrist after his Sochi radio outburst. Some had feared that the Haas boss could be banned..

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12 Oct 2019

Report: Honda ups F1 budget to EUR 140 million

Honda is upping its Formula 1 budget for 2020, according to Italy’s La Gazzetta dello Sport. The move follows pressure on the Red..

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11 Oct 2019

Ricciardo settles $12m manager lawsuit

Daniel Ricciardo has settled a $12 million lawsuit with his former manager. In July, we reported that Glenn Beavis is suing the Australian..

10 comments | 
10 Oct 2019

Mercedes earns money with F1 team?

Toto Wolff is paid 8 million euros a year to be Mercedes’ team boss. The information was revealed by Austria’s Osterreich..

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9 Oct 2019

F1 considering combustion engine freeze for 2021

F1 is considering a freeze on the internal combustion engine part of the current ‘power units’ from 2021. Earlier, it was..

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Steiner: Title sponsor saga no ‘huge impact’ on 2020

Gunther Steiner has admitted that the Rich Energy affair will have an impact on Haas’ bottom line. For 2019, the American team signed..

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Kubica sponsor demands Williams explanation

Robert Kubica’s sponsor officially demanded that Williams explain why the Pole retired from the Russian GP. Williams admitted..

2 comments | 
4 Oct 2019

Haas not harmed by title sponsor debacle

Formula 1 team Haas has no immediate plans to pull out of the sport. The American outfit has had a tumultuous 2019 season, with its car..

1 comment | 
2 Oct 2019

Ferrari to build new F1 simulator

Ferrari has decided to build a brand new F1 simulator at Maranello. Because it resembles the eight-legged arachnid, Ferrari’s current..

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26 Sep 2019

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