F1 money - Page 47

Ecclestone “certain” US race will go ahead

The US Grand Prix will go ahead this season despite doubts over the sanctioning fee, says Bernie Ecclestone. The race, which has been on..

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28 Jan 2016

Monza still negotiating race fee with Ecclestone

Jan.22 – Monza race organisers and Bernie Ecclestone are still negotiating over the fee for a new Italian grand prix contract...

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23 Jan 2016

F1 Commission approves engine cost-cap plan

Jan.20 – The F1 Commission on Tuesday approved a plan by the sport’s engine manufacturers to impose a cap on the price of..

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20 Jan 2016

Report: Engine rule changes limited to cost reduction

Jan.19 – Plans to dramatically shake up the engine regulations appear to now be off the table, following a key meeting in Geneva on..

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19 Jan 2016

Reports: Sutil suing Sauber for $3.5 million

Jan.14 – Once again as a new F1 season looms, there is legal trouble ahead for the Swiss team Sauber. Last year it was the..

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14 Jan 2016

F1 loses long-time podium champagne sponsor

Jan.14 – Long-time podium champagne sponsor Mumm is leaving F1. Owner Pernod Ricard is believed to pay EUR 5 million per year for the..

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Wolff: F1 budget worth every cent and more

Jan.13 – Mercedes has no thoughts whatsoever about reassessing its commitment to formula one. The German carmaker left McLaren to..

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13 Jan 2016

Report: Manufacturers to supply cheaper F1 engines

Jan.12 – F1’s manufacturers look set to agree to reduce the price of their engines, even if they want to press ahead with the..

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12 Jan 2016

Wolff races up Swiss rich list

Jan.11 – Toto Wolff has leapt up the rankings in an annual list of the richest people in Switzerland. Every year, it is the F1..

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11 Jan 2016

Barcelona slashes funding for Spanish GP

Dec.31 – Barcelona‘s city council has slashed funding for the Spanish grand prix. Local reports including by the El..

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31 Dec 2015

Mehri wants to be paid next year

Roberto Mehri has said that he is wants to be paid to race in Formula 1 next season. The Spaniard was unpaid at Manor last season and was..

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Renault bought back Lotus for 1 pound

Dec.28 – French carmaker Renault bought back its former works team Lotus for a single British pound. That is the finding of F1..

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30 Dec 2015

Renault tells court Lotus buyout complete

Dec.21 – Renault now “have the keys” to the Enstone based team known in 2015 as Lotus. That is what a lawyer for the..

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21 Dec 2015

Manor seat not secured for Haryanto yet

Dec.21 – Indonesian GP2 driver Rio Haryanto does not yet have his F1 race debut for 2016 in the bag. Earlier, it was reported that..

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Stoll: No budget increase for works Renault team

Dec.19 – Jerome Stoll, the Renault Sport chairman, has dismissed reports the French carmaker is ramping up its annual F1 budget. The..

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19 Dec 2015

Alonso: F1 thinks about small teams too much

Dec.17 – Fernando Alonso says whether he stays in F1 beyond his current contract depends on McLaren-Honda’s form and the..

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17 Dec 2015

Marchionne: Teams need more money for 21 races

Dec.15 – Ferrari has backed Mercedes in worrying about next year’s unprecedentedly-long race calendar. The FIA recently..

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15 Dec 2015

Marchionne: Floatation will not hurt Ferrari in F1

Dec.15 – Sergio Marchionne has denied that Ferrari‘s floatation will affect the fabled F1 team. Earlier, owner Fiat Chrysler..

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Epstein: CVC may not help save US GP

Dec.10 – F1 is heading into its winter sojourn with a cloud hanging over the future of the US grand prix. It also emerged this week..

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10 Dec 2015

Canada GP promoter admits late to pay suppliers

Dec.9 – The promoter of the popular Canadian grand prix has fallen behind in payments to suppliers, according to the Quebec newspaper..

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9 Dec 2015

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