F1 money - Page 51

New Barcelona mayor says F1 funding ‘not priority’

May 28 – The Spanish grand prix might be losing the backing of the city of Barcelona. At the Circuit de Catalunya‘s latest F1..

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28 May 2015

Prost: Hamilton contract a blow for Rosberg

May 22 – Lewis Hamilton‘s new contract is a psychological blow to Nico Rosberg. That is the view of F1 legend Alain Prost...

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22 May 2015

Ecclestone faces $1.6 billion tax bill

May 22 – British tax authorities have resumed a $1.6 billion pursuit of F1 supremo Bernie Ecclestone. Bloomberg reports that the..

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Lauda: Hamilton ‘deserves’ his millions

May 21 – Lewis Hamilton deserves what he will earn under the terms of his new Mercedes contract. That is the opinion of Niki Lauda,..

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21 May 2015

Hamilton signs new deal

World champion Lewis Hamilton has penned a new three-year contract with Mercedes. The 30-year-old’s current deal was due to expire at the..

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20 May 2015

Secret F1 income payment system leaked

May 14 – Ahead of a crucial meeting about F1’s future on Thursday, the inequality of the sport’s secret payments system..

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14 May 2015

Briatore facing jail over tax fraud

May 13 – Flavio Briatore could face four years in jail over alleged tax fraud. Five years ago, Italian police seized the former..

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Barcelona chief: Ecclestone ‘always has upper hand’

May 11 – Race chief Sebastia Salvado says his “worst memory” in the quarter-century history of the Spanish grand prix at..

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11 May 2015

Lotus warn Maldonado he must prove himself

Lotus has told Pastor Maldonado that he must prove himself to be worthy of a Formula 1 drive, and not rely on his wealthy sponsors...

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6 May 2015

Lopez urges team support for ‘viable future’

Gerard Lopez, the Lotus F1 team owner, has urged other formula one outfits to “stand together” to make the sport more..

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5 May 2015

Sauber says Mosley’s budget cap ‘good idea’

Sauber has backed former FIA president Max Mosley’s renewed call for a budget cap in formula one. Earlier this week, ahead of the..

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1 May 2015

Williams spent $3m on staff bonuses last year

Williams spent $3 million on bonuses to its staff at the end of last year, British newspapers report. The news follows hot on the heels of..

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28 Apr 2015

Mosley proposes budget cap with rules freedom

Max Mosley has urged F1 teams to rethink the idea of a budget cap — with an added twist. In 2015, the issue of spiralling and..

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Williams reveals more than $50m loss

Williams has revealed it recorded a more than $50 million loss in 2014. The Grove team, listed on the Frankfurt stock exchange, enjoyed a..

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27 Apr 2015

Grosjean: Palmer at Lotus to ‘finance team budget’

As Romain Grosjean sat out Friday practice early in Shanghai, he said he understands the financial pressures on F1 teams. Temporarily in..

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10 Apr 2015

Hamilton admits contract saga ‘a pain’

Lewis Hamilton‘s increasingly farcical contract saga looks set to continue. The reigning world champion has been saying for weeks..

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9 Apr 2015

Lotus on pole for Renault buyout

Lotus has reportedly moved into pole position to be taken over by the French manufacturer Renault. Dissatisfied with its current status as..

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8 Apr 2015

Raikkonen invested in Nasr’s career

Felipe Nasr has revealed that Kimi Raikkonen helped to fund his rise to formula one. In the first two grands prix of his career, Brazilian..

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6 Apr 2015

No Hamilton contract news for ‘few more days’

The Malaysian grand prix weekend started and ended without Lewis Hamilton‘s new Mercedes contract being announced. The reigning world..

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29 Mar 2015

Ferrari adds EUR 100m to F1 budget

Ferrari is closing the gap to dominant Mercedes in more ways than one, according to reports. The fabled Maranello marque has made a big..

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28 Mar 2015

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