F1 money - Page 53

Teams warn Ecclestone of ‘cash flow crisis’

Two weeks before the 2015 F1 season begins, the shape of the grid remains unclear. And that is not just because the backmarker..

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1 Mar 2015

Wolff: Report of $231m deal for Hamilton ‘like satire’

Toto Wolff has scoffed at a media report purporting to know the dizzying value of Lewis Hamilton‘s next Mercedes contract. Although..

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28 Feb 2015

Schumacher ‘sells’ holiday home

Michael Schumacher has sold his Norwegian holiday home for £2m, according to reports. The seven-time champion is recovering from a ski..

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27 Feb 2015

Caterham assets auctions set to go ahead

While Marussia pushes hard to return in 2015 as Manor, another ailing backmarker appears to have reached the end of the line. Early in..

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Wolff sells more of Williams stake

Toto Wolff has offloaded more of his stake in the Williams F1 team. Ever since the Austrian bought into Mercedes early in 2013 and began..

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25 Feb 2015

Cloud still hangs over Monza circuit

A cloud continues to hang over the future of the iconic Italian grand prix. Last year, Bernie Ecclestone warned that because the current..

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Arrivabene denies Gutierrez is Ferrari ‘pay driver’

Ferrari has denied that even the great Italian team is now heading down the ‘pay driver’ road. Outspoken former F1 driver Mark..

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Nurburgring says German GP cannot afford Ecclestone fees

A deal to keep the German grand prix on this year’s F1 calendar still has not been struck. The Nurburgring was scheduled to return in..

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Manor F1 ‘agree’ Ferrari deal

Manor Formula 1 team has agreed a deal that will see them use Ferrari’s 2014 engines this season. Manor, formerly known as Marussia,..

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20 Feb 2015

Dennis defends opposition to FIA cost-cutting

Ron Dennis has defended his opposition to centralised cost-cutting in formula one. After Tuesday’s meeting of the F1 Commission in..

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19 Feb 2015

Gribkowsky hands over ‘bribe’ to German bank

Gerhard Gribkowsky has handed over more than a quarter of the $44 million alleged ‘bribe’ he was paid by F1 supremo Bernie..

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Report: FIA study shows F1 costs could be halved

A study commissioned by the FIA reportedly shows that costs in formula one could be halved without hurting the ‘show’. With..

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17 Feb 2015

Force India in trouble as 2015 car fails to make Barce test

Serious doubts have emerged over whether Force India will be ready to start the new season, after they confirmed that their new car will..

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13 Feb 2015

Alonso vows to sue over tax evasion reports

Fernando Alonso is threatening legal action after being named on a list of those suspected of tax evasion. The so-called ‘Falciani..

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10 Feb 2015

Ecclestone eyes ‘second division’ with old Red Bull

Bernie Ecclestone is working on a contingency plan in case the F1 grid continues to dwindle. If Marussia‘s bid to return this year..

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Force India denies not paying supplier bills

Force India has hit back at reports it could be the next team to spin out of formula one. The Silverstone based team missed the Jerez test..

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7 Feb 2015

Report: Marussia to be bought by Justin King

Former Sainsbury’s chief executive Justin King is one of a group of investors looking to buy Marussia, according to reports. The team..

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4 Feb 2015

Force India denies rumours of financial collapse

Jan.29- Force India has denied reports it is now just the latest F1 team fighting for mere survival. The Silverstone based team took on and..

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30 Jan 2015

Sirotkin F1 money key to Force India absence

The saga about Force India‘s apparent financial troubles is continuing. Luis Vasconcelos, an experienced correspondent writing for..

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Marussia in ‘advanced’ rescue talks

Marussia and its administrators has confirmed an auction of team equipment has been postponed due to rescue talks with a potential..

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20 Jan 2015

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