F1 money - Page 54

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

Boss: Monza can survive without F1 race

Monza insists it would survive even without the iconic Italian grand prix. Bernie Ecclestone said last year that the current contractual..

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Mercedes pays record fee to enter 2015 F1 season

Mercedes is paying the highest ever fee to enter the 2015 world championship. The German team may have triumphantly dominated last..

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14 Jan 2015

Symonds: Williams won’t compete without bigger budget

Williams chief technical officer Pat Symonds has said that the team need to find more finance if they are going to regularly threaten at..

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13 Jan 2015

Mercedes to offer Hamilton new three-year deal

Mercedes is positioning to keep world champion Lewis Hamilton well beyond the 2015 season. Talks over the Briton’s expiring contract..

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12 Jan 2015

Bird: F1 teams favour money over talent

Former Mercedes tester Sam Bird says F1 teams no longer scour the world’s top racing categories in search of the best possible..

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9 Jan 2015

Boullier: McLaren can survive without title sponsor

Jan.8- Team boss Eric Boullier says McLaren can survive without a title sponsor. The Woking team lost its title backer Vodafone at the end..

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8 Jan 2015

Lotus paid 2015 F1 entry fee late

Lotus was late to pay the FIA entry fee for the 2015 world championship, according to reports in Spain and Italy. The Enstone team’s..

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Marussia debt exposed at £31.5 million

Marussia F1 team, which ceased trading last month, owe £31.5 million in unpaid debt, it has been revealed. The team entered administration..

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6 Jan 2015

Caterham desperate for quick investment

The future of lowly Formula 1 team Caterham has been put in even more doubt after it emerged that any investment is still some way from..

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Struggling F1 teams still face uncertain future

Less than a month before official winter testing begins, the future of the ailing backmarkers Marussia and Caterham remains unclear...

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Marussia still owes Timo Glock $1m – source

The collapsing F1 backmarker Marussia still owes a whopping $1 million to its former driver Timo Glock, according to reports. The debt was..

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31 Dec 2014

Fears third F1 team could collapse – reports

There are fears a third team could follow Caterham and Marussia out of F1 as the new year beckons. Caterham, although still in..

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29 Dec 2014

Loyal backers sticking with Schumacher

A year after his skiing accident, Michael Schumacher has retained the loyal backing of most of his personal sponsors. It was reported..

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