F1 money - Page 57

Bank ‘not closed’ to higher Ecclestone settlement

  Bernie Ecclestone looks set for new settlement talks. After he ended his criminal troubles in Germany recently with a controversial..

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22 Aug 2014

Lawyer: Ecclestone settled case for good of F1

  Bernie Ecclestone ended his bribery trial with a record $100 million payment for the good of formula one. That is the claim of the..

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21 Aug 2014

New Nurburgring owner misses payment due date

The Nurburgring‘s sale has hit a fork in the road. In March, the financially embattled German grand prix host was bought for a..

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Lopez hits back at Genii financial reports

Gerard Lopez has lashed back at reports suggesting Lotus F1 team owner Genii is in dire financial health. The Luxembourg newspaper..

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18 Aug 2014

Ecclestone holidays after paying $100m settlement

Bernie Ecclestone‘s bribery trial and charges have been officially dropped, after the F1 supremo lodged his controversial $100..

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14 Aug 2014

Bank rejects Ecclestone’s compensation offer

Bernie Ecclestone‘s legal troubles are not yet over. Before he ended his corruption trial in Munich by agreeing to pay $100 million..

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11 Aug 2014

German charity ‘surprised’ by $1m Ecclestone payment

Officials of a German children’s charity were completely surprised when it emerged Bernie Ecclestone would pay them $1 million. The..

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7 Aug 2014

Alonso wants to earn $50m a year?

Multiple authoritative media sources claim Fernando Alonso wants almost $50 million a year to sign a new contract with Ferrari. Amid his..

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6 Aug 2014

Judge ends Ecclestone trial after $100m deal

Bernie Ecclestone walked out of court on Tuesday with the corruption scandal that threatened to end his F1 reign and leave him in jail..

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5 Aug 2014

Mallya granted bail on tax case in India

Although the meeting was ultimately cancelled, it was expected that one of the touted ‘popularity working group’ protagonists..

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1 Aug 2014

Lotus F1 owner’s losses & debts continue to worsen

Alarming news about the financial health of Lotus F1 team owner Gerard Lopez has emerged. Together with Eric Lux, fellow Luxembourger Lopez..

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Hamilton angling for new EUR 90m contract

Lewis Hamilton is angling for a pay-rise at Mercedes, the major German newspaper Bild-Zeitung reports. The big ‘silly season’..

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28 Jul 2014

Ecclestone plays down F1 buy-back reports

Bernie Ecclestone has played down suggestions he is set to buy back formula one. F1 business journalist Christian Sylt claims the..

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20 Jul 2014

Haas paid ‘$20m deposit’ for F1 team entry

Gene Haas proved his seriousness about entering formula one by paying a $20 million deposit. That is the claim of F1 business journalist..

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17 Jul 2014

Kolles denies Caterham F1 owner speculation

Caterham is the latest hotbed of formula one rumours. Because the true identity of the team’s new owners has not been disclosed,..

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8 Jul 2014

Kolles: Investors saved Caterham from Silverstone axe

Caterham would not be at Silverstone if not for the team’s mysterious new owners. That is the claim of Colin Kolles, well-known in..

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5 Jul 2014

Ecclestone admits F1 buy-back possible

Bernie Ecclestone has admitted he might buy back formula one. The Silverstone weekend kicked off amid rumours major shareholder CVC could..

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Report: Ferrari offers Brawn € 5 million to F1 return

Ferrari has set its million-dollar sights on luring Ross Brawn back to formula one. That is the claim on Thursday of the Milan daily..

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3 Jul 2014

Thursday: Last change for struggling teams?

F1’s last chance to slash costs for struggling teams has now passed. The FIA’s World Motor Sport Council met in Munich on..

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27 Jun 2014

Ecclestone ‘happy’ if struggling teams collapse?

Bernie Ecclestone has issued a stinging warning to struggling F1 teams. Amid all the noise about the urgent need for cost cutting, the..

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24 Jun 2014

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