F1 money - Page 57

Force India plays down Mallya’s troubles

Force India has played down this week’s alarming news from India about team supremo Vijay Mallya. Amid the decline of his airline..

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3 Sep 2014

Ferrari customers behind in F1 engine payments

Ferrari‘s customer teams are behind in payments to the Maranello marque. Referring to engine customers Sauber and Marussia, team boss..

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UBS reducing it’s F1 sponsorship

Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services company entered F1 in 2010..

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1 Sep 2014

Ecclestone: Departed backers ended New York F1 race hopes

Plans for a New York street race were foiled by financial backers that pulled out, Bernie Ecclestone has revealed. A second American grand..

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29 Aug 2014

Ecclestone still fighting with German bank

Bernie Ecclestone remains at legal loggerheads with the Munich state bank BayernLB. When the sport’s supremo controversially yet..

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26 Aug 2014

Ecclestone returns to F1’s executive board

Bernie Ecclestone has returned to the executive board of F1’s parent company. Although he remained F1 chief executive, the..

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24 Aug 2014

Chilton fumbles as F1’s next ‘pay-drivers’ line up

He didn’t want to say the words, but Max Chilton insists a Marussia kerfuffle in Belgium should not be interpreted as a simple..

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23 Aug 2014

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

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