F1 money - Page 58

Todt admits some F1 teams may not survive

Jean Todt has admitted some F1 teams are in danger of bowing out. Despite the impressively rejuvenated Red Bull Ring, an air of slight..

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21 Jun 2014

Report: F1 abandons short GP weekend idea

F1 failed to make significant cost-saving progress at a meeting on Wednesday, Germany’s Auto Motor und Sport reports. Earlier, it was..

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20 Jun 2014

Newey ‘keen’ to join $130m America’s Cup bid

Famous British sailor Sir Ben Ainslie has admitted Adrian Newey could play a key role in his America’s Cup yachting project. Newey,..

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11 Jun 2014

Ecclestone offered money to prevent F1 trial

Bernie Ecclestone says he offered to pay more than $40 million to stop the Gerhard Gribkowsky bribery affair. Writing in the Independent..

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6 Jun 2014

Gribkowsky asked BayernLB boss for millions

Bernie Ecclestone was not the only man Gerhard Gribkowsky turned to as he sought to make his millions. That is the claim that emerged in a..

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Forza Rossa yet to lodge $20m F1 bond

Colin Kolles’ new formula one team still has a high hurdle to clear before it can join the grid. Media reports this week have claimed..

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4 Jun 2014

F1 cost cutting to hit high gear in June

F1’s cost-saving efforts will shift into a higher gear in the month of May. Ever since the powerful ‘Strategy Group’..

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3 Jun 2014

Honda not planning to buy McLaren

McLaren on Thursday denied reports Honda is looking at buying into the Woking based team. Rumours in Japan this week said the Japanese..

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29 May 2014

Fernandes: Caterham is seeking investers

Tony Fernandes has denied he is selling Caterham, admitting instead that he is seeking new “investment” in the struggling..

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28 May 2014

Marko: Mercedes also did Newey an offer

Ferrari is reportedly not the only team prepared to pay big money to lure Adrian Newey from Red Bull. In Monaco, Ferrari team boss Marco..

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27 May 2014

Lopez: PDVSA & Maldonado not leaving Lotus F1

Team owner Gerard Lopez has added his denial to reports Lotus could be set to lose its new lucrative PDVSA backing. The Enstone team..

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26 May 2014

Fernandes not responding to Caterham sale reports

Tony Fernandes is not responding to reports he plans to sell Caterham. Ten days ago, we reported paddock rumours that the backmarker team,..

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25 May 2014

Maldonado denies Venezuelan money backing to end

Pastor Maldonado has denied his sponsorship backing is ending. Early this week, the new Venezuelan sports minister Antonio Alvarez warned..

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22 May 2014

Maldonado’s Venezuelan money backing could end

The F1 party may soon be over for Pastor Maldonado. Until now, the 29-year-old Venezuelan’s formula one career has been powered by..

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20 May 2014

Lotus hits back after Renault pay claims

Lotus team owner Gerard Lopez has hit out at Renault, after the F1 engine supplier revealed some of its customers are behind in payments...

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16 May 2014

Todt: F1 Teams cost saving proposals are ridiculous

Jean Todt has slammed as “a joke” the initial cost-saving proposals put forward by formula one teams. The powerful..

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13 May 2014

F1 report: Leimer could be Marussia’s Friday driver

The reigning GP2 champion is moving to put his formula one ambitions back on track. Even with a reported $14 million sponsor offering to..

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12 May 2014

Lotus isolated as non-paying Renault team

Lotus has been left isolated after supplier Renault complained about unpaid engine bills. Earlier in Barcelona, Renault chief Jean-Michel..

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10 May 2014

Small teams want mid-season car spec ‘freeze’

F1’s smallest teams have proposed a mid-season development freeze to cut costs from 2015. After the powerful ‘Strategy..

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9 May 2014

Renault losing patience with late-paying F1 teams

Renault on Friday said it is losing patience with some of its F1 team customers. The French supplier’s F1 chief Jean-Michel Jalinier..

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