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..
F1 money - Page 59
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...
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..
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..
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..
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..
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..
Gribkowsky will testify on Friday in Ecclestone F1 trail
Bernie Ecclestone‘s bribery trial will step up a gear on Friday. SID news agency reports that Gerhard Gribkowsky, the jailed former..
Todt: F1 teams must agree to cost-cutting rules
Jean Todt insists his hands are tied after F1’s most powerful teams vetoed the move to a budget cap for 2015. It has been suggested..
Sauber turned down GP2 champion’s $14m
Even with $14 million in his hand, reigning GP2 champion Fabio Leimer could not buy his way into formula one. The 25-year-old Swiss, who..
F1 could axe Friday morning practice to cut costs
F1 could axe Friday morning practice sessions next year, as teams consider how to cut costs in the absence of a mandatory budget cap...
Maldonado paid $25m to leave Williams F1
A $25 million termination payment from Pastor Maldonado‘s sponsor helped Williams to drive back into profit. The publicly-listed..
Nuclear millions powering de Silvestro’s F1 push
The nuclear lobby is powering Simona Silvestro’s push for a Sauber race seat in 2015. That is the claim of the Swiss newspaper Blick,..
Prospects are not good as Ecclestone trial begins
Bernie Ecclestone‘s bribery trial begins on Thursday. It could be the final lap in a long and lucrative career for the 83-year-old..
Lopez: Lotus bullied over budget cap axe
Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against the introduction of budget caps. The..
F1 set for cost-cutting summit on 1 May
F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it was reported FIA president Jean Todt was..
Drivers threaten to strike over unpaid wages
F1 drivers are threatening to strike if their teams do not pay them. Germany’s Sport Bild reports that, in Bahrain recently, Kimi..
FIA wins battle & Ecclestone goes to war
Big politics are at play in formula one. Amid all the noise about quiet engines and the urgent need to change rules, many suspect Bernie..
McLaren plays down rumours in Bahrain
McLaren is at the centre of a body of rumours in the Bahrain paddock. In title sponsor Vodafone’s wake, the British team ran..
Todt: F1 heading for EUR 150m budget cap
F1 is heading towards a budget cap of EUR 150 million per team for the 2015 season and beyond. FIA president Jean Todt said he is confident..
