F1 money - Page 6

Full Throttle: Zak Brown’s Ten-Year Pact Amid McLaren’s Bahrain Ownership

Mar.23 – Zak Brown will continue to lead the McLaren team as it is 100 percent acquired by Bahrain’s state wealth fund..

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24 Mar 2024

Legal Victory: Mazepin’s Frozen Funds Released & F1 Comeback Possible

Mar.21 – Political sanctions against axed Formula 1 driver Nikita Mazepin have been dropped by order of the European Court of..

2 comments | 
21 Mar 2024

FIA Roars for Fair Share: Next Clash with Liberty Looms

Mar.20 – There could be troubled negotiations ahead between Formula 1’s governing body, the FIA, and the Liberty Media-owned..

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20 Mar 2024

Gasly’s FC Versailles Share: Substantial Investment Unveiled

Mar.20 – Pierre Gasly buying into French football team FC Versailles is not just a token gesture, the club’s president insists...

1 comment | 

Barcelona’s €50m Push: Battling to Secure F1’s Future

Mar.15 – The Circuit de Catalunya is spending no less than 50 million euros to convince Formula 1 to stay in Barcelona. It was..

1 comment | 
15 Mar 2024

Ecclestone’s “Crashgate” Revelations Prompt Massa’s $82M Lawsuit

Mar.12 – Felipe Massa has followed through on his threat to sue Formula 1 for “justice” relating the outcome of the 2008..

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12 Mar 2024

Steiner Reveals Reason Why He’s Fired by Haas Owner

Feb.27 – Gunther Steiner says he was fired by Haas team owner Gene Haas because he was asking for equity in the struggling..

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27 Feb 2024

F1 Owner Liberty Media Eyes $4 Billion MotoGP Takeover

Feb.27 – Liberty Media, the owner of Formula 1’s commercial rights since 2017, has set its sights on acquiring the..

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Top F1 Teams’ Staff Soars: 1,500+ Hired Despite Cap

Feb.27 – Formula 1 is moving to close loopholes in the budget cap rules – but only in time for 2026. It was expected that by..

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Hulkenberg Says Haas F1 Team Model Needs Upgrade

Feb.21 – Nico Hulkenberg says he agrees with sacked Haas boss Gunther Steiner that the small American team needs to invest more to..

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21 Feb 2024

Hockenheim Hits Breaking Point: F1 Race Fees Unaffordable, Says Director

Feb.12 – Just as Suzuka and Silverstone lock down new long-term Formula 1 race deals, the defunct German GP venue at Hockenheim..

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12 Feb 2024

F1’s Iconic Night Race in Singapore Under Scrutiny: What’s Next?

Feb.6 – A dark cloud continues to hang over the future of Formula 1’s original night race in Singapore. In January, we reported..

1 comment | 
6 Feb 2024

Haas F1’s New Start: Can Komatsu Revive the Team’s Fortune?

Feb.5 – Gunther Steiner admits he was fired by Gene Haas because he wanted the billionaire team owner to spend more money on Formula..

2 comments | 
5 Feb 2024

Vettel’s F1 Comeback? Wolff Plays Down Wild Rumors on Open 2025 Mercedes Seat

Feb.5 – Toto Wolff is already fending off the early and wild rumours about who will replace Lewis Hamilton at Mercedes in 2025. One..

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Court Says De Vries to Return Investment and Share F1 Income

Feb.2 – In a significant legal decision dated February 2, 2024, the Amsterdam District Court has resolved a dispute between..

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2 Feb 2024

Cost Concerns Loom as Belgian F1 GP Promoter Seeks Lifeline

Jan.31 – Promoters of the fabled Belgian GP at Spa-Francorchamps may need to pay a lot more to extend its Formula 1 race deal beyond..

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31 Jan 2024

Forbes Says F1 Owner is the World’s Richest Sports Empire

Jan.30 – The company that controls Formula 1’s commercial rights is the most valuable sports empire on earth. That is the..

1 comment | 
30 Jan 2024

Madrid GP’s Ambitious Financial Projections Face Scrutiny by Leading Economist

Jan.30 – A highly-respected Spanish economist has put a dark cloud above the optimistic financial predictions made by organisers of..

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Barcelona Willing to Spend More Money to Rescue F1 Future?

Jan.24 – Barcelona’s city council is open to spending more money if it rescues the embattled Spanish GP. As was predicted, F1..

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24 Jan 2024

Singapore Grand Prix: Corruption Scandal Turns a Night Race into Daylight Drama

Jan.19 – Singapore’s Formula 1 event appears set to survive a corruption scandal that last year engulfed the promoter of the..

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19 Jan 2024

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