F1 money - Page 61

Kamui Kobayashi racing at Caterham F1 for free

In a last-ditch effort to move up the grid, Caterham overlooked some of the most lucrative ‘pay drivers’ for the 2014 season...

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22 Jan 2014

Quantum chief says Lotus buy-in deal not dead

Mansoor Ijaz, the man behind Lotus‘ delayed buy-in by the Quantum group, insists the deal is not dead. Lotus team owner Gerard Lopez..

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21 Jan 2014

Hungaroring needs 3 million for upgrades

The Hungaroring needs an urgent cash injection of more than 3 million euros. That is the claim of the Budapest track’s boss Zsolt..

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19 Jan 2014

GP2 champion’s sponsor says F1 system is sick

Even with millions in backing, new GP2 champion Fabio Leimer has been priced out of formula one. Until now, the 24-year-old Swiss has been..

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Ecclestone facing German court & bids for Nurburgring

Bernie Ecclestone looks set for a challenging 2014, as German prosecutors prepare to send him to court to face criminal bribery charges...

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16 Jan 2014

Lotus Owner plays down collapse rumours

Lotus owner Gerard Lopez has moved to allay fears the Enstone based team is on the verge of collapse. When the FIA issued the official 2014..

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15 Jan 2014

Departing Valsecchi received no payment from Lotus in 2013

As fears about Lotus’ health grow, 2013 reserve driver Davide Valsecchi has revealed he has not yet been paid by the Enstone based..

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14 Jan 2014

2014 FW36 car for Jerez debut prepared by Williams

Williams has become the latest team to confirm it will be on track as crucial preparations for the 2014 season begin in two weeks at Jerez...

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Marussia & Lotus hit back at 2014 doubts

Marussia has hit back at suggestions it might be in dire health. The backmarker team’s place on the newly-released official 2014..

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13 Jan 2014

Lotus F1: Most teams are struggling to survive

Gerard Lopez, the owner of the Lotus outfit, believes the vast majority of the teams in formula one are struggling financially...

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24 Dec 2013

Lotus still in debt with Raikkonen

Kimi Raikkonen has still not received all of the money he is owed by Lotus. Towards the end of the season, and just before he set off for..

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18 Dec 2013

New group of investors visit Sauber’s Hinwil HQ

Sauber is still scrambling to secure its future, according to the latest reports. The Swiss team has now announced that Adrian Sutil is..

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16 Dec 2013

Ecclestone to wait weeks for court verdict

2014 looks set to be a key year in the history of F1 supremo Bernie Ecclestone. He is already waiting to hear if German prosecutors will..

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Ecclestone to be sued by bank for $400m

Another front has opened up amid Bernie Ecclestone‘s legal woes, as it emerges the state Munich bank BayernLB plans to sue the eF1..

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12 Dec 2013

Hamilton’s Father and former manager admits his was paid

Lewis Hamilton‘s father and former manager has admitted he actually was paid by the 2008 world champion. Last week, as Anthony..

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10 Dec 2013

Lotus admits they need Maldonado’s millions

Lotus has admitted for the first time that Pastor Maldonado will boost the Enstone based team’s coffers in 2014. Earlier, Venezuelan..

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6 Dec 2013

Schumacher : F1’s financial situation ‘alarming’

F1 legend Michael Schumacher has admitted he is worried about the sport’s financial health. As teams prepare for the even more..

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29 Nov 2013

For Caterham finishing last is not knockout blow

Caterham‘s future remains on track, despite the blow of finishing the 2013 constructors’ championship dead last. Since debuting..

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27 Nov 2013

Ferrari – Reports of biggest F1 budget ‘fantasy’

Ferrari has hit back at reports in a famous British magazine that its budget is the highest in formula one. Autosport said Ferrari’s..

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Offer to buy embattled Nurburgring rejected

One step forward, and one step back: the German automobile club ADAC is no longer in the running to buy the embattled Nurburgring. We..

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22 Nov 2013

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