F1 money - Page 62

Ecclestone – ‘Two or three teams’ in financial strife

‘Two or three’ teams are facing financial strife, F1 chief executive Bernie Ecclestone has admitted. Told by veteran Swiss..

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23 Sep 2013

Raikkonen unlikely to sit out races over money dispute

Kimi Raikkonen has played down the prospect of sitting out races, after revealing he only chose to leave Lotus because he was not being..

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20 Sep 2013

Villeneuve – Even McLaren falling into ‘pay driver’ trap

Jacques Villeneuve has joined those who rail against the increasing power wielded by so-called ‘pay drivers’ in formula one...

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19 Sep 2013

Sauber cost proposal rejected by Red Bull

Red Bull has rejected a proposal that might have levelled the playing field for F1’s struggling teams. Next year, in-season testing..

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Personnel losses could be coped up With Lotus structure

Lotus has been the victim as more powerful teams waved chequebooks to lure key people. In quick succession, Ferrari has poached..

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Sauber waiting for ‘new sponsor logos’ in 2013

The end of Sauber‘s financial struggles could depend on the new Russian connections paving the way to sponsor deals. Ever since the..

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9 Sep 2013

F1 rumour: Ross Brawn buying Toto Wolff Williams shares

The Monza paddock began to disband late on Sunday amid the swirling rumour that Ross Brawn may be buying into the Williams team. The story..

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8 Sep 2013

Wolff begun selling part of Williams F1 team stake

Toto Wolff on Saturday revealed he has begun to sell his shares in the Williams team. Ever since the Austrian bought into Mercedes and..

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Kaltenborn – Sauber’s rescue deal ‘taking time’

Sauber boss Monisha Kaltenborn has admitted the so-called ‘Russian rescue deal’ has not solved all of the Swiss team’s..

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6 Sep 2013

Frijns departs, more creditors press on Sauber

Long after news of the Swiss team’s ‘Russian rescue deal’, Sauber is still struggling. That is the claim of the Swiss..

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5 Sep 2013

Alonso becomes owner of cycling team

Fernando Alonso is set to become the owner of a professional cycling team. On Sunday, the Ferrari driver sent the..

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2 Sep 2013

Mosley – Todt contributed to F1 teams’ money crisis

Former FIA president Max Mosley on Sunday pointed a finger at his successor Jean Todt, but said Bernie Ecclestone is not to blame for..

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Lotus’s financial strife denied by Lopez

Team owner Gerard Lopez on Saturday played down reports of financial strife at Lotus. Reportedly in debt to the tune of EUR 120 million,..

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25 Aug 2013

Struggling Sauber finally able to pay Hulkenberg

Despite protestations to the contrary, Sauber‘s struggle for survival is not over, according to the latest German-language reports...

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24 Aug 2013

Sirotkin already did seat fitting for 2013 Sauber car

Amid scepticism of the team’s Russian rescue deal, Sergey Sirotkin is in fact already seated at the wheel of a Sauber...

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21 Aug 2013

Ferrari yet to be paid by Sauber

Reports that Sauber‘s Russian rescue deal is on the brink of collapse are persisting. Last week, despite F1’s August slumber,..

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19 Aug 2013

Russian rescue has collapsed denies Sauber

Sauber has hit back at reports its Russian rescue deal has collapsed. German-language reports had said the release of millions in crucial..

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14 Aug 2013

Sauber rescue voted down by Russian entity

After all the ‘Russian rescue deal’ talk, the news about Sauber is now back into a backwards slide. A week ago, amid reports..

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13 Aug 2013

Unpaid staff strike warning denied by Lotus

Lotus has played down reports the Enstone based team is struggling to survive financially amid crippling debts. It was already known that..

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9 Aug 2013

Sauber bailout collapse fears not worth a denial

Leading figures of Sauber‘s Russian rescue deal have played down reports of a delay that means vital money is not yet flowing to the..

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