F1 money - Page 62

Petrov knocking on Sauber’s door with EUR 30 million

Vitaly Petrov has emerged as a shock contender to return to F1 with Sauber in 2014. Germany’s Auto Motor und Sport said the Russian,..

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25 Oct 2013

Indian F1 GP to be cancelled by Indian court?

An Indian court will on Friday hear a petition to cancel this weekend’s formula one race near New Delhi. Indian reports say a supreme..

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Williams could be Van der Garde’s F1 future

Caterham driver Giedo van der Garde‘s future father-in-law is considering buying into the Williams team. That is the claim of the..

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16 Oct 2013

Boullier: Raikkonen probably F1 driver with highest salary

Lotus team boss Eric Boullier says it is “likely” Kimi Raikkonen is departing as the highest paid driver in formula one. When..

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13 Oct 2013

Lotus waiting until it can afford Hulkenberg?

Nico Hulkenberg is at the front of queue for 2014 so long as Lotus “can afford him”, team boss Eric Boullier admitted on..

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11 Oct 2013

Mika Salo been in custody for tax fraud

F1 driver turned commentator Mika Salo spent two days in custody at the end of last month, the Finnish newspaper Suomen Kuvalehti reports...

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6 Oct 2013

Price for new Russian F1 circuit almost doubled

The final cost of the project to bring formula one to Russia was massively higher than first estimated. The Russian business daily..

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30 Sep 2013

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

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