F1 money - Page 63

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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Kaltenborn admits Russian rescue deal has delay

Monisha Kaltenborn has admitted Sauber‘s Russian rescue deal is facing delays. Despite reports of an enormous investment in the..

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8 Aug 2013

Lotus struggling because of debt

Troubling signs of financial weakness are emerging from Lotus. The authoritative German website motorsport-total.com reports that, although..

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6 Aug 2013

Kaltenborn: Sauber ‘never close to bankruptcy’

Monisha Kaltenborn has denied Sauber was ever close to “bankruptcy”. Having admitted it was having trouble paying increasingly..

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2 Aug 2013

Force India also seem to owe Hulkenberg money

According to Blick newspaper, Sauber is not the only formula one team that owes Nico Hulkenberg money. Veteran correspondent Roger Benoit..

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29 Jul 2013

Raikkonen: Late Lotus payments not ideal

  Kimi Raikkonen has admitted he is still waiting on some money from Lotus. “There is some problem,” the 2007 world..

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28 Jul 2013

Questions mount over Sauber’s Russian saviours

The Russian deal was hailed as Sauber‘s saviour, but rumours persist that the Swiss team is not yet out of the woods. Reports spoke..

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