F1 money - Page 64

Kaltenborn: Bigger budget would ease Sauber crisis

A bigger budget would help Sauber to emerge from its competitive crisis, team boss Monisha Kaltenborn has admitted. The grey C32s were off..

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12 Jun 2013

Mallya: Big spenders pushing out smaller F1 teams

Force India team owner Vijay Mallya has backed his deputy in claiming F1’s biggest teams are pushing their small rivals out of the..

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29 May 2013

Money and driver trouble for Lotus F1 team

Lotus has recorded the biggest financial loss in motor racing history, according to F1 business journalist Christian Sylt. A report in the..

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27 May 2013

Force India boss: Most F1 teams struggle to survive

Bob Fernley, Force India’s deputy boss, has admitted the Silverstone based team is in danger of being swallowed up by F1’s..

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26 May 2013

Mercedes clarifies Hamilton Monaco jet-ski incident

Mercedes on Thursday hit back at reports Lewis Hamilton racked up a huge damage bill after a jet-skiing stunt in Monaco. A Swiss newspaper..

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23 May 2013

Fernando Alonso third on global sports earners list

Fernando Alonso is the third-highest ‘international’ sports earner on earth, according to the influential US magazine Sports..

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16 May 2013

Ecclestone to meet Renault chairman about V6 F1 engines

Bernie Ecclestone will meet with Renault chairman Carlos Ghosn in Paris on Thursday, according to Germany’s specialist Auto Motor und..

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15 May 2013

Lotus F1 sold team stake to investor

F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor. Writing in the Telegraph, F1 business journalist..

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13 May 2013

Ecclestone: F1 puts money into New Jersey F1 GP

F1 has invested financially in the project to put the sport amid the fabled New York skyline. Amid suggestions the already delayed New..

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12 May 2013

Toto Wolff also looked into buying Toro Rosso F1 team

Toto Wolff turned down Dietrich Mateschitz when the Red Bull magnate offered to sell him Toro Rosso. Wolff, who subsequently bought into..

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10 May 2013

F1 driver salary Hamilton catches up with Alonso’s

Lewis Hamilton has caught up with Fernando Alonso as F1’s highest earner. According to Business Book GP 2013, Briton Hamilton F1..

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8 May 2013

Williams F1 clarifies reports of financial loss

Williams has played down reports it suffered a financial loss last year, insisting instead that it is gearing up to expand. Listed on the..

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4 May 2013

Ecclestone: Only top ten F1 teams to be paid

The team that finishes last will no longer receive any formula one income, Bernie Ecclestone has revealed. Marussia officials have been..

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29 Apr 2013

British bank sells Marussia F1 team stake

Lloyds, the part government-owned British bank, has sold its stake in the F1 team Marussia. F1 business journalist Christian Sylt said the..

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22 Apr 2013

Nurburgring rescue deal for one F1 race only

The future of the Nurburgring’s formula one race beyond this season is unclear. Earlier, even the circuit’s 2013 grand prix was..

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16 Apr 2013

Hamilton: McLaren offered more money for 2013 F1 season

Lewis Hamilton claims McLaren offered him more money than Mercedes for 2013. Ultimately, the 2008 world champion opted to switch camps,..

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18 Mar 2013

Maldonado uncertain Venezuela backing will keep flowing

Pastor Maldonado has admitted he cannot be certain his F1 career will continue long after the death of Venezuelan president Hugo Chavez...

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15 Mar 2013

Raikkonen denies he races only for money

Kimi Raikkonen has hit back at claims only money motivates him to keep racing in formula one. After a two-year hiatus in world rallying in..

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Bob Fernley: F1 owner CVC is milking money

Force India has lashed out at F1’s owner CVC, accusing the private equity firm of not being interested in developing the sport. The..

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14 Mar 2013

John Watson: McLaren chose money over talent for 2013 F1 season

John Watson has accused his former team McLaren of effectively hiring a pay-driver to replace Lewis Hamilton in 2013. Ulsterman Watson, a..

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12 Mar 2013

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