F1 money - Page 64

Ferrari will buy out Allison at Lotus

Ferrari looks set to buy out the remainder of former technical director James Allison’s Lotus contract. That is the claim of..

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27 Jul 2013

F1 pays almost no tax

A clever tax arrangement sees formula one pay a tiny amount of tax, it has emerged. Writing in The Independent, leading F1 business..

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25 Jul 2013

Money halting F1 returns says Petrov and Kobayashi

A lack of sponsors are keeping former podium-getters Vitaly Petrov and Kamui Kobayash out of formula one. After losing his Caterham seat..

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23 Jul 2013

Sirotkin: Pay-driver label ‘completely wrong’

Sergey Sirotkin, set to smash the record next year as the youngest ever F1 racer, has hit back at claims he is a “pay driver”...

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Marussia not worried by Russian Sauber deal

Andy Webb, the Marussia team chief executive, insists he is not disappointed F1 rival Sauber landed the major Russian sponsor deal. Reports..

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22 Jul 2013

Sauber’s pockets has ‘Not a cent’

The extent of Sauber’s Russian rescue deal, and the emergence of future team driver Sergey Sirotkin, caught the world of formula one..

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17 Jul 2013

Sauber helped by Russian deal for long-term F1 future

Amid reports the Swiss team is on the brink of collapse, Sauber on Monday announced a Russian tie-up. A day after Peter Sauber confirmed he..

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15 Jul 2013

New funding company launched by Pollock that will help drivers

The F1 team BAR‘s founder Craig Pollock has launched a new company with the aim of funding promising drivers through the motor racing..

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12 Jul 2013

Ecclestone will not buy Nurburgring

Bernie Ecclestone on Sunday performed a swift u-turn, having said earlier he is “thinking about” buying the financially..

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7 Jul 2013

Nurburgring might be bought by Ecclestone

Bernie Ecclestone has revealed he is thinking about securing the future of the Nurburgring‘s formula one race, by buying the..

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6 Jul 2013

F1 Rumours grow on struggling Sauber team future

Having confirmed its financial problems, the rumours about the future of the Swiss team Sauber are now doing the rounds in the Nurburgring..

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Ecclestone: F1 teams would only waste more income

Bernie Ecclestone insists F1 teams would simply waste money if he agreed to up their income. Amid reports only Red Bull, McLaren, Ferrari..

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27 Jun 2013

Lowdon: No level playing field in F1 for Marussia

Marussia is not racing on a “level playing field”, team chief executive Graeme Lowdon has told the Guardian newspaper. It..

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25 Jun 2013

Ecclestone: F1 teams should save money on motor homes

Bernie Ecclestone has hit back at claims costs are too high in formula one, insisting the teams waste too much money. It has been reported..

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17 Jun 2013

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

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