F1 money - Page 67

Force India Boss Mallya hits back at media hostility at home GP

Vijay Mallya was not in a good mood when he was swamped by Indian media at his home grand prix. The Indian billionaire had been branded an..

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28 Oct 2012

Ecclestone wants to introduce F1 budget cap

Bernie Ecclestone has admitted he is pushing to introduce a ‘budget cap’ in formula one. Reports indicate the F1 supremo..

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Horner not worried about Red Bull Racing’s spending

Christian Horner insists he is “very comfortable” with Red Bull’s stance regarding costs in formula one. It is believed..

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27 Oct 2012

Raikkonen admits Lotus F1 budget held team back

Lotus’ budget has held Lotus back in the second half of 2012, Kimi Raikkonen has admitted. Still a mathematical contender for the..

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Good and bad news for Force India Boss Vijay Mallya

Vijay Mallya, the owner and boss of the Force India team, had good and bad news on Thursday. The good news was that embarrassing protests..

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26 Oct 2012

Ecclestone not worried by worsening bribery scandal

Bernie Ecclestone has confirmed reports that BayernLB – claiming the damages amid the Gerhard Gribkowsky bribery scandal – has..

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Bank claims $400 million on Ecclestones account

The German bank BayernLB wants Bernie Ecclestone to repay US $400 million, the Suddeutsche Zeitung newspaper reports on Thursday. The bank..

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25 Oct 2012

Ex-sponsor of Sauber & Lauda jailed

Former Niki Lauda and Sauber sponsor Money Service Group’s founder Michael Seidl has been sentenced to jail for nine years. Last..

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24 Oct 2012

Ex-CART boss: F1 onwers have to sit tight during F1 corruption scandal

Former motor racing chief Andrew Craig has tipped F1’s owners to “sit tight” rather than float the sport while Bernie..

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Di Resta swerves Mallya’s Kingfisher crisis

Paul di Resta has swerved around a question about his Force India boss Vijay Mallya’s financial problems. Earlier facing arrest for..

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23 Oct 2012

Mallya will be confronted by unpaid staff at 2012 India F1 GP

No longer facing arrest over bounced cheques, Force India chief Vijay Mallya could still endure a trying race weekend in his native India...

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22 Oct 2012

Cosworth F1 engine maker for sale

After having lost its best F1 customers Williams and Caterham, in recent months it has been discussed as an open secret in the grand prix..

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17 Oct 2012

Force India plays down problem Mallya

Bob Fernley has played down his boss Vijay Mallya’s latest problems. Already grappling with his ailing airline Kingfisher, Force..

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14 Oct 2012

Relief for Maldonado as Chavez gets re-elected in Venezuela

F1 insiders had a keen eye on Venezuela’s presidential election on Sunday. The sport’s main focus was, of course, in Japan,..

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8 Oct 2012

Force India boss Mallya grounds Indian airline

Vijay Mallya is enduring a troubled run into this weekend’s Japanese grand prix. International media reports say the Force India..

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3 Oct 2012

Greek goverment will subsidize F1 track

Greece has set aside almost EUR 30 million to subsidize the construction of a formula one circuit, the country’s development ministry..

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2 Oct 2012

Report: Bank wants Ecclestone’s bribe millions back

Sep.25 (GMM) Jailed Gerhard Gribkowsky may not have made headlines for some time, but the F1 corruption scandal is still making trouble..

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25 Sep 2012

F1 Rumour: McLaren offers Hamilton more money to stay

Sep.25 (GMM) McLaren has slightly upped its monetary offer in a late bid to secure Lewis Hamilton's services for 2013, according to..

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Williams reveals ‘one-off’ Ecclestone payment

Sep.11 (GMM) Williams has provided an interesting insight into the sport's Concorde Agreement negotiations so far.Most teams have now..

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11 Sep 2012

Santander extends Ferrari deal

The Spanish bank Santander has extended its sponsorship deal with Ferrari through 2017. Fernando Alonso’s Ferrari deal also runs for..

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9 Sep 2012

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