F1 money - Page 67

F1 Report: Lotus waiting to pay staff & Raikkonen

Rumours about ‘financial difficulty’ for the Lotus F1 team are continuing. Early this week, it was claimed Kimi..

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21 Nov 2012

Red Bull Racing left Austin F1 without buying Vettel’s cowboy boots

Reigning world champions Red Bull left Austin without paying a bill for his boots. Germany’s Bild newspaper reports that, prior to..

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Mercedes takes full control of F1 team

Mercedes-Benz has taken back total control of its formula one team by buying the 40 per cent stake held by Aabar, the Abu Dhabi investment..

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20 Nov 2012

Company files $650m lawsuit against F1

A company has filed a $650 million lawsuit against formula one. Bluewaters Communications Holdings claims it was the high bidder to buy the..

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No decision yet over Ecclestone bribery charge

Contrary to the latest media speculation, German prosecutors have not yet decided to charge Bernie Ecclestone with bribery. The German news..

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19 Nov 2012

HRT drivers deny car unsafe for last races

Pedro de la Rosa on Thursday denied there are fears his HRT car is unsafe. Amid the struggling Spanish team’s push for survival, it..

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16 Nov 2012

Mercedes Boss denies approving F1 team budget boost

Dieter Zetsche, the chairman of Mercedes’ parent Daimler, has denied reports he has approved an increase in the F1 team’s..

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15 Nov 2012

F1 report: HRT wants EUR 40m for dying F1 team

The current owners are seeking EUR 40 million for the struggling backmarker HRT, according to the Spanish sports daily AS. The newspaper..

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14 Nov 2012

Red Bull Racing to wrap up third F1 constructor championship title

Red Bull is on the brink of wrapping up the 2012 constructors’ championship. The 2010 and 2011 title winners – whose German..

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McLaren F1 thinks Mercedes offered Hamilton a bit more money

McLaren Team principal Martin Whitmarsh says he suspects Lewis Hamilton already regrets accepting a bigger-money offer to switch to..

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10 Nov 2012

2013 Drivers to pay more for Formula 1 super license

The cost of a formula one driver’s mandatory FIA ‘super license’ is going up, the Times newspaper reports. It emerged in..

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6 Nov 2012

Ecclestone to pay budget cap whistle-blowers

Bernie Ecclestone has an innovative idea to police his F1 budget cap. Some top teams are not keen on the proposal to cap their total annual..

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3 Nov 2012

Abu Dhabi investor to revive 2013 French F1 GP?

Arab investors could be the key to France’s return to formula one, according to L’Equipe. The sports daily said Alain Prost and..

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2 Nov 2012

Marussia in ‘talks’ after recording big loss

Marussia is in “talks with potential investors” after recording a $79 million loss last year, the business journalist Christian..

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1 Nov 2012

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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