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..
F1 money - Page 67
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..
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..
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..
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..
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..
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..
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..
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..
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..
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..
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..
Ecclestone not worried by worsening bribery scandal
Bernie Ecclestone has confirmed reports that BayernLB – claiming the damages amid the Gerhard Gribkowsky bribery scandal – has..
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..
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..
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..
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..
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...
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..
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..
