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Items about: F1 money

UBS reducing it’s F1 sponsorship

Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services company entered F1 in 2010..

September 1, 2014

Ecclestone: Departed backers ended New York F1 race hopes

Plans for a New York street race were foiled by financial backers that pulled out, Bernie Ecclestone has revealed. A second American grand..

August 29, 2014

Ecclestone still fighting with German bank

Bernie Ecclestone remains at legal loggerheads with the Munich state bank BayernLB. When the sport’s supremo controversially yet..

August 26, 2014

Ecclestone returns to F1′s executive board

Bernie Ecclestone has returned to the executive board of F1′s parent company. Although he remained F1 chief executive, the..

August 24, 2014

Chilton fumbles as F1′s next ‘pay-drivers’ line up

He didn’t want to say the words, but Max Chilton insists a Marussia kerfuffle in Belgium should not be interpreted as a simple..

August 23, 2014

Bank ‘not closed’ to higher Ecclestone settlement

  Bernie Ecclestone looks set for new settlement talks. After he ended his criminal troubles in Germany recently with a controversial..

August 22, 2014

Lawyer: Ecclestone settled case for good of F1

  Bernie Ecclestone ended his bribery trial with a record $100 million payment for the good of formula one. That is the claim of the..

August 21, 2014

New Nurburgring owner misses payment due date

The Nurburgring‘s sale has hit a fork in the road. In March, the financially embattled German grand prix host was bought for a..

August 21, 2014

Lopez hits back at Genii financial reports

Gerard Lopez has lashed back at reports suggesting Lotus F1 team owner Genii is in dire financial health. The Luxembourg newspaper..

August 18, 2014

Ecclestone holidays after paying $100m settlement

Bernie Ecclestone‘s bribery trial and charges have been officially dropped, after the F1 supremo lodged his controversial $100..

August 14, 2014

Bank rejects Ecclestone’s compensation offer

Bernie Ecclestone‘s legal troubles are not yet over. Before he ended his corruption trial in Munich by agreeing to pay $100 million..

August 11, 2014

German charity ‘surprised’ by $1m Ecclestone payment

Officials of a German children’s charity were completely surprised when it emerged Bernie Ecclestone would pay them $1 million. The..

August 7, 2014

Alonso wants to earn $50m a year?

Multiple authoritative media sources claim Fernando Alonso wants almost $50 million a year to sign a new contract with Ferrari. Amid his..

August 6, 2014

Judge ends Ecclestone trial after $100m deal

Bernie Ecclestone walked out of court on Tuesday with the corruption scandal that threatened to end his F1 reign and leave him in jail..

August 5, 2014

Mallya granted bail on tax case in India

Although the meeting was ultimately cancelled, it was expected that one of the touted ‘popularity working group’ protagonists..

August 1, 2014

Lotus F1 owner’s losses & debts continue to worsen

Alarming news about the financial health of Lotus F1 team owner Gerard Lopez has emerged. Together with Eric Lux, fellow Luxembourger Lopez..

August 1, 2014

Hamilton angling for new EUR 90m contract

Lewis Hamilton is angling for a pay-rise at Mercedes, the major German newspaper Bild-Zeitung reports. The big ‘silly season’..

July 28, 2014

Ecclestone plays down F1 buy-back reports

Bernie Ecclestone has played down suggestions he is set to buy back formula one. F1 business journalist Christian Sylt claims the..

July 20, 2014

Haas paid ‘$20m deposit’ for F1 team entry

Gene Haas proved his seriousness about entering formula one by paying a $20 million deposit. That is the claim of F1 business journalist..

July 17, 2014

Kolles denies Caterham F1 owner speculation

Caterham is the latest hotbed of formula one rumours. Because the true identity of the team’s new owners has not been disclosed,..

July 8, 2014

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