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Ermanno Penthouse 2016

Items about: F1 money

Monaco: Where money rules

Modern Formula 1 travels around the globe, reaches new venues, new crowds and new cultures. From Malaysia to Russia, and Korea to Austin,..

23 May 2016

Report: Force India could halt 2016 car development

May 19 - Force India is reportedly considering halting its car development programme for 2016 in order to focus on preparing for next..

20 May 2016

Ecclestone backs Melbourne's secret F1 fee

May 18 - Bernie Ecclestone has joined the local state government in Australia in refusing to divulge the cost of the annual formula one..

18 May 2016

Fun run with Nico Rosberg + Mercedes F1 team

Nico Rosberg challenged the whole Mercedes AMG PETRONAS Formula One team to a 6km run in support of the The Muscle Help Foundation!  

10 May 2016

Symonds: Rivals' budgets hurting Williams

May 10 - Williams chief Pat Symonds admits the British team is no longer F1's third force. In 2014 and again last year, Williams finished..

10 May 2016

Ex F1 team boss in tax fraud probe

May 9 - The former chief executive of a F1 team is accused of income tax fraud, according to reports in Spain. In 2011, the F1 team HRT or..

9 May 2016

Report: Sauber staff waiting for wages again

May 5 - Sauber's financial struggle rolls on, with the Swiss newspaper Blick reporting that team staff are now waiting for their April..

5 May 2016

Billionaire eyes Russian F1 team

May 4 - A billionaire has admitted he would like to establish a Russian formula one team. In February, as former F1 driver Vitaly Petrov..

5 May 2016

Report reveals Marchionne's incredible income

Apr.28 - The highest paid figure in the F1 paddock is not a driver or a team owner. Publishing a list of Italy's highest paid managers, La..

28 Apr 2016

Russian billionaire completes Nurburgring purchase

Apr.26 - A Russian billionaire is now the full owner of the fabled F1 circuit the Nurburgring. In late 2014, we reported that Viktor..

26 Apr 2016

Haryanto raising F1 backing by text message

Apr.19 - A novel campaign in Indonesia to keep Rio Haryanto on the 2016 grid has been launched. CNN Indonesia reports that the government..

19 Apr 2016

Billionaire not buying into Williams

Apr.14 - Williams has denied speculation a Canadian billionaire could soon buy into the British team. The team's latest development driver..

14 Apr 2016

Reports: Swedish backers rescue Sauber for now

Apr.13 - Sauber has bucked the rumours by travelling to Shanghai this week for the Chinese grand prix. In obvious financial trouble, it was..

13 Apr 2016

Ecclestone likens Ferrari to "The Rolling Stones" of F1

Sports wouldn’t be fun without controversy. Formula 1 had its fair share of controversy over the years. Many players have said and/or..

12 Apr 2016

Boss eyes 'solution' to Sauber financial strife

Apr.8 - Sauber is working hard to find "a lasting solution" to its obvious financial problems, boss and co-owner Monisha Kaltenborn has..

8 Apr 2016

Sauber late with staff payments again

Apr.7 - Sauber has fallen behind once again with its full salary payments to its 300 staff in Switzerland. Boss Monisha Kaltenborn was not..

7 Apr 2016

Lawyer says Rosberg not evading tax

Apr.6 - Nico Rosberg's lawyer has denied claims the Mercedes driver is evading tax. The 2016 championship leader's name was mentioned among..

6 Apr 2016

Reports: Sauber in talks with investors

Apr.6 - Amid Sauber's obvious financial problems early in 2016, new media reports suggest the struggling Swiss team could soon be sold...

6 Apr 2016

Rosberg named in 'Panama Papers' tax evasion leak

Apr.5 - Championship leader Nico Rosberg's name is among hundreds implicated in an enormous global leak of documents known as the 'Panama..

5 Apr 2016

Kaltenborn skips Bahrain amid collapse rumours

Apr.4 - In the early rounds of the 2016 season, Sauber is clinging to mere survival. The Swiss team cleared a high hurdle recently after..

4 Apr 2016

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