Alonso still highest paid driver in 2015
Jun.3 – Fernando Alonso remains the highest paid driver in formula one this year. That is the claim of the latest edition of Business..
F1 money - Page 51
Russia GP plays down bankrupt promoter reports
Jun.3 – The Russian grand prix has hit back at reports that its promoter is bankrupt. Early this week, a Russian court declared that..
Carter: Maldonado not ‘untouchable’ despite millions
Jun.3 – Pastor Maldonado‘s millions do not guarantee his place on the grid. That is the claim of Lotus chief executive Matthew..
Report: F1 more lucrative than World Cup
Jun.3 – F1 has been more lucrative than the FIFA World Cup in the past fifteen years. That is the finding of F1 business journalist..
Report: Canada GP partly for sale
Jun.2 – The Canadian grand prix is partly for sale, the Montreal daily La Presse reports. The newspaper said promoter Francois..
German broadcaster wants F1 to improve
Jun.1 – RTL, F1’s free-to-air broadcaster in Germany, wants the sport to improve. We reported last week that, with the..
Mosley: Huge driver salaries ‘absurd’
Jun.1 – F1 teams should have less money to squander on “absurd” driver salaries. That is the view of former FIA president..
New Barcelona mayor says F1 funding ‘not priority’
May 28 – The Spanish grand prix might be losing the backing of the city of Barcelona. At the Circuit de Catalunya‘s latest F1..
Prost: Hamilton contract a blow for Rosberg
May 22 – Lewis Hamilton‘s new contract is a psychological blow to Nico Rosberg. That is the view of F1 legend Alain Prost...
Ecclestone faces $1.6 billion tax bill
May 22 – British tax authorities have resumed a $1.6 billion pursuit of F1 supremo Bernie Ecclestone. Bloomberg reports that the..
Lauda: Hamilton ‘deserves’ his millions
May 21 – Lewis Hamilton deserves what he will earn under the terms of his new Mercedes contract. That is the opinion of Niki Lauda,..
Hamilton signs new deal
World champion Lewis Hamilton has penned a new three-year contract with Mercedes. The 30-year-old’s current deal was due to expire at the..
Secret F1 income payment system leaked
May 14 – Ahead of a crucial meeting about F1’s future on Thursday, the inequality of the sport’s secret payments system..
Briatore facing jail over tax fraud
May 13 – Flavio Briatore could face four years in jail over alleged tax fraud. Five years ago, Italian police seized the former..
Barcelona chief: Ecclestone ‘always has upper hand’
May 11 – Race chief Sebastia Salvado says his “worst memory” in the quarter-century history of the Spanish grand prix at..
Lotus warn Maldonado he must prove himself
Lotus has told Pastor Maldonado that he must prove himself to be worthy of a Formula 1 drive, and not rely on his wealthy sponsors...
Lopez urges team support for ‘viable future’
Gerard Lopez, the Lotus F1 team owner, has urged other formula one outfits to “stand together” to make the sport more..
Sauber says Mosley’s budget cap ‘good idea’
Sauber has backed former FIA president Max Mosley’s renewed call for a budget cap in formula one. Earlier this week, ahead of the..
Williams spent $3m on staff bonuses last year
Williams spent $3 million on bonuses to its staff at the end of last year, British newspapers report. The news follows hot on the heels of..
Mosley proposes budget cap with rules freedom
Max Mosley has urged F1 teams to rethink the idea of a budget cap — with an added twist. In 2015, the issue of spiralling and..
