F1 money - Page 52

Williams reveals more than $50m loss

Williams has revealed it recorded a more than $50 million loss in 2014. The Grove team, listed on the Frankfurt stock exchange, enjoyed a..

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27 Apr 2015

Grosjean: Palmer at Lotus to ‘finance team budget’

As Romain Grosjean sat out Friday practice early in Shanghai, he said he understands the financial pressures on F1 teams. Temporarily in..

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10 Apr 2015

Hamilton admits contract saga ‘a pain’

Lewis Hamilton‘s increasingly farcical contract saga looks set to continue. The reigning world champion has been saying for weeks..

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9 Apr 2015

Lotus on pole for Renault buyout

Lotus has reportedly moved into pole position to be taken over by the French manufacturer Renault. Dissatisfied with its current status as..

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8 Apr 2015

Raikkonen invested in Nasr’s career

Felipe Nasr has revealed that Kimi Raikkonen helped to fund his rise to formula one. In the first two grands prix of his career, Brazilian..

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6 Apr 2015

No Hamilton contract news for ‘few more days’

The Malaysian grand prix weekend started and ended without Lewis Hamilton‘s new Mercedes contract being announced. The reigning world..

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29 Mar 2015

Ferrari adds EUR 100m to F1 budget

Ferrari is closing the gap to dominant Mercedes in more ways than one, according to reports. The fabled Maranello marque has made a big..

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28 Mar 2015

Hamilton has signed new Mercedes F1 contract

Lewis Hamilton has now scribbled his name on a new Mercedes contract beyond 2015, according to a Spanish newspaper. After the reigning..

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27 Mar 2015

Hockenheimring denies blame for German GP demise

Hockenheim and Bernie Ecclestone on Wednesday denied responsibility for the demise of the historic German grand prix. The Nurburgring was..

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25 Mar 2015

Lotus slammed for latest ‘bank account development’ driver

 Lotus is once again taking criticism after naming another ‘development driver’. A month ago, the Enstone team signed up..

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Hamilton hopes to sign mega deal this week

Lewis Hamilton has said that he hopes to put pen to paper on a £40 million-a-year deal with Mercedes before the Malaysian Grand Prix this..

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Report: Mercedes offered millions to save German GP

Mercedes offered to help keep the German grand prix alive in 2015. On Friday, the FIA revealed that it has removed the scheduled July 19..

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22 Mar 2015

Alonso crash costs insurers EUR 1.8 million

Fernando Alonso‘s Barcelona testing crash has cost insurers EUR 1.8 million so far. That is the claim of Italy’s specialist La..

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21 Mar 2015

Wolff reveals Hamilton bought Ferrari supercar

Lewis Hamilton has had contact with Ferrari, Mercedes team boss Toto Wolff has admitted. Paddock rumours in Australia suggested that, as he..

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19 Mar 2015

Van der Garde admits ‘F1 dream probably over’

Giedo van der Garde on Wednesday admitted the Sauber legal affair has probably ended his formula one dream. The Dutchman’s..

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18 Mar 2015

Van der Garde camp set to outline Sauber deal

The Giedo van der Garde camp is set to issue details of the compensation package agreed with Sauber. The battle between the Dutch driver..

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Report: EUR 15 million ended van der Garde saga

Dutch media reports on Tuesday said Bernie Ecclestone was involved in negotiations that have ended the Giedo van der Garde saga. The..

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17 Mar 2015

F1 teams late in tyre & hotel payments

Tyres for the 2015 season opener were only released by Pirelli to three teams one day ago, it has emerged. As small teams struggle to..

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12 Mar 2015

Merhi needs a sponsor to keep Manor seat

Roberto Merhi has admitted his new race seat at Manor may be short-lived. F1’s governing body has now confirmed the race number 98..

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11 Mar 2015

Ecclestone: Nurburgring ‘not willing to pay fee’

The fate of the 2015 German grand prix is a simple matter of “the fee”. That is the claim of Bernie Ecclestone, who is set to..

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9 Mar 2015

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