F1 money - Page 53

Hamilton in ‘final stages’ of contract talks

As he touched down in Australia to begin his title defence, Lewis Hamilton admitted he is close to agreeing a deal to stay at Mercedes..

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8 Mar 2015

Ecclestone admits EUR 15m ‘plan B’ for small teams

Bernie Ecclestone has admitted he devised a contingency plan for F1’s most struggling teams. Earlier, amid Marussia and..

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Politics stops Monza Grand Prix rescue bid

A cloud hanging over the future of Monza’s iconic Italian grand prix is growing darker. The latest ominous development is on the..

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5 Mar 2015

F4 season costing Mick Schu ‘100,000 euros’

Mick Schumacher’s move into single seater racing is costing EUR 100,000 euros. That is the claim of the major German daily Bild,..

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Manor heads for Melbourne with $92m budget

Mar.5- Set to race as ‘Manor Marussia’, the backmarker almost collapsed but will return with a $92 million budget in 2015, it..

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Manor confirm they will race in Australia

Manor has confirmed that they will be ready to race at next week’s season-opening Australia Grand Prix. The team, formerly known as..

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4 Mar 2015

Ecclestone ends ‘cash flow crisis’ for small teams

Amid alarming claims multiple teams are gripped by a ‘cash flow crisis’, Bernie Ecclestone has reportedly responded. We..

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2 Mar 2015

Teams warn Ecclestone of ‘cash flow crisis’

Two weeks before the 2015 F1 season begins, the shape of the grid remains unclear. And that is not just because the backmarker..

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1 Mar 2015

Wolff: Report of $231m deal for Hamilton ‘like satire’

Toto Wolff has scoffed at a media report purporting to know the dizzying value of Lewis Hamilton‘s next Mercedes contract. Although..

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28 Feb 2015

Schumacher ‘sells’ holiday home

Michael Schumacher has sold his Norwegian holiday home for £2m, according to reports. The seven-time champion is recovering from a ski..

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27 Feb 2015

Caterham assets auctions set to go ahead

While Marussia pushes hard to return in 2015 as Manor, another ailing backmarker appears to have reached the end of the line. Early in..

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Wolff sells more of Williams stake

Toto Wolff has offloaded more of his stake in the Williams F1 team. Ever since the Austrian bought into Mercedes early in 2013 and began..

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25 Feb 2015

Cloud still hangs over Monza circuit

A cloud continues to hang over the future of the iconic Italian grand prix. Last year, Bernie Ecclestone warned that because the current..

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Arrivabene denies Gutierrez is Ferrari ‘pay driver’

Ferrari has denied that even the great Italian team is now heading down the ‘pay driver’ road. Outspoken former F1 driver Mark..

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Nurburgring says German GP cannot afford Ecclestone fees

A deal to keep the German grand prix on this year’s F1 calendar still has not been struck. The Nurburgring was scheduled to return in..

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Manor F1 ‘agree’ Ferrari deal

Manor Formula 1 team has agreed a deal that will see them use Ferrari’s 2014 engines this season. Manor, formerly known as Marussia,..

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20 Feb 2015

Dennis defends opposition to FIA cost-cutting

Ron Dennis has defended his opposition to centralised cost-cutting in formula one. After Tuesday’s meeting of the F1 Commission in..

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19 Feb 2015

Gribkowsky hands over ‘bribe’ to German bank

Gerhard Gribkowsky has handed over more than a quarter of the $44 million alleged ‘bribe’ he was paid by F1 supremo Bernie..

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Report: FIA study shows F1 costs could be halved

A study commissioned by the FIA reportedly shows that costs in formula one could be halved without hurting the ‘show’. With..

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17 Feb 2015

Force India in trouble as 2015 car fails to make Barce test

Serious doubts have emerged over whether Force India will be ready to start the new season, after they confirmed that their new car will..

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13 Feb 2015

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