Tag: debt

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F1 News

Lotus F1 secures Saxo Bank, 2014 budget

Lotus F1 revealed last week that the team was €100 million in debt but today’s news may help toward alleviating some of that pressure...
F1 News

Circuit of the Americas gets new investor

If you were to put your finger on the Tilke track that you like most, I suspect you would find that the Circuit of...
F1 News

Now a Canadian pension fund invests in F1, MotoGP

The Canada Pension Plan Investment Board (CPPIB) has officially announced that it has acquired a 39% stake in DORNA which operates the MotoGP events and the...
F1 News

F1 has new owners, $9 billion value

Reports today suggest that Formula One has taken a step closer to its planned flotation in June with the acquisition of $1.6 billion by...
Top Story

Economic Meltdown=Ecclestone Pay Raise!

I know...it's an older story but with everything coming unhinged at Renault, I haven't had time to share the good news with you. ...
F1 News

Will FIF1 debt see Fisi to Ferrari?

Force India boss Vijay Mallya says no one has called him about Giancarlo Fisichella moving to Ferrari to replace under-performing test-driver Luca Badoer for...
F1 News

Donington Park says all is well

So the Daily Mail said that Donington Ventures Leisure Ltd had filed its annual report at Companies House showing a loss of £12.4million last...
F1 News

Teams angry over CVC debt load

An interesting article over at the Guardian has an outline of just how much debt was assigned to Delta3, the venture capital group that...

"You can't take F1 to America, you have to take America to F1."

Negative Camber

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