Tag: financial

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Where is F1’s social justice?

According to Sauber's team boss, Monisha Kaltenborn, the Formula 1 system is flawed at the core and this is the reason it is struggling....

Silverstone records biggest circuit loss in F1 history

Marussia’s financial position was exposed to the light of day this week and it was glimpse of the impact the global economy is having...

Webber warns of pay-drivers, bad events…like Korean GP

Red Bull driver Mark Webber is on his farewell tour this year as the 12-season veteran is calling it quits in Formula 1. Webber...

Raikkonen left over money, is there money left for Raikkonen’s?

So it was money. The lack of, to be exact. Lotus F1 have been rumored to be struggling with cash and the sale of...

Sauber struggles, won’t prevent Hulkenberg exit

Things aren't looking financially sound at Sauber and rumor has it that the team are working diligently toward a sponsorship deal to find the...

Sauber in turmoil

We covered this ground before but the recent departure of chief designer Matt Morris from Sauber has me concerned about the replacement and what...

Ah…maybe that’s why Williams joined Formula E

We reported earlier this week that Williams was dipping its toe into the lukewarm waters of Formula E. It's a nice move and they...

Symonds: All but 4 teams are hurting

Marussia designer Pat Symonds has addressed the recent concerns over the prize money payout as only the top 10 team will receive any compensation for the...

Who needs a Concorde Agreement? We have a ‘Bernie Agreement’

We don't need no stinking Concorde Agreement...or at least that's what Formula One boss Bernie Ecclestone told Mr. Sylt. It's an interesting twist as...

Ferrari holds firm in world economic crisis

In a difficult economy, Ferrari seems to be holding its own. This according to the Italian luxury sports car maker at its board...

The real reason manufacturers left F1

An interesting read at the Telegraph by Christian Sylt and Caroline Reid regarding the reason car manufacturers left F1. Doing their digging through...

Ecclestone: F1 fairing crisis well

F1 boss Bernie Ecclestone says that the current global financial crisis hasn't impacted F1 as much as he originally expected it to. Judging...