Change mode menu

Latest F1 news about: Financial

6

Formula 1 achieves revenue of over $500 million in first quarter 2024

10 days 18 hours ago

from: F1Technical.net

( 173 views )

Formula 1 has started the current season very strongly in financial terms as the first quarter of 2024 saw the sport achieve 45% increase in revenue compared to the same period... read more »

35

Andretti dealt huge blow in bid to join F1

15 days 9 hours ago

from: GPfans.com

( 555 views )

Andretti have been faced with several significant challenges in their bid to enter Formula 1 - and they could be handed a huge financial blow if they want to join the grid. read more »

15

Ford not concerned about Red Bull F1 engine experience deficit

28 days 19 hours ago

from: MotorSportWeek.com

( 532 views )

Ford isn’t concerned with the experience deficit it and partner Red Bull boasts compared to other Formula 1 engine manufacturers as it works towards the 2026 rules. The... read more »

9

Audi financial power displayed as Nico Hulkenberg pay-rise claim emerges

about 1 month ago

from: Crash.Net

( 435 views )

Nico Hulkenberg's salary increase from Haas to Sauber has been revealed read more »

35

F1 team boss responds to Red Bull's Marko 'offer' claims

about 1 month ago

from: GPfans.com

( 259 views )

Audi Formula 1 boss Andreas Seidl has admitted that the team have the financial power to attract the best driving talent to their lineup, but disagreed with a comment made by... read more »

15

Seidl: Audi not aiming to entice F1 drivers with cash amid Sainz rumours

about 1 month ago

from: MotorSportWeek.com

( 296 views )

Sauber Formula 1 CEO Andreas Seidl has said Audi is not aiming to entice drivers through financial means amid rumours Carlos Sainz is mulling a sizeable proposal. Audi is... read more »

15

Mercedes F1 report over £500m turnover for 2023

about 1 month ago

from: MotorSportWeek.com

( 223 views )

The Mercedes Formula 1 team suffered its first winless season since 2011 last term but off-track, there are reasons for the Brackley-based outfit to be positive as parent... read more »

1

How Liberty's Las Vegas F1 gamble paid off

2 months ago

from: Autosport.com

( 404 views )

Liberty convinced local authorities and major casinos to back the project and allow the city to be closed down, and for the first time the organisation also served as promoter... read more »

15

Brown reckons F1 teams worth 'well north' of £1 billion

3 months ago

from: MotorSportWeek.com

( 362 views )

McLaren Chief Executive Officer Zak Brown claims that all 10 teams on the 2024 Formula 1 grid are “well north” of a £1 billion valuation. Brown gave this and other insights... read more »

35

Bahrain's Mumtalakat seeks exit: McLaren up for sale after mounting losses

3 months ago

from: GPfans.com

( 351 views )

After years of financial struggles, Bahrain's Mumtalakat is looking to sell its stake in the iconic British car manufacturer McLaren. read more »

1

Five times new Formula 1 cars delivered shocks

4 months ago

from: Autosport.com

( 327 views )

The double diffuser Brawn BGP 001 2009 double diffuser detail viewPhoto by: Giorgio PiolaFirstly, let's wind it back to 2009, a turbulent period which had seen Honda quit... read more »

15

F1 budget cap poses question over Newey’s Red Bull future

5 months ago

from: MotorSportWeek.com

( 363 views )

Red Bull is reportedly considering a shift in focus for Chief Technical Officer Adrian Newey amid the financial constraints imposed by Formula 1’s budget cap. In an attempt to... read more »

9

New Norris deal may exceed $15m as "one hundred million" transfer worth touted

5 months ago

from: Crash.Net

( 350 views )

McLaren insist they have the financial firepower to pay Lando Norris the type of big-money deal to keep him long-term. read more »

1

Prazer takes commercial reins at F1 in new role

5 months ago

from: Autosport.com

( 818 views )

Prazer also holds a similar title for the F1-run Las Vegas GP, having been a key player in the development of the street event ahead of last year's inaugural race.She will... read more »

15

Sauber to add more F1 recruits ahead of 2026 Audi takeover

6 months ago

from: MotorSportWeek.com

( 546 views )

Sauber Team Representative Alessandro Alunni Bravi has stated the team will continue to add Formula 1 personnel ahead of the planned Audi takeover in 2026. Following BMW’s sale... read more »

15

Alonso wished he’d worked with ‘legend of the sport’ Newey

6 months ago

from: MotorSportWeek.com

( 409 views )

Fernando Alonso has expressed regret that he’s never had the chance to work with Formula 1 design maestro Adrian Newey, who he describes as a “legend of the sport”. Newey, who... read more »

1

F1's cost cap makes fightbacks more "painful", says FIA

6 months ago

from: Autosport.com

( 487 views )

Since 2021, F1 teams have had to operate under a budget cap limit which was introduced to put grand prix racing on a more stable financial platform.The evidence of the past few... read more »

1

Sauber recruitment drive will continue ahead of Audi F1 entry

6 months ago

from: Autosport.com

( 521 views )

After a financial squeeze led to downsizing, the team employed just 220 people prior to the takeover by Finn Rausing in 2017.With new investment in place, the team grew in... read more »

15

FIA reiterates claims of financial deficit amid Todt comments

6 months ago

from: MotorSportWeek.com

( 566 views )

The FIA has reiterated its stance on the governing body’s financial situation after former President Jean Todt dismissed claims of a monetary deficit. Todt was adamant in his... read more »

15

Todt responds to Ben Sulayem’s claims of FIA financial deficit

6 months ago

from: MotorSportWeek.com

( 324 views )

Former FIA President Jean Todt has responded to claims made by current President Mohammed Ben Sulayem that he left the FIA with a financial deficit at the end of his tenure.... read more »

1

FIA opens up on "unsustainable" financial deficit it has been fighting to cut

6 months ago

from: Autosport.com

( 393 views )

Todt spoke to L'Equipe this week and took aim at comments from current president Mohammed Ben Sulayem, who has repeatedly said he inherited a tricky financial deficit when... read more »

1

Todt hits back at Ben Sulayem's criticisms of his FIA leadership

6 months ago

from: Autosport.com

( 819 views )

Ben Sulayem took over from Todt at the end of 2021, and has pointed out several times that one of the biggest headaches he has had to deal with was a deficit that he inherited... read more »

6

New cooling scoop, modified schedule and tweaked floor - FIA confirms rule changes

6 months ago

from: F1Technical.net

( 535 views )

Following the season-closing Abu Dhabi Grand Prix, Formula One's governing body, the FIA have confirmed tweaks to the Sporting, Technical and Financial Regulation for the... read more »

35

Brad Pitt F1 film reportedly facing major $20million issue

6 months ago

from: GPfans.com

( 787 views )

The new Formula 1 based film is reportedly facing financial issues after allegedly spending $20 million on creating replica F1 cars, despite having the actual cars available to... read more »

1

Ferrari to have "private discussion" over Sainz Vegas F1 damage compensation

7 months ago

from: Autosport.com

( 1293 views )

Sainz ran over a metal water valve cover that had come loose and destroyed the chassis, power unit and energy store of his SF-23.A precedent for compensation was set after an... read more »