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Latest F1 news about: Financial

1

F1 financial numbers continue to improve after disastrous 2020

over 4 years ago

from: Autosport.com

( 766 views )

Primary revenue rose from just $17m for January to March in 2020 to $159m for the same period this year, while total revenue was up from $39m to $180m.An operating loss of... read more »

1

Tost: Changes to F1 cost cap rules must be done 'in a proper way'

over 4 years ago

from: Autosport.com

( 1271 views )

The 2021 season marks the first year that F1 is racing under a new budget cap and financial regulations, limiting each team to spending $145 million per season.Within the... read more »

1

Ferrari wants clarity on F1 financial rules penalties

over 4 years ago

from: Autosport.com

( 1011 views )

F1 introduced all-new financial regulations for the 2021 season to enforce a new budget cap of $145 million per year for each team.Within the financial regulations, F1... read more »

5

WMSC confirms the financial allowances for Sprint Qualifying

over 4 years ago

from: Pitpass.com

( 700 views )

The FIA's World Motor Sport Council has confirmed the financial allowances in terms of damage incurred in Sprint Qualifying events. read more »

1

Three F1 teams voted against sporting penalties for budget cap breaches

over 4 years ago

from: Autosport.com

( 902 views )

F1 introduced a new $145 million budget cap for the 2021 season, policed by an all-new set of financial regulations that worked alongside the sporting and technical... read more »

1

FIA rubber stamps sprint race crash damage deal with F1 teams

over 4 years ago

from: Autosport.com

( 1085 views )

The latest changes to the 2021 FIA Financial Regulations include official confirmation of the numbers that were finally agreed after months of debate between the teams, the FIA... read more »

15

Financial allowances for Formula 1’s Sprint Qualifying trial revealed

over 4 years ago

from: MotorSportWeek.com

( 988 views )

Formula 1’s budget cap regulations have been amended in light of Sprint Qualifying getting the green light for inclusion at three races this season. The championship is... read more »

1

F1 set to sign off sprint races plan before Portuguese GP

over 4 years ago

from: Autosport.com

( 802 views )

Following lengthy discussions about the idea of holding a trio of sprint race Saturday events this year, a framework of rules plus an extra financial package have been put in... read more »

2

Cost cap benefit for McLaren’s clean races – Seidl

over 4 years ago

from: PlanetF1.com

( 731 views )

Andreas Seidl says having two clean opening rounds of the season have put McLaren's minds at ease from a financial point of view. read more »

35

Mercedes concerned "extensive" Bottas crash damage could hurt title bid

over 4 years ago

from: GPfans.com

( 1247 views )

Mercedes trackside engineering director Andrew Shovlin has conceded he fears the team's title bid could be hindered by the financial impact of Valtteri Bottas' Imola... read more »

15

Canadian GP behind closed doors still possible – but hurdles remain

over 4 years ago

from: MotorSportWeek.com

( 1546 views )

Formula 1's Canadian Grand Prix could still be held on its June 13 date, albeit behind closed doors, though crucial decisions over entry measures and financial... read more »

15

Teams agree financial package to cover Sprint Qualifying races

over 4 years ago

from: MotorSportWeek.com

( 815 views )

Formula 1’s plans for three ‘Sprint Qualifying’ sessions this season look set to go ahead, following weeks of discussions which have led to a financial package being agreed... read more »

2

F1 teams agree financial package for sprint races

over 4 years ago

from: PlanetF1.com

( 718 views )

Sprint races are believed to have got the go-ahead, with teams reportedly happy with a financial agreement in place to cover extra costs. read more »

1

F1 sprint race plan set for green light as teams agree financial deal

over 4 years ago

from: Autosport.com

( 845 views )

As previously reported by Autosport, F1's desire to run Saturday sprint races at three grands prix this year had hit a snag with teams not happy about the extra costs... read more »

1

Does Aston Martin's low-rake pain mean 2021 is a write off?

over 4 years ago

from: Autosport.com

( 1424 views )

It's a question that even the team itself can't yet answer, despite the example of Mercedes providing some encouragement.This was supposed to be the year when,... read more »

1

Meeting new F1 budget cap a "significant challenge" for Red Bull

over 4 years ago

from: Autosport.com

( 1342 views )

F1 teams will operate under strict financial regulations for the first time in the series' history this year after moving to curb costs to become more sustainable.In the... read more »

1

F1 explains Amazon talks over TV rights and streaming

over 4 years ago

from: Autosport.com

( 1055 views )

A report from the Financial Times in December claimed that F1 was in "advanced" talks with Amazon over streaming races in 2021, building on an existing partnership... read more »

2

Williams receiving ‘fantastic’ backing from Dorilton

over 4 years ago

from: PlanetF1.com

( 691 views )

Williams' new CEO, Jost Capito, has described the level of financial support the team are receiving from owners Dorilton Capital as "absolutely fantastic". read more »

15

Mazepin unmoved by criticism of financial backing

over 4 years ago

from: MotorSportWeek.com

( 879 views )

Nikita Mazepin says he is determined to "prove myself" in Formula 1 regardless of the financial backing that has facilitated his rise to the championship. Mazepin... read more »

2

F1 made record loss in disrupted 2020 season

over 4 years ago

from: PlanetF1.com

( 781 views )

Formula 1 has unsurprisingly posted its biggest ever loss in Liberty Media's financial results covering the 2020 season, which was badly disrupted by the health pandemic. read more »

5

F1 reports record $386m loss in 2020

over 4 years ago

from: Pitpass.com

( 623 views )

As F1 reveals the financial figures for the final-quarter in 2020, the sport reports a record loss of $386m (£276m). read more »

15

Formula 1 posts $386m loss, team payments cut by 30% in 2020

over 4 years ago

from: MotorSportWeek.com

( 863 views )

Formula 1 has posted a record loss of $386 million as a result of the COVID-19 pandemic, which had a major impact on the 2020 F1 season and therefore the sport’s finances. F1’s... read more »

6

Williams Racing renews its partnership with Financial Times

over 4 years ago

from: F1Technical.net

( 788 views )

Williams Racing has announced a renewal of the team's partnership agreement with the Financial Times ahead of the 2021 FIA Formula One World Championship season. read more »

35

Mercedes' loss of financial power "a huge challenge"

over 4 years ago

from: GPfans.com

( 1211 views )

Mercedes technical director James Allison has described the adaption to Formula 1's new budget cap as "a huge challenge" for the team. read more »

15

McLaren Racing posts reduced £71 million loss

over 4 years ago

from: MotorSportWeek.com

( 1475 views )

McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019 financial year, which was £13m ($18m) less than the £84.4m ($117m) loss is posted in 2018. The team saws its... read more »