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Latest F1 news about: Financial

1

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

over 5 years ago

from: Autosport.com

( 1452 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 5 years ago

from: Autosport.com

( 1156 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 5 years ago

from: PlanetF1.com

( 753 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 5 years ago

from: MotorSportWeek.com

( 963 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 5 years ago

from: PlanetF1.com

( 840 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 5 years ago

from: Pitpass.com

( 686 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 5 years ago

from: MotorSportWeek.com

( 955 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 5 years ago

from: F1Technical.net

( 863 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 5 years ago

from: GPfans.com

( 1303 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 5 years ago

from: MotorSportWeek.com

( 1644 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 »

15

Working group to investigate F1 driver salary cap

over 5 years ago

from: MotorSportWeek.com

( 1013 views )

Formula 1 will create a working group, which will include drivers, in order to evaluate the possibility of introducing tighter financial control on leading figures in the... read more »

2

F2 success crucial for Lundgaard ‘without rich father’

over 5 years ago

from: PlanetF1.com

( 1048 views )

Christian Lundgaard needs a good 2021 Formula 2 season to earn a F1 promotion otherwise he fears his racing career could hit a financial stumbling block. read more »

5

Statement following today's meeting of the F1 Commission

over 5 years ago

from: Pitpass.com

( 1500 views )

The FIA and F1 have issued a statement following today's discussions on a number of key topics relating to future Sporting, Technical and Financial Regulations as well as... read more »

35

Williams jobs safeguarded by Dorilton takeover - Roberts

over 5 years ago

from: GPfans.com

( 1077 views )

Williams team principal Simon Roberts is hopeful the new financial regulations put in place by Formula 1 coupled with last year's takeover has safeguarded jobs. read more »

1

Flat Chat Podcast: The true cost of COVID to F1

over 5 years ago

from: Autosport.com

( 1135 views )

Formula 1 had to perform a staggering feat of financial engineering to survive 2020, and this month's Flat Chat podcast from GP Racing magazine counts the true cost of COVID read more »

2

Tost: COVID a financial eye-opener for F1 teams

over 5 years ago

from: PlanetF1.com

( 917 views )

AlphaTauri team principal Franz Tost thinks the effect of the global health pandemic has served as an eye-opener for constructors in a financial sense. read more »

1

Tost: COVID impact "opened the eyes" of teams on F1's unsustainable spending

over 5 years ago

from: Autosport.com

( 1323 views )

Scuderia AlphaTauri boss Franz Tost says the impact of the COVID-19 pandemic "opened the eyes" of Formula 1 teams over the unsustainable financial nature of the series read more »

2

Williams ‘fed up’ of financial stress before sale

over 5 years ago

from: PlanetF1.com

( 1045 views )

Claire Williams has admitted relief about the sale of her family's F1 team as she had been "fed up" of not having the funds necessary to move forwards. read more »

35

Mazepin money ensures Haas stability - Steiner

over 5 years ago

from: GPfans.com

( 1075 views )

Guenther Steiner has claimed the sponsorship package provided by new rookie driver Nikita Mazepin has helped provide Haas with financial stability in Formula 1. read more »

35

Pay drivers a fact of Formula 1 - Steiner

over 5 years ago

from: GPfans.com

( 954 views )

Haas team principal Guenther Steiner has claimed 'pay drivers' will always have an advantage in Formula 1 over those with no financial backing. read more »

2

Formula 1 in talks with Amazon over streaming races

over 5 years ago

from: PlanetF1.com

( 930 views )

The Financial Times has reported that Formula 1 are holding "active" talks with Amazon over a deal to stream races. read more »

2

Brown cared about prestige, not money, in P3 fight

over 5 years ago

from: PlanetF1.com

( 937 views )

Despite the huge financial benefits that it brings, McLaren CEO Zak Brown says he was thinking more about prestige when the team secured P3. read more »

1

Brown: Third in F1 constructors' standings more about prestige than money

over 5 years ago

from: Autosport.com

( 1417 views )

McLaren Formula 1 team chairman Zak Brown insists that the team's jump to third place in the world championship is more about prestige than any financial benefit read more »

35

£185m cash boost means F1 team 'can now have its cake and eat it' - McLaren

over 5 years ago

from: GPfans.com

( 1445 views )

McLaren is now in a position where it can 'have its cake and eat it' in the wake of the financial shot-in-the-arm that has re-energised the Formula 1 team. read more »

15

Stroll ‘fuelled’ by people ‘who hope I fail’ in F1

over 5 years ago

from: MotorSportWeek.com

( 1075 views )

Racing Point’s Lance Stroll says he is “fuelled” by critics “who hope he fail” on account of the financial backing he has received in his career. Stroll stepped up to Formula 1... read more »