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Latest F1 news about: Financial

2

F1 teams agree financial package for sprint races

over 5 years ago

from: PlanetF1.com

( 808 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 5 years ago

from: Autosport.com

( 917 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 5 years ago

from: Autosport.com

( 1545 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 5 years ago

from: Autosport.com

( 1469 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

( 1166 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

( 760 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

( 979 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

( 849 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

( 698 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

( 958 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

( 870 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

( 1317 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

( 1656 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

( 1025 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

( 1056 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

( 1513 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

( 1093 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

( 1143 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

( 927 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

( 1334 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

( 1054 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

( 1082 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

( 960 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

( 935 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

( 950 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 »