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Latest F1 news about: Financial

2

McLaren ‘seeking £200m’ from sale of Woking HQ

over 4 years ago

from: PlanetF1.com

( 768 views )

McLaren Group are seeking a further financial boost by selling their Woking headquarters in a deal that could raise £200million. read more »

15

Mercedes F1 spent £333m in 2019 but still made a £14m profit

over 4 years ago

from: MotorSportWeek.com

( 1012 views )

Mercedes-Benz Grand Prix Limited, the company which encompasses the Mercedes-Benz AMG Formula 1 team, has released its latest financial results for 2019, which shows it spent... read more »

2

‘Merc didn’t get financial recognition in new deal’

over 4 years ago

from: PlanetF1.com

( 646 views )

Although he signed the Concorde Agreement, Toto Wolff feels' Mercedes success has not be "recognised in terms of the financial split". read more »

30

Williams explains sale reasons; coy on her future

over 4 years ago

from: SkySports.com/F1

( 742 views )

Claire Williams is confident the team's new owners have the financial firepower and wherewithal to take the former champions up the field, although remained coy about her... read more »

1

Wolff: Formula 1 nearing "biggest transition" in its history

over 4 years ago

from: Autosport.com

( 851 views )

Toto Wolff believes Formula 1 is set for the "biggest transition" in its history through the upcoming changes to the technical and financial structure of the sport read more »

2

AlphaTauri: Constructor idea is out of date

over 4 years ago

from: PlanetF1.com

( 756 views )

AlphaTauri team boss Franz Tost believes the idea of what defines a constructor is "out of date", especially given the world's financial situation. read more »

2

F1 posts big Q2 loss after pandemic lockdown

over 4 years ago

from: PlanetF1.com

( 824 views )

Formula 1 has produced its 2020 Q2 financial figures - and unsurprisingly, due to the global health pandemic, revenues plummeted and a big loss was incurred. read more »

2

Wolff won’t comment on finances in Hamilton deal

over 4 years ago

from: PlanetF1.com

( 709 views )

Toto Wolff says he won't comment on the financial side of Lewis Hamilton's contract renewal, but says the Brit understand the "world has changed a lot". read more »

15

Mercedes refusing to sign new Concorde Agreement, has the most to lose - Wolff

over 4 years ago

from: MotorSportWeek.com

( 691 views )

Mercedes is “the biggest victim” in Formula 1’s latest Concorde Agreement according to Toto Wolff, which would result in a major financial hit for the German manufacturer.... read more »

35

Ferrari suffer "very sizeable" financial hit "in high tens of millions"

over 4 years ago

from: GPfans.com

( 1053 views )

Ferrari has revealed it will take a financial hit "in the high tens of millions" on its Formula 1 operations this year. read more »

1

Steiner: Haas not disappointed to lose US races amid financial insecurity

over 4 years ago

from: Autosport.com

( 650 views )

Haas Formula 1 team boss Guenther Steiner insists that he wasn't disappointed to lose all four Americas races from the 2020 calendar, despite their importance to team... read more »

35

Funding has finally powered "special" Racing Point forward - Szafnauer

over 4 years ago

from: GPfans.com

( 1172 views )

Racing Point team principal Otmar Szafnauer believes the fact the team now has substantial financial support has enabled it to mix with the big teams in Formula 1. read more »

15

Hockenheim’s Formula 1 hopes over for 2020

over 4 years ago

from: MotorSportWeek.com

( 883 views )

Officials at Hockenheim have confirmed that Formula 1 will not visit the circuit this year, citing financial concerns, and restrictions imposed due to the coronavirus.... read more »

5

Teams optimistic for the financial future of the sport

over 4 years ago

from: Pitpass.com

( 688 views )

While the pandemic has highlighted the fragility of some teams, indeed the sport itself, moving forward such measures as the budget cap give cause for optimism. read more »

15

No danger of McLaren not being in F1 next year despite financial woes - Seidl

over 4 years ago

from: MotorSportWeek.com

( 756 views )

There are no doubts over McLaren’s future in Formula 1, despite the financial difficulties the company has found itself in this year. The McLaren Group, which consists of the... read more »

2

McLaren had zero fear of financial collapse

over 4 years ago

from: PlanetF1.com

( 838 views )

McLaren team principal, Zak Brown, has said there was never any fear that the Formula 1 team would completely collapse due to finances. read more »

1

McLaren: No risk of team being unable to continue in F1 for 2021

over 4 years ago

from: Autosport.com

( 603 views )

McLaren insists that there was never a risk of the team being unable to continue in Formula 1 next year, despite the financial difficulties it has faced over recent weeks read more »

35

McLaren "never at risk" of not being on the Formula 1 grid

over 4 years ago

from: GPfans.com

( 1031 views )

McLaren team principal Andreas Seidl has revealed there was "never a doubt" the marque would not be on the Formula 1 grid despite its recent financial crisis. read more »

35

McLaren secures £150m loan from Bahrain bank to ease financial worries

over 4 years ago

from: GPfans.com

( 854 views )

McLaren's immediate financial concerns have been eased following the agreement of a £150million loan with the National Bank of Bahrain [NBB]. read more »

2

McLaren’s financial problems ‘have been solved’

over 4 years ago

from: PlanetF1.com

( 701 views )

Great news from McLaren with Zak Brown saying their financial problems have been "solved" with an announcement coming before the week is out. read more »

2

McLaren ‘seeking £150m Bahrain bank loan’

over 4 years ago

from: PlanetF1.com

( 852 views )

McLaren are set to address their financial worries by arranging a loan from the National Bank of Bahrain (NBB) to provide a £150m cash injection next month. read more »

2

McLaren facing insolvency by ’17 July 2020′

over 4 years ago

from: PlanetF1.com

( 787 views )

McLaren's financial troubles could be worse than initially thought with the company facing insolvency by '17 July 2020', according to Forbes. read more »

35

McLaren facing vital court hearing to help secure financial future

over 4 years ago

from: GPfans.com

( 693 views )

McLaren is facing a key court case on the eve of the season-opening Formula 1 grand prix in Austria as it seeks to secure its financial future. read more »

11

McLaren take legal action to try to secure 'urgent' refinancing

over 4 years ago

from: BBC.co.uk/F1

( 1141 views )

McLaren takes legal action to allow it to secure "urgent" refinancing to address what it says is "severe and unexpected financial difficulty". read more »

29

Financial Side of the Regulations ‘Are Coming To Us’ – Racing Point’s Andrew Green

over 4 years ago

from: TheCheckeredFlag.co.uk

( 899 views )

Andrew Green says the budget cap will benefit Racing Point as other teams will need to downsize their workforce to comply with the regulations. read more »