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Latest F1 news about: Financial

35

Official document reveals colossal £84 million blow for F1 team

about 1 year ago

from: GPfans.com

( 509 views )

One team on the Formula 1 grid has revealed a staggering £84 million financial loss for the 2023 season, an official document has revealed. read more »

3

Alpine F1 team: Renault won't sell 'family jewel' - Luca de Meo

about 1 year ago

from: EspnF1.com

( 697 views )

Renault chief executive Luca de Meo has said their "family jewel" Alpine Formula 1 team is not for sale after the company confirmed its engine production will end... read more »

15

Williams records £84 million loss after 2023 Formula 1 season

about 1 year ago

from: MotorSportWeek.com

( 507 views )

Williams has recorded a financial loss of £84 million after the 2023 Formula 1 World Championship, in which the team finished seventh in the Constructors’ standings. The... read more »

15

Red Bull sees F1 team revenue increase to £307 million in 2023

about 1 year ago

from: MotorSportWeek.com

( 810 views )

Red Bull has recorded a revenue increase in its Formula 1 team for the year 2023 after a dominant record-breaking season. The Austrian energy drinks brand has reported £307... read more »

15

Claire Williams explains tumultuous road to F1 team sale

about 1 year ago

from: MotorSportWeek.com

( 595 views )

Claire Williams explained that financial misfortune during the Covid-stricken 2020 F1 season led to her family selling their beloved team. The post Claire Williams explains... read more »

6

FIA confirms that two engine manufacturers are in procedural breach of F1 cost cap

about 1 year ago

from: F1Technical.net

( 547 views )

Formula One's governing body, the FIA has confirmed that all ten F1 teams have been found in compliance of the Financial Regulation, but it has also revealed that Honda... read more »

5

Alpine and Honda in procedural breach of budget cap regulations

about 1 year ago

from: Pitpass.com

( 623 views )

The FIA has revealed that both Alpine and Honda committed procedural breaches of the 2023 financial regulations, though neither exceeded the cost cap. read more »

9

Aston Martin F1 to sell stake to create £1.5bn valuation as Adrian Newey arrives

about 1 year ago

from: Crash.Net

( 629 views )

Sky News report major financial transaction at Aston Martin read more »

35

F1 champion makes audacious financial support claim for Mercedes chief Wolff

about 1 year ago

from: GPfans.com

( 526 views )

An F1 champion has claimed that he had to lend a helping hand to Toto Wolff over the course of Kimi Antonelli's motorsport career. read more »

35

Major financial impact revealed after F1 team's shock driver signing

about 1 year ago

from: GPfans.com

( 653 views )

Williams Racing team principal James Vowles has revealed major financial implications for the team have arisen as a result of their recent shock driver signing. read more »

5

Haas resolves issue with Uralkali

about 1 year ago

from: Pitpass.com

( 498 views )

Haas has resolved the financial issue with former title sponsor Uralkali that threatened its participation in the Italian Grand Prix. read more »

1

All McLaren departments F1 world championship material - Brown

about 1 year ago

from: Autosport.com

( 522 views )

McLaren Racing CEO Zak Brown has claimed all departments of its Formula 1 team are "world championship material" after years of investment.Brown took the helm at the... read more »

15

Liberty Media records F1 second quarter financial gains in 2024

about 1 year ago

from: MotorSportWeek.com

( 478 views )

Formula 1 has recorded a significant revenue increase in the second quarter of 2024 compared to that of last year, according to owners Liberty Media. In a list of financial... read more »

15

F1 Las Vegas GP hotel prices at 50% of last year’s listings

about 1 year ago

from: MotorSportWeek.com

( 482 views )

According to Las Vegas local news, hotel bookings for this year’s Formula 1 race are off to a “soft start,” with rates at half the cost compared to the event’s 2023 debut. The... read more »

15

Alpine: F1’s financial rules prompting switch to customer team strategy

about 1 year ago

from: MotorSportWeek.com

( 663 views )

Outgoing Alpine Team Principal Bruno Famin has said that Formula 1’s financial rules have driven the French marque from ditching its engine production in favour of becoming a... read more »

35

Ferrari hit with major 'financial demands' from Red Bull chief Newey

about 1 year ago

from: GPfans.com

( 641 views )

According to a recent report, Adrian Newey has allegedly laid his terms to join Ferrari in what could be a tough financial sacrifice for the team. read more »

6

No changes to points system, more test days, increase of minimum weight - FIA confirms changes ...

about 1 year ago

from: F1Technical.net

( 689 views )

Just two days after the Hungarian Grand prix, the F1 Commission has announced key changes to the Sporting, Financial and Technical Regulations, ruling out changes to the world... read more »

15

Toyota exploring potential Haas F1 partnership deal – report

about 1 year ago

from: MotorSportWeek.com

( 607 views )

According to reports, Japanese automotive giant Toyota is considering a shock Formula 1 return in partnership with Haas. Toyota previously ran its own Formula 1 works outfit in... read more »

15

Has the F1 British GP become too expensive?

about 1 year ago

from: MotorSportWeek.com

( 581 views )

Where does Silverstone rank among 2024’s Formula 1 venues? The answer to that question depends on the metric you apply to the question.  Let’s take ticket prices. If one... read more »

6

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

over 2 years ago

from: F1Technical.net

( 671 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

over 2 years ago

from: GPfans.com

( 882 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

over 2 years ago

from: MotorSportWeek.com

( 1237 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

over 2 years ago

from: Crash.Net

( 1125 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

over 2 years ago

from: GPfans.com

( 795 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

over 2 years ago

from: MotorSportWeek.com

( 683 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 »