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Latest F1 news about: Financial

9

Helmut Marko 'surprised' by rival F1 teams offering to 'double' Red Bull staff salaries

about 1 year ago

from: Crash.Net

( 629 views )

"We always struggle with the budget limit, there are restrictions on the financial side." read more »

35

F1 boss forced to pay out millions to employees

about 1 year ago

from: GPfans.com

( 577 views )

Former Formula 1 boss Otmar Szafnauer has revealed that he was forced to fork out millions to pay his employees after his team experienced financial difficulties. read more »

35

Official document reveals colossal £84 million blow for F1 team

about 1 year ago

from: GPfans.com

( 523 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

( 712 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

( 515 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

( 823 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

( 611 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

( 556 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

( 636 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

( 640 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

( 534 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

( 667 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

( 505 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

( 531 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

( 490 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

( 497 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

( 675 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

( 653 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

( 696 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

over 2 years ago

from: MotorSportWeek.com

( 617 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?

over 2 years ago

from: MotorSportWeek.com

( 591 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

( 681 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

( 888 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

( 1247 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

( 1135 views )

Nico Hulkenberg's salary increase from Haas to Sauber has been revealed read more »