Change mode menu

Latest F1 news about: Financial

6

Financial: Liberty Media announce their latest financial report

about 1 year ago

from: F1Technical.net

( 607 views )

The cancellation of the Emilia Romagna Grand Prix meant that the sport has recorded a minus sign in the revenue and earnings columns in the second quarter of 2023 according to... read more »

5

F1's second quarter finances suffer following Imola cancellation

about 1 year ago

from: Pitpass.com

( 652 views )

The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. read more »

6

How does FIA monitor the controversial cost cap?

about 1 year ago

from: F1Technical.net

( 493 views )

Since 2021, Formula 1 teams are running under a cost cap to keep control of their spending. The sport introduced the financial ceiling to move the field closer and give the... read more »

30

Horner: Red Bull were 'several million' below cost cap last year

about 1 year ago

from: SkySports.com/F1

( 547 views )

Christian Horner has revealed Red Bull were "several million" below the F1 cost cap in 2022, amid ongoing fieldwork from the FIA into last year's financial... read more »

1

F1 infrastructure debate ramps up as teams seek to level playing field

about 1 year ago

from: Autosport.com

( 544 views )

The subject of extra 'capex' headroom within the FIA financial regulations has emerged in recent months as a way of attempting to level the playing field, and thus... read more »

9

Russell's F1 cost cap concern: "If it's a second-time offender..."

about 1 year ago

from: Crash.Net

( 553 views )

George Russell has called on the FIA to hand out harsher penalties to "second-time offenders" amid speculation that three F1 teams have fallen foul of the financial... read more »

5

How the FIA is managing F1's financial regulations in 2023

about 1 year ago

from: Pitpass.com

( 511 views )

The FIA's Single-Seater Financial Regulations Director (F1-FE), Federico Lodi explains how increased capacity within the FIA is helping to reduce timescales, ensure... read more »

15

Domenicali: Teams that break F1 cost cap should face sporting sanctions

about 1 year ago

from: MotorSportWeek.com

( 458 views )

Stefano Domenicali believes Formula 1 teams that are caught breaking the championship’s cost cap rules should face sporting sanctions rather than financial penalties. Latst... read more »

3

F1 calls for sporting sanctions for budget cap breaches over financial penalties

about 1 year ago

from: EspnF1.com

( 582 views )

Formula One boss Stefano Domenicali has called on the sport's governing body the FIA to hand out sporting sanctions, not financial penalties, to any team that breached the... read more »

30

Hamilton confirms key Mercedes contract extension terms agreed

about 1 year ago

from: SkySports.com/F1

( 492 views )

Lewis Hamilton says he has agreed the financial terms and length of a contract extension with Mercedes and remains adamant the deal will be confirmed long before the end of the... read more »

1

The NFL and Hollywood lessons that Alpine's US investors bring to F1

about 1 year ago

from: Autosport.com

( 669 views )

It also reflects an intriguing move by Renault to boost the profile of its sportscar brand and eventually generate more income around the F1 project, helped by the involvement... read more »

1

Vowles: F1 cost cap changes on infrastructure investment coming in July

about 1 year ago

from: Autosport.com

( 643 views )

F1's new financial rules have been hailed as a success at reining in spend by bigger teams since they were introduced in 2021, but problems have since emerged - including... read more »

1

How Montreal has ridden North America's F1 wave

about 1 year ago

from: Autosport.com

( 827 views )

In fact, this year marks the 45th anniversary of the first race in Montreal, famously also the maiden victory of local hero Gilles Villeneuve.The circuit that was later renamed... read more »

1

Why Honda made a U-turn over its F1 quit plans

about 1 year ago

from: Autosport.com

( 411 views )

Honda's previous management decided not to renew its Red Bull deal that expired at the end of 2021, right when Red Bull and Honda were starting to harvest the fruits of... read more »

35

Miami Grand Prix: Why Stefano Domenicali revelation means big dilemma for F1's future

about 1 year ago

from: GPfans.com

( 628 views )

Practice, press conferences, and partner events with the Wall Street Journal to discuss financial growth and business plans. The three staples of the build-up to any Formula 1... read more »

35

Revenue report: F1 growth slows as team payments increase

about 1 year ago

from: GPfans.com

( 331 views )

Liberty Media has reported slowed growth in F1 revenue in its Q1 financial report. read more »

1

Williams F1 team hires new commercial boss

about 1 year ago

from: Autosport.com

( 600 views )

Asencio will head up the team's commercial and marketing operations from New York, starting on 10 April, as the squad looks to grow its financial activities following the... read more »

9

F1 budget cap Mercedes' 'enemy'? Wolff rules out all-new chassis design in 2023

about 1 year ago

from: Crash.Net

( 395 views )

Toto Wolff has admitted Mercedes' route towards a new car concept will be limited by F1's financial regulations meaning they will be unable to introduce a new chassis... read more »

1

How Liberty is "playing long game" to help F1 teams make money

about 1 year ago

from: Autosport.com

( 746 views )

On Wednesday F1 announced increased revenue and profits for 2022, as well as a record overall payment of over $1.1 billion split between the 10 teams.In the early years of... read more »

35

F1 boasts $437m revenue increase amid continued popularity boom

about 1 year ago

from: GPfans.com

( 706 views )

Liberty Media has revealed a $437million F1 revenue increase in 2022 after posting its end-of-year financial report. read more »

1

Red Bull aero penalty will "hurt", but not too much, say F1 rivals

over 2 years ago

from: Autosport.com

( 624 views )

The Milton Keynes-based squad was handed a $7 million fine and a 10% reduction in its aero development allowance as the result of being found to have overspent on its way to... read more »

35

F1 Budget Cap explained: How much is it, and how does it work?

over 2 years ago

from: GPfans.com

( 682 views )

F1's budget cap has been vital in securing financial stability for teams in the sport since being introduced for the 2021 season. read more »

6

F1 to introduce new wet-weather tyre among other key tweaks to the regulations

over 2 years ago

from: F1Technical.net

( 1566 views )

The Formula 1 Commission held their first meeting of 2023 in London on Tuesday ahead of the start of the new Formula 1 season, as regulatory changes including a new wet-weather... read more »

35

F1 CEO Domenicali expecting budget cap 'attention'

over 2 years ago

from: GPfans.com

( 585 views )

F1 CEO Stefano Domenicali has conceded he expects "a lot of attention" around the sport's financial regulations this year after Red Bull was penalised for a... read more »

1

Horner: Red Bull faces "significant handicap" with F1 aero testing restrictions

over 2 years ago

from: Autosport.com

( 867 views )

Introduced ahead of the 2021 season, the ATR was conceived in tandem with the budget cap to inspire a more competitive field and increase the financial sustainability of the... read more »