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Latest F1 news about: Financial

30

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

about 1 year ago

from: SkySports.com/F1

( 523 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

( 516 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

( 533 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

( 494 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

( 445 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

( 558 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

( 469 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

( 638 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

( 623 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

( 809 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

( 379 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

( 600 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

( 322 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

( 565 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

( 383 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

( 714 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

( 685 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

about 1 year ago

from: Autosport.com

( 597 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?

about 1 year ago

from: GPfans.com

( 659 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

about 1 year ago

from: F1Technical.net

( 1550 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'

about 1 year ago

from: GPfans.com

( 563 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

about 1 year ago

from: Autosport.com

( 835 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 »

1

FIA formally opens process for new F1 teams to join the grid

about 1 year ago

from: Autosport.com

( 537 views )

Following FIA president Mohammed Ben Sulayem's statement earlier this year that he wanted the governing body to evaluate the idea, documents have now been formally... read more »

1

Haas: No plans to change F1 team model despite nearing budget cap

about 1 year ago

from: Autosport.com

( 648 views )

Haas announced in October that international payment company MoneyGram would be joining as its new title sponsor, providing a big financial boost to one of the smallest... read more »

9

Ex-Ferrari chief banned after involvement in Italian football scandal

about 1 year ago

from: Crash.Net

( 803 views )

Maurizio Arrivabene has been banned from Italian football for two years due to his involvement in a financial scandal at Juventus. read more »