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Latest F1 news about: Financial

15

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

over 3 years ago

from: MotorSportWeek.com

( 730 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

over 3 years ago

from: EspnF1.com

( 858 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

over 3 years ago

from: SkySports.com/F1

( 716 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

over 3 years ago

from: Autosport.com

( 1067 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

over 3 years ago

from: Autosport.com

( 916 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

over 3 years ago

from: Autosport.com

( 1142 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

over 3 years ago

from: Autosport.com

( 667 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

over 3 years ago

from: GPfans.com

( 1026 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

over 3 years ago

from: GPfans.com

( 552 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

over 3 years ago

from: Autosport.com

( 939 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

over 3 years ago

from: Crash.Net

( 622 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

over 3 years ago

from: Autosport.com

( 1070 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

over 3 years ago

from: GPfans.com

( 933 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 3 years ago

from: Autosport.com

( 1054 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 3 years ago

from: GPfans.com

( 903 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 3 years ago

from: F1Technical.net

( 1891 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 3 years ago

from: GPfans.com

( 816 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 3 years ago

from: Autosport.com

( 1248 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

over 3 years ago

from: Autosport.com

( 900 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

over 3 years ago

from: Autosport.com

( 934 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

over 3 years ago

from: Crash.Net

( 1080 views )

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

35

Williams concede historic shortfall behind continued struggles

over 3 years ago

from: GPfans.com

( 846 views )

Former Williams team principal Jost Capito has lamented the historic financial shortcomings that continue to hurt the outfit. read more »

22

Video: Girls on Track UK At University College London With Ignite Partnership

over 3 years ago

from: YouTube.com

( 971 views )

Continuing to encourage change. We were delighted to be able to support Girls on Track at a recent all day event at University College London. The financial support provided by... read more »

1

Red Bull: Cost cap has "changed the discipline" in F1 development race

over 3 years ago

from: Autosport.com

( 1054 views )

F1 introduced its first set of financial regulations for the 2021 season, restricting teams to a yearly budget of $145 million. This was initially set to fall by $5m per year,... read more »

15

Ferrari stops Binotto from taking on F1 role until 2024

over 3 years ago

from: MotorSportWeek.com

( 811 views )

Mattia Binotto will not be returning to a Formula 1 position during the 2023 season after being given added financial compensation by Ferrari. A report from formu1a.uno states... read more »