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Latest F1 news about: Funding

15

Imola moves closer to new four-year F1 agreement

over 2 years ago

from: MotorSportWeek.com

( 499 views )

Emilia Romagna's government says it has acquired the necessary funding and approval in order for Imola to host Formula 1 rounds through 2025. Imola returned to Formula... read more »

2

Williams confirm they no longer need pay drivers

over 2 years ago

from: PlanetF1.com

( 660 views )

The improved financial situation at Williams means that the team no longer need the funding from pay drivers. read more »

1

F1 champions Hamilton, Mercedes launch charitable diversity initiative

over 2 years ago

from: Autosport.com

( 762 views )

Having been worked on for several months, and coming off the back of the Hamilton Commission Report, the 'Ignite' initiative will work towards helping ensure there is... read more »

1

Saudi Arabia contributes to £550m boost for McLaren Group

over 2 years ago

from: Autosport.com

( 656 views )

Much of the new funding comes from Saudi Arabia's Public Investment Fund [PIF], with some coming from existing investors, including Bahrain's Mumtalakat.McLaren says... read more »

3

W Series to become team-based championship from 2022

over 2 years ago

from: EspnF1.com

( 434 views )

W Series, the all-female racing series will become a team-based championship from 2022 as a result of strong sponsor interest to strengthen the funding for the drivers and the... read more »

35

Williams "negative spiral" should have prompted earlier sale - Lowe

over 2 years ago

from: GPfans.com

( 1079 views )

Former Williams chief technical officer Paddy Lowe has suggested the team 'should have been sold earlier' due to a "very negative spiral" in funding. read more »

2

Rich juniors jumping the queue ‘spurs on’ Zendeli

over 3 years ago

from: PlanetF1.com

( 827 views )

German racing prospect Lirim Zendeli says it's frustrating when undeserving junior drivers get chances in Formula 1 because of funding. read more »

2

Steiner defends Haas over ‘pay driver’ claim

over 3 years ago

from: PlanetF1.com

( 725 views )

Guenther Steiner has defended the Haas team's decision to hire a driver in Nikita Mazepin who brings significant funding with him. read more »

15

Insight: Mazepin’s path to a Haas F1 race seat

over 3 years ago

from: MotorSportWeek.com

( 1266 views )

Nikita Mazepin will step up to a Formula 1 race seat with Haas in 2021 to become the latest new face on the grid. But how has the 21-year-old progressed through motorsport?... read more »

2

Monza keen to restore races on oval circuit

over 3 years ago

from: PlanetF1.com

( 1192 views )

Monza officials are seeking government funding to not only preserve their place on the F1 calendar, but potentially redevelop their old oval circuit. read more »

15

Motorsport venues to receive funding from UK government

over 3 years ago

from: MotorSportWeek.com

( 684 views )

Some motorsport venues in England will receive funding from the government as part of the Sports Winter Survival Package. Sporting grounds, associations and clubs have been... read more »

2

Alesi’s F1 dream fades over funding issues

over 3 years ago

from: PlanetF1.com

( 890 views )

Jean Alesi has revealed he has run out of money to extend his son Giuliano's career in Formula 2. read more »

5

Brown plays down McLaren funding fears

over 3 years ago

from: Pitpass.com

( 592 views )

Zak Brown has dismissed talk that McLaren's intention to sell its factory signals further financial difficulties for the Woking-based team. read more »

35

Funding has finally powered "special" Racing Point forward - Szafnauer

over 3 years ago

from: GPfans.com

( 1086 views )

Racing Point team principal Otmar Szafnauer believes the fact the team now has substantial financial support has enabled it to mix with the big teams in Formula 1. read more »

15

Steiner: Grosjean should question his own future, not the teams

over 3 years ago

from: MotorSportWeek.com

( 718 views )

Haas team boss Guenther Steiner has hit out at his own driver after Romain Grosjean questioned Haas’ future in Formula 1. It’s not known whether Haas will remain in F1 after... read more »

5

"It was a tough period for the team," admits Seidl

over 3 years ago

from: Pitpass.com

( 1261 views )

Funding from the National Bank of Bahrain secured, Andreas Seidl breathes a sigh of relief and admits it was a "tough period for the team". read more »

2

Williams were already looking for funding pre-virus

over 3 years ago

from: PlanetF1.com

( 647 views )

Williams deputy team principal Claire Williams says the team knew they needed new investment even before the pandemic. read more »

5

Williams fully funded into 2021

over 3 years ago

from: Pitpass.com

( 625 views )

Williams has the necessary funding in place to continue racing into 2021, courtesy of a deliberate strategy that goes back to the start of 2019. read more »

2

Williams ‘have funding through to 2021’

over 3 years ago

from: PlanetF1.com

( 603 views )

Williams have enough money to complete the 2020 Formula 1 season and go through into next year despite being up for sale, according to Forbes. read more »

15

McLaren in talks with Bahrain’s national bank over need for urgent funding

over 3 years ago

from: MotorSportWeek.com

( 849 views )

The McLaren Group is in talks with the National Bank of Bahrain to secure an urgent company-saving loan which would allow it to continue operating in the short-term. The... read more »

15

McLaren takes legal action in a bid to secure urgent funding

over 3 years ago

from: MotorSportWeek.com

( 786 views )

The McLaren Group has launched legal action in an effort to secure urgent funding to keep it from having to sell a stake in its Formula 1 team, reports the […] read more »

15

McLaren weighing up funding options including partial F1 team sale

over 3 years ago

from: MotorSportWeek.com

( 680 views )

The McLaren Group is reportedly looking at selling part of its Formula 1 operation in order to raise much needed funds in response to the coronavirus pandemic. The British... read more »

5

McLaren to sell "minority" stake in team

over 3 years ago

from: Pitpass.com

( 993 views )

It is being reported that McLaren is considering selling a "minority" stake in its F1 team in a bid to raise vital funding following the pandemic. read more »

3

McLaren could mortgage historic F1 cars to raise funds

over 3 years ago

from: EspnF1.com

( 720 views )

McLaren is looking into various funding options to help the sportscar maker and Formula One team owner negotiate the coronavirus pandemic, a spokesman said on Thursday. read more »

2

Gene Haas needs to ‘convince himself’ to keep F1 team

over 4 years ago

from: PlanetF1.com

( 769 views )

Haas team principal, Guenther Steiner, has said that owner Gene Haas needs to convince himself to keep funding the Formula 1 team. read more »