The owners of HRT have confirmed that they are in talks with potential investors about selling the team... read more »
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The HRT team has been put up for sale by its current owners Thesan Capital, who bought the outfit in mid-2011 from former owner Jose Ramon Carabante. The team... read more »
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Kimi Raikkonen’s triumph in Abu Dhabi was important for more than just giving the Finn and Lotus the winning feeling. Turun Sanomat newspaper reveals that boss Eric... read more »
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The Marussia F1 Team is seeking fresh investment after it made a £49 million loss during the 2011 season, the Guardian reports. The team, which is part owned by... read more »
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The Marussia F1 team made a loss of 49 million last year and is now said to be looking for investors to stay afloat, it is being reported. read more »
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Though the talk in India focussed on Lotus, Pitpass business editor Chris Sylt reveals that not only is Marussia looking at getting new investors on board it is already in... read more »
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The organisers of the New Jersey Grand Prix insist it will go ahead in 2013 as planned, and that any contractual issues will be sorted. This comes as Bernie Ecclestone... read more »
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The FIA has reached an agreement to licence the commercial rights of its FIA Formula E Championship, a series featuring Formula cars powered exclusively by electric energy, to... read more »
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PURE, a company set up by Craig Pollock to supply new 1.6 litre V6 turbo engines from 2014, has suspended operations after running in to financial difficulties. The company had... read more »
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Craig Pollock's PURE engine company has suspended activity due to financial issues with their investors... read more »
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Engine manufacturer PURE has had to suspend operations due to a lack of funding from its investors read more »
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Craig Pollock's PURE company has been forced to suspend development of its engine for 2014, AUTOSPORT can reveal, on the back of an issue with its investors. read more »
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Almost half of the world’s biggest 25 companies have been involved in Formula One in the past five years. And the new research by F1′s industry monitor... read more »
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CVC has sold a further $500 million stake in Formula 1, almost a month after announcing a 21 per cent sale to a trio of investors for a total investment of $1.6 billion read more »
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Formula one is worth about $8 or $9 billion, as the sport's owner CVC confirmed it has this week sold a 21 per cent stake to new investors. News of the sale coincided with... read more »
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Formula One is worth about $8 or $9 billion, as the sport’s owner CVC confirmed it has this week sold a 21 per cent stake to new investors. News of the sale coincided... read more »
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Reports state that CVC Capital has sold a stake in F1 to a group of investors read more »
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CVC Capital Partners, the private equity firm on whose behalf Bernie Ecclestone acts, has sold off a 1.6 billion dollar (£1bn) stake in Formula 1 to three investors,... read more »
3
Formula One's owners - private equity firm CVC Capital - has sold a $1.6 billion stake in the sport to three investors, according to reports read more »
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CVC Capital has sold a $1.6 billion stake in Formula 1 to investors ahead of the sport's planned $3 billion IPO. read more »
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Saudi Arabian billionaire businessman Prince Alwaleed bin Talal, one of New Corp's biggest investors, admits interest in F1 investment. even though he is no fan of the sport. read more »
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The British Racing Drivers' Club (BRDC) has confirmed it will look further afield for potential investors to fund its major redevelopment, following slow progress with a... read more »
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Silverstone's owner, the British Racing Drivers' Club, is to expand its hunt for investors as it bids to realise its ambitious plans for the future read more »
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Despite having had a preferred bidder enjoying a period of exclusivity for some time, the British Racing Drivers' Club is preparing to broaden its hunt for possible... read more »
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The British Racing Drivers' Club (BRDC) is looking to broaden its base of potential investors beyond the Qatari backed Alpha Group as it hopes to secure funding for its... read more »