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Latest F1 news about: Million

1

McLaren: Budget cap uncertainty has 'put handbrake' on F1 upgrades

13 hours 12 minutes ago

from: Autosport.com

( 63 views )

Amid ongoing debate among grand prix racing's chiefs about how best to address problems triggered by rising inflation and the cost of living crisis, teams are reluctant to... read more »

1

Horner warns of F1 "catastrophe" over budget cap crisis

1 day 10 hours ago

from: Autosport.com

( 75 views )

Amid a dramatic rise in inflation and a cost of living crisis, a number of squads are struggling to stay below the $140 million budget cap limit sent for this year.Some... read more »

1

Red Bull reveals plans for Newey-designed £5 million hypercar

1 day 12 hours ago

from: Autosport.com

( 121 views )

As part of an ambitious project revealed at the team's Milton Keynes factory on Tuesday, the car has been created by the F1 team's chief technical officer Adrian... read more »

9

Bernie tells Hamilton to take £20m payoff | Injury claim "b*******"

2 days 11 hours ago

from: Crash.Net

( 104 views )

Ex-F1 supremo Bernie Ecclestone has advised Lewis Hamilton to accept a £20 million payoff and quit F1 after his underwhelming start to the 2022 campaign. read more »

1

Ferrari: No easy solution to F1 salary cap debate

22 days 13 hours ago

from: Autosport.com

( 113 views )

F1 launched its first team budget cap in 2021 after a big push by the FIA and the commercial rights holder to make the series more financially sustainable.Teams were limited to... read more »

1

Alonso questions driver salary cap when F1 is "asking more from us"

23 days 8 hours ago

from: Autosport.com

( 620 views )

F1 introduced a budget cap at the start of the 2021 season, initially limiting teams to spending $145 million per year. This figure dropped to $140m for 2022 and will fall by a... read more »

15

Ferrari: F1 teams will hit budget cap 'very soon'

26 days 9 hours ago

from: MotorSportWeek.com

( 170 views )

Ferrari Team Principal Mattia Binotto has warned that Formula 1 teams will hit the budget cap cut off "very soon". Some outfits have called on F1 to raise the $140... read more »

1

Wolff: F1 budget cap allowance would help adjust staff salaries

26 days 12 hours ago

from: Autosport.com

( 127 views )

Following the pandemic and the war in Ukraine, inflation in several European countries has soared to its highest level in decades and the increased energy and transport costs... read more »

1

Steiner: F1 can't just open up budget cap for big teams

27 days 11 hours ago

from: Autosport.com

( 141 views )

F1's $145 million cost cap has come under increased pressure due to the rising inflation and energy prices as a result of Russia's invasion of Ukraine.Freight and... read more »

1

Why F1's top bosses are thinking about a "bigger future"

28 days 8 hours ago

from: Autosport.com

( 213 views )

Greg Maffei: Formula 1 has never been healthier from all indications. Fan interest is incredibly high. We have great on-track competition and we have helped the teams. When we... read more »

1

Ferrari: No chance of staying below current F1 $140m budget cap

about 1 month ago

from: Autosport.com

( 447 views )

A dramatic rise in inflation and freight costs this year has put team budgets under pressure, and a number of squads are concerned that they are going to be unable to stay... read more »

15

Several F1 teams at risk of missing last few races - Horner

about 1 month ago

from: MotorSportWeek.com

( 153 views )

Red Bull Formula 1 team principal Christian Horner has warned that several teams are at risk of missing the final few races of the 2022 F1 season because of the budget cap. The... read more »

35

F1 cost savings revealed without record-breaking 23rd race

about 1 month ago

from: GPfans.com

( 112 views )

Haas team principal Guenther Steiner has calculated "a few million" is being saved this year following F1's decision not to stretch the calendar to a... read more »

15

Haas waiting four or five more F1 races for upgrades

about 1 month ago

from: MotorSportWeek.com

( 125 views )

The Haas Formula 1 team says that it may be until July before it opts to bring updates to its 2022 challenger, the VF-22. This year, all teams are competing under a $140... read more »

15

Marko ponders Ferrari's development budget after Sainz crashes

about 1 month ago

from: MotorSportWeek.com

( 250 views )

Red Bull's Dr Helmut Marko has wondered if Carlos Sainz's recent crashes will impact Ferrari's development budget for the 2022 season. This year, all Formula 1... read more »

15

Ferrari confident Red Bull's F1 upgrade pace will falter

about 1 month ago

from: MotorSportWeek.com

( 856 views )

Ferrari is confident that Red Bull's development pace will slow down as the 2022 season carries on due to the sport's budget cap. Formula 1 teams are currently... read more »

5

Miami GP attracts record live audience in US

about 1 month ago

from: Pitpass.com

( 161 views )

ABC's live telecast of Sunday's inaugural Miami Grand Prix attracted a record average viewership of 2.6 million, the largest audience for a live F1 telecast ever on... read more »

3

F1 owners Liberty Media to buy Las Vegas land for $240 million

about 1 month ago

from: EspnF1.com

( 184 views )

Formula One's commercial rights holders Liberty Media are buying a plot of land in Las Vegas for $240 million to locate the pit and paddock complex for a grand prix next... read more »

1

Why Miami GP is having the last laugh over fake marina memes

about 1 month ago

from: Autosport.com

( 152 views )

The collection of 10 yachts on the inside of Turns 6, 7 and 8 of the Miami circuit, which are surrounded by special solid 'vinyl' water, have prompted a flood of... read more »

1

Hamilton explains reasons behind Chelsea FC bid

2 months ago

from: Autosport.com

( 188 views )

Reports emerged on Thursday that the seven-time Formula 1 champion and his tennis superstar friend Serena Williams could invest around £10 million each to the consortium that... read more »

1

Haas won't rush new deals after Rich Energy, Uralkali controversies

2 months ago

from: Autosport.com

( 197 views )

Autosport revealed last week that Haas had rejected a request from its former title sponsor, Uralkali, for repayment of funds after its contract was terminated in the wake of... read more »

15

Hamilton linked to takeover of Chelsea F.C.

2 months ago

from: MotorSportWeek.com

( 208 views )

Lewis Hamilton is committing millions of pounds towards one of the bids to take over Chelsea F.C., according to report. Last month, Roman Abramovich announced that he was... read more »

1

How F1's level playing field rules have impacted computer chip choices

2 months ago

from: Autosport.com

( 155 views )

Where once those outfits with the most money could simply write a big fat cheque to spend their way to bigger and better developments, now that is no longer the case.Primarily,... read more »

3

Haas rejects Uralkali's $12 million refund demand, want compensation

3 months ago

from: EspnF1.com

( 215 views )

The Haas Formula One team has rejected former title sponsor Uralkali's demand for a refund of $13 million and asked for around $8.7 million in compensation from the... read more »

3

Russian F1 driver Nikita Mazepin has $114m properties seized in Italy

3 months ago

from: EspnF1.com

( 164 views )

Italy has seized properties worth some €105 million ($114.45 million) owned by Russian former Formula One driver Nikita Mazepin and his oligarch father. read more »