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Latest F1 news about: Million

15

Mercedes F1 report over £500m turnover for 2023

19 hours 30 minutes ago

from: MotorSportWeek.com

( 101 views )

The Mercedes Formula 1 team suffered its first winless season since 2011 last term but off-track, there are reasons for the Brackley-based outfit to be positive as parent... read more »

1

Mercedes becomes first F1 team to exceed £500m turnover

21 hours 12 minutes ago

from: Autosport.com

( 101 views )

The company that runs the squad, Mercedes-Benz Grand Prix Ltd., declared a turnover for 2023 of £546.5 million, which covers the year that ended December 31.This figure... read more »

15

F1 seeking 10-team limit in new Concorde Agreement – report

3 days 17 hours ago

from: MotorSportWeek.com

( 287 views )

The 10 existing Formula 1 teams are seeking the limit of outfits allowed onto the grid to be reduced from 12 to 10 in the forthcoming Concorde Agreement, according to reports.... read more »

15

Claire Williams: Vowles F1 hire represented ‘a brilliant coup’

13 days 14 hours ago

from: MotorSportWeek.com

( 203 views )

Claire Williams, former Team Principal of the family’s eponymous Formula 1 outfit, has called Dorilton’s hiring of James Vowles to take the helm starting last year “a brilliant... read more »

15

Budget cap is ‘fundamental’ to F1 future, argues Symonds

17 days 16 hours ago

from: MotorSportWeek.com

( 229 views )

Formula 1 Chief Technical Officer Pat Symonds has heaped praise upon the series’ cost-cap regulation, saying it’s “fundamental” to the sport’s long-term future. The cost-cap... read more »

35

F1 star launches £150 million lawsuit over controversial 'cheated' title

about 1 month ago

from: GPfans.com

( 310 views )

Felipe Massa has lodged action in the High Court of Justice against the FIA, Formula One Management (FOM) and Bernie Ecclestone over the 2008 'crashgate' scandal. read more »

1

Las Vegas GP helps to boost F1's 2023 profits to $392 million

about 1 month ago

from: Autosport.com

( 244 views )

The 2022 and 2023 seasons both featured 22 rounds, with the total always playing a key role in the final numbers.However, it was a different mix of races, with the first... read more »

35

Where do F1 drivers currently live and why many of them choose Monaco?

about 1 month ago

from: GPfans.com

( 496 views )

With a global calendar and multi-million-dollar pay checks, where do F1 drivers choose to call home? read more »

15

Formula E CEO places $250,000 charity wager on Verstappen F1 title bid

about 1 month ago

from: MotorSportWeek.com

( 333 views )

The CEO of FIA Formula E, Jeff Dodds, has offered to donate a quarter of a million dollars to charity if Max Verstappen fails to win this year’s Formula 1 World Championship.... read more »

1

Ferrari to carry new energy drink F1 sponsor into Hamilton era

2 months ago

from: Autosport.com

( 370 views )

The US-based company had a low-key arrangement with the team last season that covered the three American races in Miami, Austin and Las Vegas.That has now extended to a full... read more »

35

Huge Ferrari 'promise' to Hamilton revealed in stunning F1 deal

2 months ago

from: GPfans.com

( 380 views )

Seven-time word champion Lewis Hamilton is set to receive funding for his various charitable projects as part of his lucrative Ferrari deal, which will reportedly see the Brit... read more »

15

Fisichella backs proposed Zanzibar F1 Grand Prix bid

3 months ago

from: MotorSportWeek.com

( 282 views )

Ex-Formula 1 race winner Giancarlo Fisichella is supervising the technical aspects of a proposed F1 circuit in Zanzibar, as the Tanzanian archipelago seeks to bring the series... read more »

15

Leclerc's new Ferrari F1 deal contains exit clauses - report

3 months ago

from: MotorSportWeek.com

( 299 views )

Charles Leclerc will earn €50 million in the final year of his new Ferrari Formula 1 contract but there are clauses to permit an early exit, according to an Italian media... read more »

15

Verstappen coy on rumoured $70 million 2023 F1 earnings

3 months ago

from: MotorSportWeek.com

( 398 views )

Max Verstappen has been coy regarding the rumour that he was paid an estimated $70 million as a result of his record success during the recent 2023 Formula 1 season. Red Bull... read more »

9

New Norris deal may exceed $15m as "one hundred million" transfer worth touted

3 months ago

from: Crash.Net

( 306 views )

McLaren insist they have the financial firepower to pay Lando Norris the type of big-money deal to keep him long-term. read more »

15

Why Haas F1 rejected investment from eventual Alpine consortium

3 months ago

from: MotorSportWeek.com

( 349 views )

Gene Haas has revealed that he turned down interest from a consortium of investors which have since partnered with the Alpine Formula 1 team in a deal worth $200 million. In... read more »

15

Modernisation work starts at Monza in €21 million makeover

3 months ago

from: MotorSportWeek.com

( 487 views )

Work to modernise the Autodromo Nazionale Monza is now underway with the hopes of securing the circuit’s long-term future on the Formula 1 calendar. Monza and Imola, host of... read more »

15

FIA outline the pros and cons to F1’s cost cap

4 months ago

from: MotorSportWeek.com

( 306 views )

FIA’s Single Seater Director Nikolas Tombazis believes that whilst Formula 1’s cost cap has helped curb spending, teams struggle to throw money at improving an underperforming... read more »

35

White House in the Sky: a look at former F1 boss Vijay Mallya's $20 million mansion

4 months ago

from: GPfans.com

( 327 views )

Perched atop a skyscraper in Bengaluru, India, Vijay Mallya's $20 million mansion stands as a symbol of luxury and controversy. read more »

35

Verstappen forced into million Euro payment for F1 success

4 months ago

from: GPfans.com

( 292 views )

Max Verstappen broke numerous records in the 2023 Formula 1 season, surpassing his own point tally milestone. However, the weight of his remarkable achievements comes with a... read more »

15

Alpine F1 team finalise sale of €200 million stake to US investors

4 months ago

from: MotorSportWeek.com

( 390 views )

The Alpine Formula 1 Team has finalised the sale of a shareholding valued at €200 million to a group of US-based investors. Earlier this year it was announced that Otro Capital... read more »

5

Alpine confirms finalising of €200m investment

4 months ago

from: Pitpass.com

( 319 views )

Renault Group and Alpine have announce the closing of the investment by Otro Capital of €200 million in Alpine Racing Ltd, announced earlier this year. read more »

1

Alpine F1 team completes €200 million stake sale to US investors

4 months ago

from: Autosport.com

( 328 views )

In June it was announced that Otro Capital had acquired a 24% share in Alpine Racing Limited for €200 million, a deal that valued the Enstone company at around $900... read more »

15

FIA reiterates claims of financial deficit amid Todt comments

4 months ago

from: MotorSportWeek.com

( 495 views )

The FIA has reiterated its stance on the governing body’s financial situation after former President Jean Todt dismissed claims of a monetary deficit. Todt was adamant in his... read more »

1

Max Verstappen to be hit with shocking fee following 2023 Formula 1 success - how much will the drivers pay?

4 months ago

from: Autosport.com

( 473 views )

Max Verstappen will be reportedly charged over €1.2 million to secure the superlicense he needs to compete again next year. The three-time world champion won 19 of the 22 races... read more »