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Latest F1 news about: Million

1

De Vries cleared of wrongdoing in dispute over €250K loan

about 1 year ago

from: Autosport.com

( 701 views )

The matter relates to a loan that the current AlphaTauri Formula 1 driver took in 2018 from Schothorst's investment fund Investrand to help fund an F2 campaign with Prema... read more »

15

Horner: Red Bull ‘significantly’ impacted by F1 cost cap penalty

about 1 year ago

from: MotorSportWeek.com

( 790 views )

Red Bull team boss Christian Horner asserts that the penalty it was issued for breaching the 2021 budget cap is "significantly limiting" its pre-season development... read more »

9

Michael Schumacher's beautiful Jordan auctioned at whopping seven-figure price

about 1 year ago

from: Crash.Net

( 1695 views )

Michael Schumacher's Jordan 191 F1 car will be auctioned with a guide price of £1.2 million-£1.8m. read more »

15

F1 rumour: Hamilton offered €70m per year Mercedes contract

about 1 year ago

from: MotorSportWeek.com

( 986 views )

Lewis Hamilton has reportedly been offered a €70 million per season contract to extend at the Mercedes Formula 1 team. His current contract expires at the end of the 2023... read more »

1

FIA's cost cap policing should deter future 'cover ups', says Ben Sulayem

about 1 year ago

from: Autosport.com

( 496 views )

Both Red Bull and Aston Martin were found to have broken the 2021 cost cap during investigations last year, as new spending restrictions in grand prix racing were enforced for... read more »

1

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

about 1 year ago

from: Autosport.com

( 484 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 »

1

Vasseur wants quicker, stricter action for future F1 cost cap breaches

about 1 year ago

from: Autosport.com

( 559 views )

Following the audit of the first year of F1's financial regulations in 2021, Red Bull was found to have exceeded the $145 million budget cap by 1.6%, resulting in a $7m... read more »

15

$5m Las Vegas GP ticket package to go on sale

about 1 year ago

from: MotorSportWeek.com

( 597 views )

A mammoth $5 million ticket package for the 2023 Las Vegas is to go on sale from Caesars Entertainment. F1 will compete in the Las Vegas streets next year, with the race... read more »

15

Brown: Another two years before cost cap makes F1 competitive

about 1 year ago

from: MotorSportWeek.com

( 649 views )

McLaren CEO Zak Brown says he believes that it will be another two years before Formula 1 has a deeply competitive field as a result of the budget cap. F1 introduced a cost cap... read more »

1

Why Aston Martin won't copy its way to Formula 1 success

about 1 year ago

from: Autosport.com

( 509 views )

The first stage of the team's new £200 million factory is due to open in May, acting as a big shot in the arm for its push to grow, while the arrival of Fernando Alonso is... read more »

9

Revealed: The eye-watering wages for Ferrari, McLaren and Sauber's new F1 bosses

about 1 year ago

from: Crash.Net

( 1384 views )

Frederic Vasseur, Andrea Stella and Andreas Seidl will reportedly earn between €6-8 million (£5.2-6.97m) when they begin their new F1 roles next season.  read more »

9

Why do Red Bull need to pay the FIA over £5 million for F1 2023?

about 1 year ago

from: Crash.Net

( 358 views )

The Red Bull F1 team have paid over £5 million in entry fees to the FIA as a result of their record-breaking 2022 campaign. read more »

15

Williams F1 awarded £26m after court case against ex-title sponsor

about 1 year ago

from: MotorSportWeek.com

( 1247 views )

Williams has won a court case against a former title sponsor, who is now forced to pay the Formula 1 team £26 million. The title sponsor in question, ROKiT, joined Williams in... read more »

9

Williams awarded £26 million after winning court case against former sponsor

about 1 year ago

from: Crash.Net

( 324 views )

ROKiT - the former title sponsor of Williams - have been ordered to pay the F1 team more than £26 million. read more »

1

FIA's Ben Sulayem reveals court case and $20 million deficit headaches

about 1 year ago

from: Autosport.com

( 720 views )

Ben Sulayem because the successor to Jean Todt in last December's election, and arrived at Formula 1's governing body in the days after the controversial 2021 Abu... read more »

1

Horner: Red Bull "firmly had a target on our back" off-track in F1 2022

about 1 year ago

from: Autosport.com

( 397 views )

Red Bull swept to both championships in 2022 as Max Verstappen scored a record 15 victories in a single season to clinch his second drivers' title.Sergio Perez finished... read more »

1

Red Bull cost cap sanction fair despite F1 rivals wanting "blood", says FIA

about 1 year ago

from: Autosport.com

( 499 views )

Red Bull was found guilty in October of having breached last year's cost cap limit. It was handed a $7 million fine and given a 10 percent reduction in wind tunnel time as... read more »

9

Viral rap song about Valtteri Bottas smashes 1m views inside 24 hours

about 1 year ago

from: Crash.Net

( 699 views )

Valtteri Bottas is the unlikely subject of a rap song that has amassed over a million views inside the first 24 hours of its release. read more »

9

The agonising financial cost of Mick Schumacher's crashes

about 1 year ago

from: Crash.Net

( 671 views )

Mick Schumacher reportedly did more than €3 million worth of damage to his car in the 2022 season. read more »

5

US F1 viewing figures up by 28% in 2022

about 1 year ago

from: Pitpass.com

( 366 views )

According to ESPN, the 2022 F1 season is the first in U.S. television history to average 1 million or more viewers per race, up 28% over the previous best in 2021. read more »

1

Mercedes: Red Bull's 25 percent F1 windtunnel deficit will bite

about 1 year ago

from: Autosport.com

( 524 views )

As part of its punishment for breaching last year's cost cap, Red Bull was handed a $7 million dollar fine and a 10% reduction in windtunnel time as part of F1's... read more »

3

Michael Schumacher's 2003 championship-winning F1 car sells for $14.8m

about 1 year ago

from: EspnF1.com

( 477 views )

Michael Schumacher's 2003 championship-winning Formula One car has sold at auction for $14.8 million (£12.9 million). read more »

9

Mind-blowing price-tag of Schumacher's Ferrari sold at auction

about 1 year ago

from: Crash.Net

( 614 views )

Michael Schumacher's classic Ferrari from 2003 has been sold at auction for £13 million ($15m) - making it the second-most expensive car ever. read more »

15

Schumacher’s 2003 title-winning F1 car sold for record price

about 1 year ago

from: MotorSportWeek.com

( 497 views )

Michael Schumacher’s 2003 Formula 1 World Championship-winning Ferrari car has sold for a record price at auction. The car is now the most valuable F1 car in modern history... read more »

15

Over half the F1 grid could breach 2022 cost cap – Horner

about 1 year ago

from: MotorSportWeek.com

( 458 views )

Christian Horner says that there could be at least six teams that are in breach of Formula 1’s budget cap in 2022. It was recently confirmed by the FIA that Red Bull had... read more »