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Latest F1 news about: Payment

1

Red Bull F1 team records increased turnover of £385m in 2022

2 months ago

from: Autosport.com

( 230 views )

The organisation has a different business model compared to other teams, with the RBT group acting as the parent company of Red Bull Racing, and the latter officially employing... read more »

5

LKYSUNZ clarifies anti-dilution comment

3 months ago

from: Pitpass.com

( 304 views )

2026 hopeful LKYSUNZ has clarified a comment it made on Friday in relation to the anti-dilution payment to be made to existing teams should its entry be accepted. read more »

5

Many teams eager to enter F1, says Domenicali

8 months ago

from: Pitpass.com

( 221 views )

F1 CEO, Stefano Domenicali claims that there are many new teams expressing an interest to enter the sport, whilst admitting that the anti-dilution payment will need to rise... read more »

1

How Liberty is "playing long game" to help F1 teams make money

9 months ago

from: Autosport.com

( 458 views )

On Wednesday F1 announced increased revenue and profits for 2022, as well as a record overall payment of over $1.1 billion split between the 10 teams.In the early years of... read more »

1

Haas: No plans to change F1 team model despite nearing budget cap

10 months ago

from: Autosport.com

( 510 views )

Haas announced in October that international payment company MoneyGram would be joining as its new title sponsor, providing a big financial boost to one of the smallest... read more »

1

Haas: New F1 title sponsor will allow team to reach budget cap

about 1 year ago

from: Autosport.com

( 659 views )

Haas announced on Thursday ahead of the United States Grand Prix that it had struck a deal with American payment company MoneyGram, which will become its title sponsor as of... read more »

1

F1 finally approves six sprints race for 2023 following FIA delay

about 1 year ago

from: Autosport.com

( 684 views )

F1 teams and the sport's owners Liberty Media had unanimously backed plans back in April to expand the sprint race roster next season following the success of recent... read more »

9

Ex-Force India owner Vijay Mallya jailed over $40m payment

about 1 year ago

from: Crash.Net

( 437 views )

Vijay Mallya, the former owner of the Force India F1 team, has been sentenced to a four-month jail sentence over a $40m transfer to his children linked to his failed airline. read more »

18

Video: Why F1 Teams DON'T Want Andretti To Join Formula 1

about 1 year ago

from: Autosport Videos

( 776 views )

Why would Andretti Autosport racing in Formula 1 hurt the current 10 teams on the grid? Michael Andretti, head of the Andretti teams in Indycar, Formula E, Supercars and more,... read more »

2

Hamilton title loss saw Bottas lose bonus payment

about 1 year ago

from: PlanetF1.com

( 883 views )

Lewis Hamilton lost the title in Abu Dhabi, resulting in Valtteri Bottas losing out on some extra money. read more »

9

Red Bull targets US market as latest F1 team to sign crypto firm deal

over 2 years ago

from: Crash.Net

( 524 views )

Red Bull Formula 1 team has announced it has signed a new partnership with lead US mobile payment service, Cash App. read more »

2

Sprint race payout means budget cap already failing

over 2 years ago

from: PlanetF1.com

( 494 views )

With the news that teams will receive an extra payment to cover the costs of sprint race damage, it is a hit for the fledgling budget cap. read more »

35

No racing in 2020 would be "devastating for all teams"

over 3 years ago

from: GPfans.com

( 1083 views )

McLaren have not received any advanced payment from Liberty Media says CEO Zak Brown, the Formula 1 owners having offered assistance to 'certain teams'. read more »

1

Force India and Sauber drop EU complaint against Formula 1

over 5 years ago

from: Autosport.com

( 1240 views )

Force India and Sauber have dropped the complaint they made to the European Union Competitions Commission regarding Formula 1's governance and payment structure read more »

9

Horner: F1 bracing for payment drop until 2021

over 6 years ago

from: Crash.Net

( 1991 views )

Red Bull's Christian Horner fears F1 teams could feel the pinch of Liberty’s changes to the sport until potentially 2021 as the new owners invest in other areas. read more »

1

Williams early-2017 profit boosted by Mercedes payment for Bottas

over 6 years ago

from: Autosport.com

( 1800 views )

The Williams Formula 1 team's profit during the first half of 2017 was boosted by a payment from Mercedes for releasing Valtteri Bottas, Autosport has learned read more »

1

Zak Brown: McLaren F1 team open to compromise on special payment

over 6 years ago

from: Autosport.com

( 1318 views )

McLaren would be open to compromise on the special payment it receives as part of an overhaul of Formula 1's revenue distribution, according to the team's executive... read more »

1

Force India boss hits back at Haas over Formula 1 payment system

over 6 years ago

from: Autosport.com

( 2232 views )

Force India boss Vijay Mallya is "disappointed" that fellow team owner Gene Haas has expressed support for Formula 1's current income distribution system read more »

2

Serious Fraud Office reviewing £3.9m F1 deal

over 6 years ago

from: PlanetF1.com

( 984 views )

The Serious Fraud Office are currently "reviewing material" relating to a £3.9million payment made by Formula 1's commercial rights holder to the FIA. read more »

11

Fraud Office 'reviewing' £3.9m F1 payment

over 6 years ago

from: BBC.co.uk/F1

( 1694 views )

The Serious Fraud Office says it is "reviewing material" relating to a payment made by Formula 1's commercial rights holder to the FIA. read more »

5

Ecclestone defends Ferrari bonus

over 6 years ago

from: Pitpass.com

( 1331 views )

Bernie Ecclestone has defended the £80m 'historic' bonus payment to Ferrari which is now under threat. read more »

9

F1 payment changes needed now Sauber pleads

over 6 years ago

from: Crash.Net

( 1180 views )

"We don't see how the [current] system is going to work until 2020, if certain financial privileges are given irrespective of what the result is..." - Monisha... read more »

29

Plug could be pulled on Ferrari bonus payment

over 6 years ago

from: TheCheckeredFlag.co.uk

( 1158 views )

Liberty Media Chief Executive Greg Maffei has hinted that F1 prize money allocation may be adjusted, something Ferrari might not be too happy about. read more »

1

Force India F1 team requests payment advance from Bernie Ecclestone

over 7 years ago

from: Autosport.com

( 1627 views )

Force India has made a request to Formula 1 boss Bernie Ecclestone for an advance on its championship payments for next year, Autosport understands read more »

1

European Union's F1 investigation moves to 'the next level'

over 7 years ago

from: Autosport.com

( 1806 views )

The European Union Competitions Commission enquiry into Formula 1's governance and payment structure has moved to the "next level", according to Force India... read more »