The Formula One Teams Association (FOTA) has hired advisors to help take a more influencing stake into the way Formula 1 is run. DV Advisory Partners was recruited last week as... read more »
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The Formula One Teams Association (FOTA) has stepped up its efforts to acquire a stake in the sport after confirming they have hired DC Advisory read more »
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Sep.15 (GMM) Martin Whitmarsh has confirmed a move by formula one teams to buy a stake in formula one. According to The Independent newspaper, the McLaren and FOTA chief... read more »
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Chairman of the Formula One Teams Association (FOTA) Martin Whitmarsh has revealed that the teams are making the first steps towards buying a stake in the sport's... read more »
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Sep.13 (GMM) 2012 US grand prix promoter Tavo Hellmund is being sued. Autoweek reports that the lawsuit has been filed by Texas attorney Randolph Ewing, who claims 5 per cent... read more »
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The Lotus car company has an option to acquire a 50% stake in the Lotus Renault GP Team which recorded a £34.3m loss in 2010. read more »
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For a number of reasons, Full Throttle Group, promoter of the US Grand Prix in Austin, is in pole position to come under the wing of the F1 Group. read more »
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Team Lotus owner Tony Fernandes has completed his takeover of Premiership football club Queens Park Rangers, having bought a 66 per cent stake in the London team from Formula 1... read more »
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Lotus team principal Tony Fernandes is poised to purchase 51 per cent of Bernie Ecclestone's stake in Premier League side Queens Park Rangers. read more »
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In front of close-to-capacity grandstands at the Hungaroring, LRGP was unable to stake its place in Q3 as Vitaly secured P12 while Nick ended his session in P14. The... read more »
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State prosecutors in Munich have charged Gerhard Gribkowsky, the former chairman of F1's former parent company SLEC, and the man who organised BayernLB's sale of a... read more »
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A Spanish investment company has taken a controlling stake in the Hispania Racing outfit. As rumoured on Sunday, the outfit has been taken over, not by read more »
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F1 2011 tailender Hispania Racing confirms that a majority stake in the team has been sold to Spanish venture capital firm Thesan Capital. read more »
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Spanish investment company Thesan Capital has taken a controlling stake in the Hispania Formula 1 team read more »
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Gerhard Gribkowsky is accused of receiving $50m for allegedly undervaluing a stake in SLEC which BayernLB sold to CVC in 2006. Independent proof now emerges that BayernLB got... read more »
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Bernie Ecclestone has brushed aside suggestions that the Formula One teams might take an ownership stake in F1 or set up a rival series in order to have a bigger say in the... read more »
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Formula One Teams' Association chairman Martin Whitmarsh says the teams should have a stake in the sport, following a FOTA meeting in Turkey. The meeting between read more »
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Amid speculation that News Corporation is lining up a bid for the sport's commercial rights, Formula One teams have revealed they are also interested in some level of... read more »
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Formula 1 teams say that ownership of a share in the sport is an ambition they are keen to achieve, after admitting in Turkey that they are are ready to listen to what News... read more »
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Martin Whitmarsh, chairman of the Formula 1 Teams Association, says his members aim to ultimately control the sport read more »
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CVC Capital Partners, the company which owns the sport of Formula One, has acknowledged that Exor/News Corporation have approached them with a view to buying a stake but... read more »
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Bernie Ecclestone has said that he is deciding whether or not to sell his stake of the Queens Park Rangers football club for around 100 million pounds. The head of the Formula... read more »
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Mercedes GP Team Principal Ross Brawn made some 100 million pounds by selling his final stake of the outfit which formerly carried his name to Daimler and Aabar Investments at... read more »
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Dutch investment company Cyrte has claimed a five percent stake of Williams Grand Prix Holdings PLC, with the squad co-owned by Sir Frank Williams and Patrick Head making... read more »
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Daimler AG today announced that, together with Aabar Investment PJS, it has acquired the remaining 24.9 per cent stake in Mercedes-Benz Grand Prix Ltd located in Brackley, UK... read more »