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Latest F1 news about: Financial

9

F1 budget cap Mercedes' 'enemy'? Wolff rules out all-new chassis design in 2023

9 days 23 minutes ago

from: Crash.Net

( 101 views )

 ( 0 comments

Toto Wolff has admitted Mercedes' route towards a new car concept will be limited by F1's financial regulations meaning they will be unable to introduce a new chassis... read more »

1

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

25 days 5 minutes ago

from: Autosport.com

( 171 views )

 ( 0 comments

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 »

35

F1 boasts $437m revenue increase amid continued popularity boom

25 days 3 hours ago

from: GPfans.com

( 153 views )

 ( 0 comments

Liberty Media has revealed a $437million F1 revenue increase in 2022 after posting its end-of-year financial report. read more »

1

Red Bull aero penalty will "hurt", but not too much, say F1 rivals

about 1 month ago

from: Autosport.com

( 241 views )

 ( 0 comments

The Milton Keynes-based squad was handed a $7 million fine and a 10% reduction in its aero development allowance as the result of being found to have overspent on its way to... read more »

35

F1 Budget Cap explained: How much is it, and how does it work?

about 1 month ago

from: GPfans.com

( 291 views )

 ( 0 comments

F1's budget cap has been vital in securing financial stability for teams in the sport since being introduced for the 2021 season. read more »

6

F1 to introduce new wet-weather tyre among other key tweaks to the regulations

about 1 month ago

from: F1Technical.net

( 1119 views )

 ( 0 comments

The Formula 1 Commission held their first meeting of 2023 in London on Tuesday ahead of the start of the new Formula 1 season, as regulatory changes including a new wet-weather... read more »

35

F1 CEO Domenicali expecting budget cap 'attention'

about 1 month ago

from: GPfans.com

( 233 views )

 ( 0 comments

F1 CEO Stefano Domenicali has conceded he expects "a lot of attention" around the sport's financial regulations this year after Red Bull was penalised for a... read more »

1

Horner: Red Bull faces "significant handicap" with F1 aero testing restrictions

about 1 month ago

from: Autosport.com

( 279 views )

 ( 0 comments

Introduced ahead of the 2021 season, the ATR was conceived in tandem with the budget cap to inspire a more competitive field and increase the financial sustainability of the... read more »

1

FIA formally opens process for new F1 teams to join the grid

about 1 month ago

from: Autosport.com

( 266 views )

 ( 0 comments

Following FIA president Mohammed Ben Sulayem's statement earlier this year that he wanted the governing body to evaluate the idea, documents have now been formally... read more »

1

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

about 1 month ago

from: Autosport.com

( 332 views )

 ( 0 comments

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 »

9

Ex-Ferrari chief banned after involvement in Italian football scandal

2 months ago

from: Crash.Net

( 555 views )

 ( 0 comments

Maurizio Arrivabene has been banned from Italian football for two years due to his involvement in a financial scandal at Juventus. read more »

35

Williams concede historic shortfall behind continued struggles

2 months ago

from: GPfans.com

( 234 views )

 ( 0 comments

Former Williams team principal Jost Capito has lamented the historic financial shortcomings that continue to hurt the outfit. read more »

22

Video: Girls on Track UK At University College London With Ignite Partnership

2 months ago

from: YouTube.com

( 336 views )

 ( 0 comments

Continuing to encourage change. We were delighted to be able to support Girls on Track at a recent all day event at University College London. The financial support provided by... read more »

1

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

2 months ago

from: Autosport.com

( 230 views )

 ( 0 comments

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 »

15

Ferrari stops Binotto from taking on F1 role until 2024

3 months ago

from: MotorSportWeek.com

( 218 views )

 ( 0 comments

Mattia Binotto will not be returning to a Formula 1 position during the 2023 season after being given added financial compensation by Ferrari. A report from formu1a.uno states... read more »

9

Ferrari block Binotto from making F1 team switch until 2024

3 months ago

from: Crash.Net

( 179 views )

 ( 0 comments

Ferrari have given former team boss Mattia Binotto added financial compensation to ensure he doesn't move to a rival F1 team until 2024 at the earliest. read more »

1

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

3 months ago

from: Autosport.com

( 309 views )

 ( 0 comments

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 »

35

Alpine reveal 'people stuffing' as F1 rivals find budget cap loopholes

3 months ago

from: GPfans.com

( 432 views )

 ( 0 comments

Alpine team principal Otmar Szafnauer has conceded an early advantage held by the team within F1's new financial regulations is now beginning to dissipate as rival teams... read more »

35

Has F1's budget cap prevented mass exodus?

4 months ago

from: GPfans.com

( 1323 views )

 ( 0 comments

F1 introduced its first budget cap last year via financial regulations aimed at levelling the playing field alongside the new aerodynamic rules. read more »

22

Video: My Job in F1: Chris | Deputy Chief Financial Officer

4 months ago

from: YouTube.com

( 245 views )

 ( 0 comments

Meet Chris, our Deputy Chief Financial Officer! ? In a Cost Cap era, it’s all about optimising performance with the resources you have. That’s where Chris and the Finance team... read more »

9

The agonising financial cost of Mick Schumacher's crashes

4 months ago

from: Crash.Net

( 456 views )

 ( 0 comments

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

1

FIA president Ben Sulayem reveals single seater changes to help female drivers

4 months ago

from: Autosport.com

( 180 views )

 ( 0 comments

Speaking at the Financial Times and Motorsport Network's Business of F1 Forum at the Abu Dhabi Grand Prix, Ben Sulayem said that efforts were being ramped up to help... read more »

1

Mercedes F1 team left in "disbelief" over FTX collapse

4 months ago

from: Autosport.com

( 292 views )

 ( 0 comments

The German manufacturer made the decision to suspend its sponsorship deal with FTX on the eve of the Brazilian Grand Prix in the wake of the company's much-publicised... read more »

1

Mercedes to retain FTX logos despite crypto exchange crisis

5 months ago

from: Autosport.com

( 302 views )

 ( 0 comments

FTX is facing bankruptcy if it cannot raise billions of dollars to get itself out of a liquidity crisis that erupted at its affiliated Alameda Research company this week.An... read more »

5

Domenicali confident F1 will be "protected" from global recession

5 months ago

from: Pitpass.com

( 435 views )

 ( 0 comments

Whatever the true cause of the global recession, which in reality is only just getting started, F1 CEO, Stefano Domenicali is confident that almost everything is in place for... read more »

Australian Grand Prix

2nd of April 2023

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