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Latest F1 news about: Financial

3

Grosjean says Haas decision based on 'financial reasons'

2 days 9 hours ago

from: EspnF1.com

( 105 views )

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Romain Grosjean was surprised that both he and Kevin Magnussen were axed by Haas for 2021, a decision explained to him as a financial one. read more »

2

‘For financial reasons, I need both of you out’

2 days 9 hours ago

from: PlanetF1.com

( 120 views )

 ( 0 comments

Romain Grosjean has revealed Haas team boss Guenther Steiner told him he needed two new drivers "for financial reasons". read more »

9

Grosjean: Double Haas F1 driver axe down to financial reasons

2 days 9 hours ago

from: Crash.Net

( 86 views )

 ( 0 comments

Romain Grosjean says Haas' decision to drop both of its drivers for the 2021 Formula 1 season was simply down to financial reasons. read more »

5

"Financial reasons" behind Haas decision, says Grosjean

2 days 10 hours ago

from: Pitpass.com

( 83 views )

 ( 0 comments

Romain Grosjean claims that he and teammate Kevin Magnussen were dropped by Haas for "financial reasons". read more »

1

Grosjean surprised both Haas F1 drivers to depart "for financial reasons"

2 days 10 hours ago

from: Autosport.com

( 94 views )

 ( 0 comments

Romain Grosjean says he was surprised when Haas Formula 1 boss Guenther Steiner told him that both current drivers would be dropped for 2021 for financial reasons read more »

15

Grosjean: Financial reasons led Haas to oust both drivers

2 days 10 hours ago

from: MotorSportWeek.com

( 91 views )

 ( 0 comments

Romain Grosjean says he was informed by Haas that the decision to retain neither him nor Kevin Magnussen for the 2021 Formula 1 season was taken for financial reasons. Grosjean... read more »

35

Surprised Grosjean reveals Haas wanted "both drivers out for financial reasons"

2 days 11 hours ago

from: GPfans.com

( 99 views )

 ( 0 comments

Outgoing Haas driver Romain Grosjean has revealed the team's hunger for financial backing was the reason he has been axed along with team-mate Kevin Magnussen. read more »

1

Coronavirus-forced F1 factory shutdown eased McLaren cash flow issues

about 1 month ago

from: Autosport.com

( 166 views )

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McLaren says Formula 1's move to impose factory closures during the coronavirus lockdown period was key to its team not being held back by early year financial headaches read more »

2

McLaren: Financial challenges will run into 2021

about 1 month ago

from: PlanetF1.com

( 185 views )

 ( 0 comments

McLaren believe the financial implications of the global health pandemic on Formula 1 will continue through to next year. read more »

5

Brown plays down McLaren funding fears

about 1 month ago

from: Pitpass.com

( 152 views )

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Zak Brown has dismissed talk that McLaren's intention to sell its factory signals further financial difficulties for the Woking-based team. read more »

15

McLaren to put its £200m factory up for sale

about 1 month ago

from: MotorSportWeek.com

( 151 views )

 ( 0 comments

McLaren is set to put its Formula 1 and automotive factories up for sale in a bid to secure much needed funds as a result of the coronavirus pandemic. McLaren’s financial... read more »

2

McLaren ‘seeking £200m’ from sale of Woking HQ

about 1 month ago

from: PlanetF1.com

( 196 views )

 ( 0 comments

McLaren Group are seeking a further financial boost by selling their Woking headquarters in a deal that could raise £200million. read more »

15

Mercedes F1 spent £333m in 2019 but still made a £14m profit

about 1 month ago

from: MotorSportWeek.com

( 154 views )

 ( 0 comments

Mercedes-Benz Grand Prix Limited, the company which encompasses the Mercedes-Benz AMG Formula 1 team, has released its latest financial results for 2019, which shows it spent... read more »

2

‘Merc didn’t get financial recognition in new deal’

about 1 month ago

from: PlanetF1.com

( 147 views )

 ( 0 comments

Although he signed the Concorde Agreement, Toto Wolff feels' Mercedes success has not be "recognised in terms of the financial split". read more »

30

Williams explains sale reasons; coy on her future

about 1 month ago

from: SkySports.com/F1

( 208 views )

 ( 0 comments

Claire Williams is confident the team's new owners have the financial firepower and wherewithal to take the former champions up the field, although remained coy about her... read more »

1

Wolff: Formula 1 nearing "biggest transition" in its history

about 1 month ago

from: Autosport.com

( 252 views )

 ( 0 comments

Toto Wolff believes Formula 1 is set for the "biggest transition" in its history through the upcoming changes to the technical and financial structure of the sport read more »

2

AlphaTauri: Constructor idea is out of date

2 months ago

from: PlanetF1.com

( 170 views )

 ( 0 comments

AlphaTauri team boss Franz Tost believes the idea of what defines a constructor is "out of date", especially given the world's financial situation. read more »

2

F1 posts big Q2 loss after pandemic lockdown

3 months ago

from: PlanetF1.com

( 251 views )

 ( 0 comments

Formula 1 has produced its 2020 Q2 financial figures - and unsurprisingly, due to the global health pandemic, revenues plummeted and a big loss was incurred. read more »

2

Wolff won’t comment on finances in Hamilton deal

3 months ago

from: PlanetF1.com

( 204 views )

 ( 0 comments

Toto Wolff says he won't comment on the financial side of Lewis Hamilton's contract renewal, but says the Brit understand the "world has changed a lot". read more »

15

Mercedes refusing to sign new Concorde Agreement, has the most to lose - Wolff

3 months ago

from: MotorSportWeek.com

( 182 views )

 ( 0 comments

Mercedes is “the biggest victim” in Formula 1’s latest Concorde Agreement according to Toto Wolff, which would result in a major financial hit for the German manufacturer.... read more »

35

Ferrari suffer "very sizeable" financial hit "in high tens of millions"

3 months ago

from: GPfans.com

( 306 views )

 ( 0 comments

Ferrari has revealed it will take a financial hit "in the high tens of millions" on its Formula 1 operations this year. read more »

1

Steiner: Haas not disappointed to lose US races amid financial insecurity

3 months ago

from: Autosport.com

( 198 views )

 ( 0 comments

Haas Formula 1 team boss Guenther Steiner insists that he wasn't disappointed to lose all four Americas races from the 2020 calendar, despite their importance to team... read more »

35

Funding has finally powered "special" Racing Point forward - Szafnauer

3 months ago

from: GPfans.com

( 401 views )

 ( 0 comments

Racing Point team principal Otmar Szafnauer believes the fact the team now has substantial financial support has enabled it to mix with the big teams in Formula 1. read more »

15

Hockenheim’s Formula 1 hopes over for 2020

3 months ago

from: MotorSportWeek.com

( 270 views )

 ( 0 comments

Officials at Hockenheim have confirmed that Formula 1 will not visit the circuit this year, citing financial concerns, and restrictions imposed due to the coronavirus.... read more »

5

Teams optimistic for the financial future of the sport

4 months ago

from: Pitpass.com

( 207 views )

 ( 0 comments

While the pandemic has highlighted the fragility of some teams, indeed the sport itself, moving forward such measures as the budget cap give cause for optimism. read more »

Portuguese Grand Prix

25th of October 2020

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