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Latest F1 news about: Financial

35

F1 continues to set records with $243million revenue increase

over 4 years ago

from: GPfans.com

( 868 views )

 ( 0 comments ) 

Liberty Media has reported a revenue increase of over $200million compared to last year for F1 in its latest financial report. read more »

15

Hamilton joins Denver Broncos ownership group

over 4 years ago

from: MotorSportWeek.com

( 985 views )

 ( 0 comments ) 

Seven-time Formula 1 World Champion Lewis Hamilton has joined the ownership group of NFL team Denver Broncos. No financial details of the development were released but the... read more »

15

Aston Martin set for Saudi Arabian PIF investment

over 4 years ago

from: MotorSportWeek.com

( 2595 views )

 ( 0 comments ) 

Aston Martin is set to receive major investment from the Saudi Arabian sovereign wealth fund, who will become one of the company's largest shareholder. The British... read more »

1

Stroll attracts new Saudi Arabian investment to Aston Martin

over 4 years ago

from: Autosport.com

( 1924 views )

 ( 0 comments ) 

Aston Martin Lagonda Holdings been hit over the past year by financial pressures, debt and a tumbling share price.In May CEO Tobias Moers, who had been headhunted by Stroll... read more »

6

Formula One announces further changes to the Technical, Financial and Sporting Regulations

over 4 years ago

from: F1Technical.net

( 1047 views )

 ( 0 comments ) 

Ahead of this weekend's Austrian Grand Prix, this year's third meeting of the Formula 1 Commission was held today which has confirmed some modifications to Formula... read more »

2

F1 makes decision on calls for budget cap increase

over 4 years ago

from: PlanetF1.com

( 1151 views )

 ( 0 comments ) 

A meeting of the F1 Commission has resulted in a decision being made regarding calls for the budget cap to be increased in light of inflation. With Formula 1’s financial... read more »

1

F1 agrees to budget cap increase for 2022 amid inflation pressure

over 4 years ago

from: Autosport.com

( 895 views )

 ( 0 comments ) 

F1 introduced its first set of financial regulations for the 2021 season, setting an initial budget cap for the year of $145 million per team. This dropped to $140m for 2022,... read more »

1

Steiner expects $200m F1 dilution fund to be adjusted in the future

over 4 years ago

from: Autosport.com

( 1190 views )

 ( 0 comments ) 

F1 is currently attracting interest from American racing marque Andretti Autosport as a potential 11th entry in the near future.But Andretti's plans have been met with a... read more »

5

F1 has "never been stronger", says Brown

over 4 years ago

from: Pitpass.com

( 1312 views )

 ( 0 comments ) 

McLaren boss, and so-called sponsorship guru, Zak Brown insists that, despite the financial crisis, F1 has "never been stronger". read more »

1

How a cost cap breach could decide the F1 world championship

over 4 years ago

from: Autosport.com

( 858 views )

 ( 0 comments ) 

According to the FIA financial regulations, that is a potential outcome should a team breach the cost cap limit, as several expect to.However, no one knows which penalties from... read more »

5

Williams fined for financial regulations breach

over 4 years ago

from: Pitpass.com

( 837 views )

 ( 0 comments ) 

In failing to file its 2021 financial reports on time, Williams has become the first team to be fined for breaching the new regulations. read more »

15

Williams fined for budget cap procedural breach

over 4 years ago

from: MotorSportWeek.com

( 1427 views )

 ( 0 comments ) 

Williams has been fined for a procedural breach of Formula 1's financial regulations. It is the first team to have been sanctioned since financial regulations were... read more »

1

Williams F1 team fined for financial rules procedure breach

over 4 years ago

from: Autosport.com

( 1688 views )

 ( 0 comments ) 

The FIA said Williams had failed to submit its complete full year reporting documentation from 2021 by the 31 March 2022 deadline, as required by article 5.1 of the... read more »

2

Williams hit with FIA penalty after budget cap rules breach

over 4 years ago

from: PlanetF1.com

( 820 views )

 ( 0 comments ) 

Williams have entered into an 'Accepted Breach Agreement' with the FIA, after the team broke the financial regulations applied for the 2021 season. read more »

2

How F1’s driver salary cap discussions are progressing

over 4 years ago

from: PlanetF1.com

( 756 views )

 ( 0 comments ) 

The possibility of drivers having their salaries capped under a broadening of the Formula 1 financial regulations is up for discussion. read more »

1

How F1 teams went from £1 rejects to billion-dollar forecasts

over 4 years ago

from: Autosport.com

( 1099 views )

 ( 0 comments ) 

Liberty's arrival marked a significant break from the past, replacing Bernie Ecclestone's wheeler-dealer and profit-focused approach with a broader view to growing... read more »

35

Horner backs F1 cost-cutting regional plan

over 4 years ago

from: GPfans.com

( 788 views )

 ( 0 comments ) 

Red Bull team principal Christian Horner is confident F1 CEO Stefano Domenicali's plan to regionalise the calendar will ease the financial burden on teams. read more »

1

Is F1 heading for a budget cap showdown over Red Bull and Ferrari development war?

over 4 years ago

from: Autosport.com

( 1271 views )

 ( 0 comments ) 

It was perhaps inevitable therefore that with the implementation of the FIA financial regulations the focus would move towards how closely those new rules are being... read more »

5

Miami boss surprised by inaugural event's financial loss

over 4 years ago

from: Pitpass.com

( 1194 views )

 ( 0 comments ) 

Despite the hype, the inaugural Miami Grand Prix was a loss maker, much to the surprise of co-promoter Tom Garfinkel. read more »

5

Liberty believes there is "no pressing need" for an 11th team

over 4 years ago

from: Pitpass.com

( 1048 views )

 ( 0 comments ) 

As Michael Andretti seeks official approval for his F1 entry, Liberty Media CEO, Greg Maffei believes there is "no pressing need" for an eleventh team... as the... read more »

35

F1 pandemic recovery continues as revenue doubles

over 4 years ago

from: GPfans.com

( 792 views )

 ( 0 comments ) 

F1 has continued its recovery from the coronavirus pandemic with its first-quarter financial reports showing a 100 per cent rise in revenue from 2021. read more »

1

Magnussen no longer has weight of F1 title dream on his shoulders

over 4 years ago

from: Autosport.com

( 2560 views )

 ( 0 comments ) 

Magnussen and team-mate Romain Grosjean were replaced by rookies Mick Schumacher and Nikita Mazepin for 2021, largely for financial reasons.But after Haas terminated... read more »

1

Why Formula 1 is pushing for sprint races expansion

over 4 years ago

from: Autosport.com

( 1157 views )

 ( 0 comments ) 

The original plan was an increase from the three staged in 2021 to six this season, but that was derailed by a debate over the financial implications amid a tighter budget cap.... read more »

2

Nikita and Dmitry Mazepin added to EU sanctions list

over 4 years ago

from: PlanetF1.com

( 879 views )

 ( 0 comments ) 

These sanctions could include travel and financial restrictions. read more »

2

Krack sees Sauber parallels in Aston Martin project

over 4 years ago

from: PlanetF1.com

( 790 views )

 ( 0 comments ) 

A midfield team punching above its weight with extra financial backing? It's a familiar story to Mike Krack. read more »