Powered by F1reader.com | Close Top Bar

Latest F1 news about: Financial

1

Tost: Changes to F1 cost cap rules must be done 'in a proper way'

over 4 years ago

from: Autosport.com

( 1259 views )

 ( 0 comments

The 2021 season marks the first year that F1 is racing under a new budget cap and financial regulations, limiting each team to spending $145 million per season.Within the... read more »

1

Ferrari wants clarity on F1 financial rules penalties

over 4 years ago

from: Autosport.com

( 1001 views )

 ( 0 comments

F1 introduced all-new financial regulations for the 2021 season to enforce a new budget cap of $145 million per year for each team.Within the financial regulations, F1... read more »

5

WMSC confirms the financial allowances for Sprint Qualifying

over 4 years ago

from: Pitpass.com

( 689 views )

 ( 0 comments

The FIA's World Motor Sport Council has confirmed the financial allowances in terms of damage incurred in Sprint Qualifying events. read more »

1

Three F1 teams voted against sporting penalties for budget cap breaches

over 4 years ago

from: Autosport.com

( 896 views )

 ( 0 comments

F1 introduced a new $145 million budget cap for the 2021 season, policed by an all-new set of financial regulations that worked alongside the sporting and technical... read more »

1

FIA rubber stamps sprint race crash damage deal with F1 teams

over 4 years ago

from: Autosport.com

( 1075 views )

 ( 0 comments

The latest changes to the 2021 FIA Financial Regulations include official confirmation of the numbers that were finally agreed after months of debate between the teams, the FIA... read more »

15

Financial allowances for Formula 1’s Sprint Qualifying trial revealed

over 4 years ago

from: MotorSportWeek.com

( 979 views )

 ( 0 comments

Formula 1’s budget cap regulations have been amended in light of Sprint Qualifying getting the green light for inclusion at three races this season. The championship is... read more »

1

F1 set to sign off sprint races plan before Portuguese GP

over 4 years ago

from: Autosport.com

( 791 views )

 ( 0 comments

Following lengthy discussions about the idea of holding a trio of sprint race Saturday events this year, a framework of rules plus an extra financial package have been put in... read more »

2

Cost cap benefit for McLaren’s clean races – Seidl

over 4 years ago

from: PlanetF1.com

( 724 views )

 ( 0 comments

Andreas Seidl says having two clean opening rounds of the season have put McLaren's minds at ease from a financial point of view. read more »

35

Mercedes concerned "extensive" Bottas crash damage could hurt title bid

over 4 years ago

from: GPfans.com

( 1236 views )

 ( 0 comments

Mercedes trackside engineering director Andrew Shovlin has conceded he fears the team's title bid could be hindered by the financial impact of Valtteri Bottas' Imola... read more »

15

Canadian GP behind closed doors still possible – but hurdles remain

over 4 years ago

from: MotorSportWeek.com

( 1530 views )

 ( 0 comments

Formula 1's Canadian Grand Prix could still be held on its June 13 date, albeit behind closed doors, though crucial decisions over entry measures and financial... read more »

15

Teams agree financial package to cover Sprint Qualifying races

over 4 years ago

from: MotorSportWeek.com

( 805 views )

 ( 0 comments

Formula 1’s plans for three ‘Sprint Qualifying’ sessions this season look set to go ahead, following weeks of discussions which have led to a financial package being agreed... read more »

2

F1 teams agree financial package for sprint races

over 4 years ago

from: PlanetF1.com

( 711 views )

 ( 0 comments

Sprint races are believed to have got the go-ahead, with teams reportedly happy with a financial agreement in place to cover extra costs. read more »

1

F1 sprint race plan set for green light as teams agree financial deal

over 4 years ago

from: Autosport.com

( 833 views )

 ( 0 comments

As previously reported by Autosport, F1's desire to run Saturday sprint races at three grands prix this year had hit a snag with teams not happy about the extra costs... read more »

1

Does Aston Martin's low-rake pain mean 2021 is a write off?

over 4 years ago

from: Autosport.com

( 1418 views )

 ( 0 comments

It's a question that even the team itself can't yet answer, despite the example of Mercedes providing some encouragement.This was supposed to be the year when,... read more »

1

Meeting new F1 budget cap a "significant challenge" for Red Bull

over 4 years ago

from: Autosport.com

( 1330 views )

 ( 0 comments

F1 teams will operate under strict financial regulations for the first time in the series' history this year after moving to curb costs to become more sustainable.In the... read more »

1

F1 explains Amazon talks over TV rights and streaming

over 4 years ago

from: Autosport.com

( 1042 views )

 ( 0 comments

A report from the Financial Times in December claimed that F1 was in "advanced" talks with Amazon over streaming races in 2021, building on an existing partnership... read more »

2

Williams receiving ‘fantastic’ backing from Dorilton

over 4 years ago

from: PlanetF1.com

( 682 views )

 ( 0 comments

Williams' new CEO, Jost Capito, has described the level of financial support the team are receiving from owners Dorilton Capital as "absolutely fantastic". read more »

15

Mazepin unmoved by criticism of financial backing

over 4 years ago

from: MotorSportWeek.com

( 871 views )

 ( 0 comments

Nikita Mazepin says he is determined to "prove myself" in Formula 1 regardless of the financial backing that has facilitated his rise to the championship. Mazepin... read more »

2

F1 made record loss in disrupted 2020 season

over 4 years ago

from: PlanetF1.com

( 770 views )

 ( 0 comments

Formula 1 has unsurprisingly posted its biggest ever loss in Liberty Media's financial results covering the 2020 season, which was badly disrupted by the health pandemic. read more »

5

F1 reports record $386m loss in 2020

over 4 years ago

from: Pitpass.com

( 611 views )

 ( 0 comments

As F1 reveals the financial figures for the final-quarter in 2020, the sport reports a record loss of $386m (£276m). read more »

15

Formula 1 posts $386m loss, team payments cut by 30% in 2020

over 4 years ago

from: MotorSportWeek.com

( 843 views )

 ( 0 comments

Formula 1 has posted a record loss of $386 million as a result of the COVID-19 pandemic, which had a major impact on the 2020 F1 season and therefore the sport’s finances. F1’s... read more »

6

Williams Racing renews its partnership with Financial Times

over 4 years ago

from: F1Technical.net

( 771 views )

 ( 0 comments

Williams Racing has announced a renewal of the team's partnership agreement with the Financial Times ahead of the 2021 FIA Formula One World Championship season. read more »

35

Mercedes' loss of financial power "a huge challenge"

over 4 years ago

from: GPfans.com

( 1198 views )

 ( 0 comments

Mercedes technical director James Allison has described the adaption to Formula 1's new budget cap as "a huge challenge" for the team. read more »

15

McLaren Racing posts reduced £71 million loss

over 4 years ago

from: MotorSportWeek.com

( 1468 views )

 ( 0 comments

McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019 financial year, which was £13m ($18m) less than the £84.4m ($117m) loss is posted in 2018. The team saws its... read more »

15

Working group to investigate F1 driver salary cap

over 4 years ago

from: MotorSportWeek.com

( 924 views )

 ( 0 comments

Formula 1 will create a working group, which will include drivers, in order to evaluate the possibility of introducing tighter financial control on leading figures in the... read more »