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Latest F1 news about: Financial

35

F1 CEO Domenicali expecting budget cap 'attention'

over 2 years ago

from: GPfans.com

( 696 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

over 2 years ago

from: Autosport.com

( 1067 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

over 2 years ago

from: Autosport.com

( 717 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

over 2 years ago

from: Autosport.com

( 799 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

over 2 years ago

from: Crash.Net

( 949 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

over 2 years ago

from: GPfans.com

( 697 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

over 2 years ago

from: YouTube.com

( 802 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

over 2 years ago

from: Autosport.com

( 880 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

over 2 years ago

from: MotorSportWeek.com

( 684 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

over 2 years ago

from: Crash.Net

( 584 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

over 2 years ago

from: Autosport.com

( 860 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

over 2 years ago

from: GPfans.com

( 926 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?

over 3 years ago

from: GPfans.com

( 1918 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

over 3 years ago

from: YouTube.com

( 752 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

over 3 years ago

from: Crash.Net

( 913 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

over 3 years ago

from: Autosport.com

( 598 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

over 3 years ago

from: Autosport.com

( 944 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

over 3 years ago

from: Autosport.com

( 763 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

over 3 years ago

from: Pitpass.com

( 849 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 »

15

F1 ‘ready to discuss’ adding new team to grid

over 3 years ago

from: MotorSportWeek.com

( 895 views )

 ( 0 comments

Formula 1 is ready to enter talks with a potential new team, but asserts that any addition must bring financial and sporting value to the grid. The sport has operated with 10... read more »

9

Will Red Bull's punishment deter future F1 cost cap breaches?

over 3 years ago

from: Crash.Net

( 1018 views )

 ( 0 comments

Red Bull's 2021 F1 cost cap overspend has divided opinion in the paddock, but has the FIA's punishment reinforced the financial regulations? read more »

1

Ferrari unhappy with "very limited" impact of F1 cost cap penalty on Red Bull

over 3 years ago

from: Autosport.com

( 981 views )

 ( 0 comments

The FIA announced on Friday it had reached an Accepted Breach Agreement with Red Bull over its alleged breach of last year's financial regulations.The agreement saw Red... read more »

35

Wolff - "Reputational damage" beyond Red Bull budget cap sanction

over 3 years ago

from: GPfans.com

( 813 views )

 ( 0 comments

Mercedes team principal Toto Wolff has dismissed breaching F1's budget cap in the future as he fears the "reputational damage" would outweigh any sporting or... read more »

1

Autosport Podcast: Red Bull's F1 cost cap punishment explained

over 3 years ago

from: Autosport.com

( 820 views )

 ( 0 comments

F1's governing body revealed after the Japanese GP that both Red Bull and Aston Martin were in breach of F1's financial regulations for 2021, putting them at risk of... read more »

6

FIA hands Red Bull and Aston Martin fine for breach of 2021 Financial Regulations

over 3 years ago

from: F1Technical.net

( 800 views )

 ( 0 comments

The FIA has handed Red Bull Racing and Aston Martin a fine after striking an agreement over their Formula 1 budget cap breach and procedural breach in 2021. read more »