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Latest F1 news about: Fund

3

UK government set to fund Extreme E race in Scotland

about 1 month ago

from: EspnF1.com

( 228 views )

 ( 0 comments

The UK government finance minister Rishi Sunak announced in the autumn budget statement to parliament that the government intended to fund the Hebrides X-Prix. read more »

2

McLaren Group receive £550m in new investment

5 months ago

from: PlanetF1.com

( 320 views )

 ( 0 comments

McLaren Group are set for a £550m injection of capital, most of it via the sale of a stake in the company to the Saudi Public Investment Fund (PIF). read more »

15

Saudi Arabia contributes to £550m investment in McLaren

5 months ago

from: MotorSportWeek.com

( 393 views )

 ( 0 comments

The McLaren Group has raised £550 million in new investment which will help to support its automotive and racing divisions. The new investment comes from multiple sources, but... read more »

1

Saudi Arabia contributes to £550m boost for McLaren Group

5 months ago

from: Autosport.com

( 309 views )

 ( 0 comments

Much of the new funding comes from Saudi Arabia's Public Investment Fund [PIF], with some coming from existing investors, including Bahrain's Mumtalakat.McLaren says... read more »

1

F1 announces scholarship and internship plan to improve diversity

5 months ago

from: Autosport.com

( 382 views )

 ( 0 comments

As part of its We Race As One initiative, F1 announced in June 2020 that it would be forming a foundation to help fund scholarships and tuition for students from more diverse... read more »

1

Wolff says racing must be more affordable after Hamilton 'billionaire boys' comment

6 months ago

from: Autosport.com

( 546 views )

 ( 0 comments

Hamilton was raised on a council estate in Stevenage, with his father holding down multiple jobs to fund his early karting career that helped pave the way for his success in... read more »

2

Mazepin conduct influenced by fact ‘dad will keep paying’

7 months ago

from: PlanetF1.com

( 346 views )

 ( 0 comments

Ex-F1 driver Nicolas Kiesa says Nikita Mazepin races with the knowledge that his dad will fund him no matter what he does. read more »

3

Bottas sells Mercedes road car to help fund home go-kart track

7 months ago

from: EspnF1.com

( 469 views )

 ( 0 comments

Valtteri Bottas has put his Mercedes AMG GT road car up for sale to raise funds for his home go-kart track in Lahti, Finland. read more »

1

F1 planning free or discounted tickets to make races more accessible

9 months ago

from: Autosport.com

( 362 views )

 ( 0 comments

F1 has made improving diversity and inclusion a key part of its corporate strategy for the future through its We Race As One programme.The series has already revealed plans to... read more »

1

F1 explains university scholarship plan to improve diversity

9 months ago

from: Autosport.com

( 392 views )

 ( 0 comments

F1 announced last June that it would be forming a new foundation to help fund apprenticeships and scholarships to improve diversity within the series following a push from many... read more »

1

Capito convinced Williams can match McLaren's F1 revival

9 months ago

from: Autosport.com

( 582 views )

 ( 0 comments

Williams announced in December that ex-Volkswagen motorsport chief and McLaren CEO Capito would be joining the team in the new year, bolstering its management team.Capito was... read more »

1

Start-up Monaco team project remains interested in F1 entry

10 months ago

from: Autosport.com

( 409 views )

 ( 0 comments

A Monaco-based start-up team remains interested in a Formula 1 entry in the near future, calling a possible waiver of the $200m dilution fund fee "a step forward" read more »

15

F1 to bring back Virtual GPs with charity prize fund

11 months ago

from: MotorSportWeek.com

( 464 views )

 ( 0 comments

Formula 1's Virtual Grands Prix will return this winter with charity prizes on offer for the competing teams. Formula 1 launched an eight-event virtual series during the... read more »

15

Piquet points to finances as he exits F1 ladder

12 months ago

from: MotorSportWeek.com

( 458 views )

 ( 0 comments

Pedro Piquet, son of three-time Formula 1 World Champion Nelson, says he is no longer willing to fund a seat in feeder series, confirming that he will not stay in Formula 2... read more »

5

New teams will pay rivals $200m

about 1 year ago

from: Pitpass.com

( 335 views )

 ( 0 comments

Any new team entering F1 will need to pay $200m to the existing ten teams as part of a 'dilution fund'. read more »

15

New teams will have to pay rivals $200m to join F1 grid

about 1 year ago

from: MotorSportWeek.com

( 344 views )

 ( 0 comments

Any new teams looking to enter the FIA Formula 1 World Championship from 2021 will have to pay an advance of $200 million (£156m) to rival teams as part of a ‘Dilution Fund’.... read more »

1

New teams will have to pay $200m to join F1 grid for "dilution fund"

about 1 year ago

from: Autosport.com

( 517 views )

 ( 0 comments

New Formula 1 entrants must pay rival teams a total of $200 million, as part of a prize-money 'dilution find', if they want to join the grid from 2021 read more »

1

The Ferrari model that is behind Alpine's F1 push

about 1 year ago

from: Autosport.com

( 501 views )

 ( 0 comments

Enzo Ferrari made no secret of the fact that he only ever set up his road car operation so it could help fund his Formula 1 team read more »

1

New Williams F1 team owner has no links to Ecclestone

about 1 year ago

from: Autosport.com

( 482 views )

 ( 0 comments

Claire Williams has confirmed that the new owner of Williams has no links to ex-Formula 1 supremo Bernie Ecclestone, but would not reveal who is behind the investment fund read more »

6

FIA supports the diversity in motor sport with a huge donation

about 1 year ago

from: F1Technical.net

( 453 views )

 ( 0 comments

Formula One's governing body, the FIA will donate one millions euros from its FIA Innovation Fund to contribute to the WeRaceAsOne initiative that aims to improve... read more »

30

F1 set up diversity foundation; Carey donates $1m

about 1 year ago

from: SkySports.com/F1

( 440 views )

 ( 0 comments

Formula 1 has established a new foundation to fund internships and apprenticeships for people from underrepresented groups, with the sport's CEO Chase Carey making a... read more »

9

Carey donates $1m as F1 launches diversity foundation

about 1 year ago

from: Crash.Net

( 438 views )

 ( 0 comments

F1 chairman and CEO Chase Carey has personally pledged $1 million of his own money into a new foundation to help fund apprenticeships for under-represented groups. read more »

11

Formula 1 to launch diversity foundation to fund apprenticeships & scholarships

about 1 year ago

from: BBC.co.uk/F1

( 644 views )

 ( 0 comments

Formula 1 is launching a foundation to fund apprenticeships and scholarships to increase diversity in the sport. read more »

2

Jean Alesi sold F40 to fund son’s F2 career

about 1 year ago

from: PlanetF1.com

( 784 views )

 ( 0 comments

While F1 is taking steps to cut costs, Jean Alesi has revealed he has sold his Ferrari F40 in order to finance his son Giuliano's F2 career. read more »

35

Williams: Reduced prize fund endangers 'an awful lot' of teams

about 1 year ago

from: GPfans.com

( 754 views )

 ( 0 comments

Claire Williams has warned that "not just one or two teams" could drop out of Formula 1 if the prize fund drops significantly due to a shortened calendar. read more »

Saudi Arabian Grand Prix

5th of December 2021

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