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Latest F1 news about: Million

9

Ricciardo demands $21 million pay-off from McLaren

8 days 8 hours ago

from: Crash.Net

( 191 views )

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Daniel Ricciardo has reportedly demanded a $21 million pay-off from McLaren if they wish to terminate his F1 contract prematurely. read more »

15

Report: Ricciardo looking for $21 million pay-out from McLaren

8 days 9 hours ago

from: MotorSportWeek.com

( 185 views )

 ( 0 comments

Daniel Ricciardo is reportedly seeking a massive eight-figure sum in order to end his contract early with McLaren. Speedcafe.com reports that Ricciardo is looking for a $21... read more »

1

Wolff: Audi could provide more value than Andretti as 11th F1 team

11 days 13 hours ago

from: Autosport.com

( 205 views )

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US racing stalwart Michael Andretti's bid to expand his multi-series operation to F1 has been met by fierce resistance from most of the discipline's current 10... read more »

15

Formula 1 reports $240m rise in second quarter revenues

12 days 8 hours ago

from: MotorSportWeek.com

( 161 views )

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Formula 1 has released its second quarter earnings report, which shows a 49 per cent rise in revenue based on the same period in 2021. During the April to June period this... read more »

1

The risk the big F1 teams face with the updated cost cap

about 1 month ago

from: Autosport.com

( 177 views )

 ( 0 comments

It would be understandable if fans were left bemused by the ongoing saga of team bosses arguing about a few million dollars here and there.After all, this sport is supposed to... read more »

15

Ecclestone facing fraud charges over assets worth over £400m

about 1 month ago

from: MotorSportWeek.com

( 153 views )

 ( 0 comments

Ex-Formula 1 CEO Bernie Ecclestone is facing fraud charges over false representation of his overseas assets that are worth more than £400 million. The Crown Prosecution Service... read more »

35

Bernie Ecclestone hit with fraud charges, £400million in overseas assets undeclared

about 1 month ago

from: GPfans.com

( 127 views )

 ( 0 comments

Former F1 supremo Bernie Ecclestone has been charged with fraud over a failure to declare £400 million pounds [$477m] in overseas assets. read more »

3

F1 approves budget cap tweaks to reflect inflation

about 1 month ago

from: EspnF1.com

( 461 views )

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Formula One approved a small increase to its $140 million per team annual budget cap on Friday to help with the burden of inflation and rising energy and freight bills. read more »

2

F1 makes decision on calls for budget cap increase

about 1 month ago

from: PlanetF1.com

( 359 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

about 1 month ago

from: Autosport.com

( 109 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

Hamilton's Ignite initiative announces first diversity grants

about 1 month ago

from: Autosport.com

( 222 views )

 ( 0 comments

The initiative was launched last July by Hamilton and his Mercedes team, and is co-ordinated by his Mission 44 charitable foundation.The first recipients are Motorsport UK and... read more »

1

McLaren: Budget cap uncertainty has 'put handbrake' on F1 upgrades

about 1 month ago

from: Autosport.com

( 134 views )

 ( 0 comments

Amid ongoing debate among grand prix racing's chiefs about how best to address problems triggered by rising inflation and the cost of living crisis, teams are reluctant to... read more »

1

Horner warns of F1 "catastrophe" over budget cap crisis

about 1 month ago

from: Autosport.com

( 144 views )

 ( 0 comments

Amid a dramatic rise in inflation and a cost of living crisis, a number of squads are struggling to stay below the $140 million budget cap limit sent for this year.Some... read more »

1

Red Bull reveals plans for Newey-designed £5 million hypercar

about 1 month ago

from: Autosport.com

( 753 views )

 ( 0 comments

As part of an ambitious project revealed at the team's Milton Keynes factory on Tuesday, the car has been created by the F1 team's chief technical officer Adrian... read more »

9

Bernie tells Hamilton to take £20m payoff | Injury claim "b*******"

about 1 month ago

from: Crash.Net

( 180 views )

 ( 0 comments

Ex-F1 supremo Bernie Ecclestone has advised Lewis Hamilton to accept a £20 million payoff and quit F1 after his underwhelming start to the 2022 campaign. read more »

1

Ferrari: No easy solution to F1 salary cap debate

2 months ago

from: Autosport.com

( 146 views )

 ( 0 comments

F1 launched its first team budget cap in 2021 after a big push by the FIA and the commercial rights holder to make the series more financially sustainable.Teams were limited to... read more »

1

Alonso questions driver salary cap when F1 is "asking more from us"

2 months ago

from: Autosport.com

( 680 views )

 ( 0 comments

F1 introduced a budget cap at the start of the 2021 season, initially limiting teams to spending $145 million per year. This figure dropped to $140m for 2022 and will fall by a... read more »

15

Ferrari: F1 teams will hit budget cap 'very soon'

3 months ago

from: MotorSportWeek.com

( 270 views )

 ( 0 comments

Ferrari Team Principal Mattia Binotto has warned that Formula 1 teams will hit the budget cap cut off "very soon". Some outfits have called on F1 to raise the $140... read more »

1

Wolff: F1 budget cap allowance would help adjust staff salaries

3 months ago

from: Autosport.com

( 195 views )

 ( 0 comments

Following the pandemic and the war in Ukraine, inflation in several European countries has soared to its highest level in decades and the increased energy and transport costs... read more »

1

Steiner: F1 can't just open up budget cap for big teams

3 months ago

from: Autosport.com

( 198 views )

 ( 0 comments

F1's $145 million cost cap has come under increased pressure due to the rising inflation and energy prices as a result of Russia's invasion of Ukraine.Freight and... read more »

1

Why F1's top bosses are thinking about a "bigger future"

3 months ago

from: Autosport.com

( 304 views )

 ( 0 comments

Greg Maffei: Formula 1 has never been healthier from all indications. Fan interest is incredibly high. We have great on-track competition and we have helped the teams. When we... read more »

1

Ferrari: No chance of staying below current F1 $140m budget cap

3 months ago

from: Autosport.com

( 670 views )

 ( 0 comments

A dramatic rise in inflation and freight costs this year has put team budgets under pressure, and a number of squads are concerned that they are going to be unable to stay... read more »

15

Several F1 teams at risk of missing last few races - Horner

3 months ago

from: MotorSportWeek.com

( 245 views )

 ( 0 comments

Red Bull Formula 1 team principal Christian Horner has warned that several teams are at risk of missing the final few races of the 2022 F1 season because of the budget cap. The... read more »

35

F1 cost savings revealed without record-breaking 23rd race

3 months ago

from: GPfans.com

( 164 views )

 ( 0 comments

Haas team principal Guenther Steiner has calculated "a few million" is being saved this year following F1's decision not to stretch the calendar to a... read more »

15

Haas waiting four or five more F1 races for upgrades

3 months ago

from: MotorSportWeek.com

( 170 views )

 ( 0 comments

The Haas Formula 1 team says that it may be until July before it opts to bring updates to its 2022 challenger, the VF-22. This year, all teams are competing under a $140... read more »

Belgian Grand Prix

28th of August 2022

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