Powered by F1reader.com | Close Top Bar

Latest F1 news about: Million

27

Lopez denies Lotus in financial strife

over 12 years ago

from: F1Zone.net

( 1333 views )

 ( 0 comments

Team owner Gerard Lopez on Saturday played down reports of financial strife at Lotus. Reportedly in debt to the tune of EUR 120 million, behind in payments to lead driver Kimi... read more »

15

Sauber deny Russian deal on brink of collapse

over 12 years ago

from: MotorSportWeek.com

( 1516 views )

 ( 0 comments

The media is awash with reports that Sauber's Russian backing is on the brink of collapse, and therefore the team is faced with being sold or closing its doors. The Swiss... read more »

27

Pirelli waiting for Sauber tyre bill

over 12 years ago

from: F1Zone.net

( 1637 views )

 ( 0 comments

Reports of a continuing financial crisis at Sauber are continuing to emerge. With the Swiss team’s Russian saviour deal still waiting to be finalised, Bild am Sonntag... read more »

15

Lotus owner hits back at financial crisis claims

over 12 years ago

from: MotorSportWeek.com

( 1609 views )

 ( 0 comments

Lotus team co-owner Gerard Lopez has hit back at claims the outfit is in financial crisis after reports suggested the team has debts of over £103 million... read more »

27

Lotus struggling with ‘money problems’

over 12 years ago

from: F1Zone.net

( 1443 views )

 ( 0 comments

Troubling signs of financial weakness are emerging from Lotus. The authoritative German website motorsport-total reports that, although in the hunt for the 2013 title, the... read more »

2

Tost: Costs simply running away

over 12 years ago

from: PlanetF1.com

( 655 views )

 ( 0 comments

Toro Rosso team boss Franz Tost has revealed that F1 teams face a "15, 20 million" increase in costs next season... read more »

9

Sauber bail-out dependent on Sirotkin superlicence?

over 12 years ago

from: Crash.Net

( 1250 views )

 ( 0 comments

Media reports on Sunday have suggested that the $305 million bailout of Sauber F1 by Russian investors won't happen unless and until Sergei Sirotkin gets his F1... read more »

9

F1 pays just 1m in corporation tax

over 12 years ago

from: Crash.Net

( 1341 views )

 ( 0 comments

The group that owns and operates F1 motor racing made a profit of 305 million in 2012, but paid the UK government just 1 million in tax according to a prospectus for the... read more »

3

F1 pays just £1m tax in UK

over 12 years ago

from: EspnF1.com

( 1035 views )

 ( 0 comments

Formula One pays under £1 million in UK tax on profits of over £300 million according to a report in the Independent read more »

15

Mateschitz will pay £16m Austrian race fee

over 12 years ago

from: MotorSportWeek.com

( 1684 views )

 ( 0 comments

Red Bull's Dietrich Mateschitz has denied that he has received any special discount from Bernie Ecclestone after it was announced that Formula 1 would return to Austria... read more »

15

Ecclestone indicted by German authorities

over 12 years ago

from: MotorSportWeek.com

( 1417 views )

 ( 0 comments

German prosecutors have charged Bernie Ecclestone over claims he bribed German banker Gerhard Gribkowsky following the sale of Formula 1 to CVC. The 82-year-old admitted to... read more »

27

Unpaid Ferrari could switch off Sauber engines

over 12 years ago

from: F1Zone.net

( 1349 views )

 ( 0 comments

Embattled Sauber could have its engine power switched off permanently on the day after the forthcoming Hungarian grand prix. Germany’s Die Welt newspaper reports that... read more »

4

Fangio’s Mercedes sold for £17.5 million

over 12 years ago

from: GPUpdate.net

( 1284 views )

 ( 0 comments

A Mercedes W196 driven by five-time Formula One world champion Juan Manuel Fangio during the 1954 season has been sold for $26.4 million (£17.5 million) at an auction... read more »

15

Sao Paulo to invest $90m in upgrading circuit

over 12 years ago

from: MotorSportWeek.com

( 1673 views )

 ( 0 comments

The Sao Paulo government has taken the first step in upgrading the Interlagos circuit by opening up a tender process to local construction companies. The city is at risk of... read more »

15

Mercedes W196 sells for record breaking £17.5m

over 12 years ago

from: MotorSportWeek.com

( 1696 views )

 ( 0 comments

A Mercedes W196 put up for Auction on Friday has sold for a record breaking £17.5 million ($26.5m) at the Goodwood Festival of Speed. The 1954 Mercedes - driven by... read more »

27

Unpaid suppliers file claims against ailing Sauber

over 12 years ago

from: F1Zone.net

( 1207 views )

 ( 0 comments

The depths of Sauber’s financial problems are now beginning to emerge. The Swiss business newspaper Handeslzeitung reports that dozens of unpaid suppliers to the... read more »

15

Fangio's Mercedes W196 to be auctioned

over 12 years ago

from: MotorSportWeek.com

( 2722 views )

 ( 0 comments

A rare Mercedes W196 driven by five-time world champion Juan Manuel Fangio, will be auctioned off at the Goodwood Festival of Speed and is expected to fetch more than... read more »

15

Ecclestone waives Nurburgring's hosting fee

over 12 years ago

from: MotorSportWeek.com

( 2172 views )

 ( 0 comments

Bernie Ecclestone has reportedly waived the hosting fee he charges the organisers of the German Grand Prix so the race can go ahead at the financially strained Nurburgring. The... read more »

15

Marussia unhappy with CVC's unfair treatment

over 12 years ago

from: MotorSportWeek.com

( 2126 views )

 ( 0 comments

Marussia are currently without a commercial deal with Bernie Ecclestone - the only team on the grid in such a position - and chief executive Graeme Lowdon believes they're... read more »

4

Marussia asks for prize money parity

over 12 years ago

from: GPUpdate.net

( 972 views )

 ( 0 comments

Marussia has asked Bernie Ecclestone, CEO of Formula One Management, for a more "level playing field" in terms of the way the sport’s prize money is... read more »

4

Alonso highest paid F1 driver on Forbes list

over 12 years ago

from: GPUpdate.net

( 1484 views )

 ( 0 comments

Fernando Alonso is the best paid F1 driver, according to the latest Forbes Highest-Paid Athletes list. The Spaniard apparently earns $30 million a year, of which $28m is from... read more »

4

Rihanna to headline Singapore GP concert

over 12 years ago

from: GPUpdate.net

( 1484 views )

 ( 0 comments

Singapore Grand Prix organisers have announced that Rihanna is to headline this year's race day concert. The Barbadian recording artist, who has sold more than 41... read more »

27

Money and driver trouble for Lotus

over 12 years ago

from: F1Zone.net

( 1600 views )

 ( 0 comments

Lotus has recorded the biggest financial loss in motor racing history, according to F1 business journalist Christian Sylt. A report in the Telegraph said the Enstone based... read more »

15

Renault charging £18m for 2014 engine supply

over 12 years ago

from: MotorSportWeek.com

( 1880 views )

 ( 0 comments

Formula One teams face a massive 150 per cent hike in the cost of their 2014 engine supply when the sport switches to turbo-charged V6 power units. At present, engine supply to... read more »

15

Ecclestone unconcerned by impending legal fight

over 12 years ago

from: MotorSportWeek.com

( 1524 views )

 ( 0 comments

The face of Formula One might be about to change after German authorities confirmed they will press ahead with bribery charges against F1 supremo Bernie Ecclestone. The... read more »