F1’s unnamed 13th team for 2011 must pay a EUR 19 million deposit, Bernie Ecclestone has revealed. In a bid to attract new teams, the sport recently abolished the long-standing ...
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FIA budget to have 7m euro shortfall – report
7 million euros will be missing from the budget of F1’s governing FIA in 2011. A report in the British Express newspaper claims the shortfall is due to the expiry ...
Read More »Ecclestone happy with new Silverstone
As Silverstone’s new 17-year contract kicks off this weekend, Bernie Ecclestone said he is happy with the circuit. The F1 chief executive has been a staunch critic of the ageing ...
Read More »Schumacher would be winning with Red Bull car – Ecclestone
The Mercedes car is the reason for Michael Schumacher’s performance struggle in 2010. That is the belief of F1 chief executive Bernie Ecclestone, when assessing the first half of the ...
Read More »‘Glad’ Ecclestone flags less teams for F1
Although moves are afoot to fill the 13th team space in pitlane, Bernie Ecclestone thinks formula one could actually lose a team in 2011. And the F1 chief executive said ...
Read More »Texas F1 officials to attend British GP
Leading figures of the 2012 United States grand prix in Texas will be trackside at Silverstone this weekend. According to the local Austin newspaper Statesman, promoter Tavo Hellmund as well ...
Read More »Chris Pook involved in New Jersey F1 race bid
Chris Pook has confirmed he is involved with plans for a second formula one race in the United States. Pook is a British businessman who championed the famous Long Beach ...
Read More »Construction of Korea F1 track ‘delayed’ – official
Construction of Korea’s formula one circuit is running late. Based on a statement provided by race promoters KAVO on Tuesday, it was reported by multiple outlets that construction of the ...
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