Bernie Ecclestone has now appointed a Daimler executive
F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor.
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Tag Archive: Telegraph
May 13
Lotus sells team stake, Mercedes on F1 board
Apr 12
Nice guys don’t win F1 titles – Surer
The big victim of the ‘Multi-21′ affair has been Sebastian Vettel’s image.
Previously the British humour-cracking and Beatles-loving ‘Mr Nice Guy’, the triple world champion’s reputation has come crashing down after ignoring team orders in Malaysia and then declaring Mark Webber didn’t “deserve” to be left in the lead.
Feb 18
F1 to proceed with float in October – source
Owner CVC looks set to proceed with the floatation of formula one later this year, according to F1 business journalist Christian Sylt.
Late last year, Sylt said CVC had decided to continue to delay the planned Singapore floatation until at least 2014. But in a new report for the Telegraph, he quotes a ‘senior source’ as saying CVC is now eyeing October, when it hopes the European financial crisis and the Gribkowsky corruption affair in Germany will be resolved.
Jan 25
Mercedes offered Lowe a million euros – report
Mercedes has offered Paddy Lowe a million euros per year to switch from McLaren, the major German newspaper Bild claims.
None other than Mercedes team boss Ross Brawn on Thursday confirmed that talks with McLaren’s technical director have taken place, although Brawn strongly denied that he is being lined up to oust him.
Nov 30
Ecclestone, FIA, say Vettel will stay 2012 champion
Bernie Ecclestone has slammed as a “complete joke” Ferrari’s efforts to question the outcome of the 2012 world championship.
The controversy erupted when video footage emerged – and was circulated widely by “Fernando Alonso’s management” according to Sport Bild – of Sebastian Vettel purportedly overtaking illegally under yellow flag conditions at Interlagos. Ferrari confirmed that it asked the governing body for “clarification”, and spokesman Luca Colajanni insists the Maranello team has “until tomorrow (Friday) to file an appeal”.