Tag Archive: Bernie Ecclestone

Nov 28

No engine ‘discount’ for small teams – report

The F1 Commission this week failed to act on the issue of the sport’s struggling small teams.

2014-10-11 - Mercedes AMG Petronas Formula One Team - Russia - Sochi (5) A report at Italy’s specialist Autosprint described the Geneva meeting as a “fiasco”, as 29 items were on the agenda “but only six were actually discussed”. Read the rest of this entry »

Nov 27

F1 votes on rule changes for 2015 season

F1 has moved to scrap the highly controversial double points system ahead of the 2015 season.

Bernie Ecclestone -Donald Mackenzie Bernie Ecclestone’s innovation, designed to keep spice in the championship fight until the final corners of the season, has been furiously unpopular. Read the rest of this entry »

Nov 26

Denmark eyes F1 race for 2018

Denmark is the latest country in the queue to host a formula one race.

Red with a white cross that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist sideThe Danish newspaper Herning Folkeblad said the Nordic country, already with a local driver on the grid in the form of Kevin Magnussen, is eyeing a grand prix debut for 2018. Read the rest of this entry »

Nov 25

Qatar to break F1 fee record in 2017 – report

Qatar, the small Arab country, looks set to break F1’s record for the highest-paying grand prix host.

F1 business journalist Christian Sylt, who is close to the sport’s chief executive Bernie Ecclestone, cited ‘sources’ in reporting that Qatar looks set to pay about $78 million a year beginning with its first race no later than 2017. Read the rest of this entry »

Nov 23

Ecclestone ready to ‘tear up’ income contracts

“Personally, I would tear up all of the contracts and discuss the redistribution of money.  No problem,”

2012-06-07_0277 Bernie Ecclestone on Saturday said he is prepared to “tear up” contracts and start again, as the sport’s civil war appeared to ease slightly in Abu Dhabi. Read the rest of this entry »

Nov 22

Angry teams happier after Mackenzie meeting

F1’s three angry teams seemed slightly less angry on Saturday after a meeting with Donald Mackenzie.

2014-03-30 - Sahara Force India F1 Team - Malaysia -Sergio Perez - Teams The usually paddock-shy CVC chief made the trip to Abu Dhabi to meet with Bernie Ecclestone and Lotus, Sauber and Force India, with the three teams crying foul over how the power and income is distributed within formula one. Read the rest of this entry »

Nov 22

Marlboro chief to replace Ferrari boss Mattiacci

After just seven months in the job, Marco Mattiacci is set to lose his role as Ferrari team boss.

Marco Mattiacci - photo Getty Germany’s Sport Bild on Saturday cited ‘well-informed sources’ in claiming the 43-year-old Roman will be replaced by the Marlboro Europe brand manager Maurizio Arrivabene. Read the rest of this entry »

Nov 21

Caterham thanks Renault for helping F1 comeback

“We are overwhelmed by the level of support we have received”

2014-01-30 - Caterham F1 Team - Robin Frijns 04 Caterham’s acting boss Finbarr O’Connell has thanked the world of formula one for helping the team to make its F1 comeback this weekend. Read the rest of this entry »

Nov 21

Politician says F1 breaching EU competition agreement

“Grave concerns” about F1’s governance

2014-03-30 - Scuderia Ferrari - Malaysia - Fernando Alonso - Kimi Raikkonen - Teams 01 With F1’s biggest names swapping teams and the 2014 championship entering its decisive showdown, the furore over the future of the sport enjoyed a brief sojourn on Thursday. Read the rest of this entry »

Nov 20

Abu Dhabi extends F1 race contract

Abu Dhabi’s long-term place on the F1 calendar is secure.

2012-11-03 - Mercedes AMG Petronas F1 Team - Abu Dhabi - Yas Marina Circuit 01 The popular day-night race at the spectacular Yas Marina, scene of this weekend’s 2014 championship showdown, already had a contract through 2016. Read the rest of this entry »

Nov 20

Mercedes desperate to avoid title breakdown – Lauda

Mercedes is determined to ensure the 2014 title is decided in Abu Dhabi by events other than a technical failure.

2014-07-18 - Mercedes AMG Petronas - Germany - Nico Rosberg and Lewis Hamilton (6) Team boss Toto Wolff has already said that given the unpopular double points system for the championship finale, it would be a “nightmare” if Lewis Hamilton loses to Nico Rosberg because the British points leader breaks down. Read the rest of this entry »

Nov 20

India GP now heading for 2016 return

Bernie Ecclestone says India could return to the F1 calendar in 2016.

Buddh International Circuit Last week, a senior official at the former race promoter Jaypee said the organisation is “trying our best to hold the race by 2017″. Read the rest of this entry »

Nov 20

Marussia team staff spotted in Abu Dhabi

Staff wearing Marussia team shirts were spotted on Wednesday in the Abu Dhabi paddock.

Marussia 17 - photo © DPPI - Éric Vargiolu The sightings, believed to be Ferrari personnel ready to work on the embattled team’s customer engines, coincided with rumours Marussia is in fact making its way to the region in the hope of racing this weekend. Read the rest of this entry »

Nov 19

Horner rejects Ecclestone proposal for engine unfreeze

An extreme proposal to equalise engine performance in F1 does not even have the support of Renault works team Red Bull

2014-04-20 - Infiniti Red Bull Racing - China - Christian Horner As Renault and Ferrari struggle to get even close to Mercedes at the start of the new V6 era, the German manufacturer is under pressure to agree to relax the so-called development ‘freeze’ so that its rivals have a chance to catch up. Read the rest of this entry »

Nov 19

Ecclestone hits back at F1 ‘cartel’ accusation

Bernie Ecclestone has hit back with fury at a letter demanding talks with F1’s small teams in Abu Dhabi this weekend

Bernie Ecclestone-11-2010 Since backmarkers Caterham and Marussia hit their troubles, the sport’s next-smallest teams Lotus, Force India and Sauber have been bemoaning the inequality of power and income, and even threatening to boycott races. Read the rest of this entry »

Nov 19

Today’s F1 ‘is not racing’ – Webber

Mark Webber has admitted he is concerned about the road on which F1 has turned

2013-11-17 - Red Bull Racing - Mark Webber (1) Ahead of the radically-new turbo V6 era, the Australian veteran called time on his F1 career and switched to the increasingly popular Le Mans with Porsche. Read the rest of this entry »

Nov 18

Ecclestone to clamp down on online media in paddock

Bernie Ecclestone has vowed to clamp down on the proliferation of internet journalists in F1

2014-10-11 - Infiniti Red Bull Racing - Russia - Sebastian Vettel - Bernie Ecclestone After controversially rubbishing the power of social media platforms like Facebook and Twitter last week, the F1 supremo is now warning that online publications will find access to the paddock more difficult in the future. Read the rest of this entry »

Nov 17

Only ‘a coffin’ will end Ecclestone’s reign

 Buoyed by the end of his legal troubles

2011-06-09_0314 Bernie Ecclestone says he is now determined to never step down as F1 chief executive. Read the rest of this entry »

Nov 14

Ecclestone set to drop double points for 2015

As the double-points finale approaches, Bernie Ecclestone has admitted the controversial scheme will be dropped for 2014

2011-06-09_0306 To keep spice in the title fight until the dying laps of a championship, the double points innovation was introduced at the F1 chief executive’s behest. Read the rest of this entry »

Nov 14

Caterham heading to Abu Dhabi for 2014 finale

Caterham on Friday announced it will return to formula one to contest the season finale in Abu Dhabi

2014-06-07_0676 Earlier, reports emerged that the embattled team was preparing freight to meet this weekend’s shipping deadline for the trip to the United Arab Emirates capital, which is set to host the final round of the 2014 season. Read the rest of this entry »

Nov 14

No point attracting young generation to F1 – Ecclestone

Bernie Ecclestone has ensured the world of formula one on Friday will be discussing one thing — his controversial views

Formula 1 Circuit in Sochi - Bernier Ecclestone 2 Amid collapsing teams and a so-called ‘crisis’ for his sport, the F1 supremo provided a diversion with a typically politically-incorrect interview for a publication called Campaign Asia-Pacific. Read the rest of this entry »

Nov 14

Caterham preparing freight for Abu Dhabi

Caterham’s administrator on Friday said the team is preparing equipment to be shipped to the season finale in Abu Dhabi

2014-06-07_0874 Having missed Austin and Brazil, the beleaguered outfit will fail to hit its $3.7m crowdfunding target for a return in Abu Dhabi, which Bernie Ecclestone insists is necessary in order to keep the official team entry alive. Read the rest of this entry »

Nov 14

Caterham could overcome missed crowdfunding target

Friday’s deadline looks set to come and go without Caterham raising the $3.7 million it needs through crowdfunding

11 - Caterham F1 Team The team, in administration and fighting to keep its official entry alive by making the Abu Dhabi grid, has raised only just over $2 million within hours of its self-imposed deadline expiring. Read the rest of this entry »

Nov 13

F1 ‘negativity’ to delay floatation plans again

The crisis of collapsing and complaining teams looks set to once again spoil plans for F1’s stock market floatation

The sport’s majority shareholder CVC wanted to float formula one in Singapore in 2012, but the plans were delayed amid market uncertainty and Bernie Ecclestone’s high profile legal troubles. Read the rest of this entry »

Nov 13

Grosjean jumps the gun on new Lotus deal

Romain Grosjean has followed Sebastian Vettel’s lead in jumping the gun on his 2015 plans

2014-06-07_0184 This week, it has already emerged that although Vettel’s switch from Red Bull to Ferrari is not yet official, the German told Italian broadcaster Sky in a television feature in Brazil that he is “a driver for Scuderia Ferrari”. Read the rest of this entry »

Nov 12

Briatore says Ecclestone’s double points ‘smart’

Flavio Briatore thinks his friend and regular business partner Bernie Ecclestone has pulled off a masterstroke with ‘double points’ in 2014

Flavio Briatore - Bernie Ecclestone Actually, the innovation – where the title is kept artificially alive right until the dying moments by offering twice as many points in the season finale – is highly controversial and almost universally unpopular. Read the rest of this entry »

Nov 12

Money the big topic before 2014 season finale

Even with F1 speeding towards its intriguing double-points title finale, money remains the big off-track topic of the moment

150x80-flagworldf1Although no longer trading and having laid off its workforce, Manor – formerly Marussia – is said to be in talks with investors about returning in Abu Dhabi. Read the rest of this entry »

Nov 11

Force India financial rumours must ‘stop’ – Mallya

Vijay Mallya has played down the latest reports questioning the financial health of his F1 team Force India

2014-03-01_0016 - Sahara Force India F1 Team - Bahrain Dr Vijay Mallya 2 Newspaper reports in the last days have suggested the auditors of the Silverstone based team’s parent company doubt the viability of Force India as a “going concern” due to mounting debts. Read the rest of this entry »

Nov 11

McLaren, Mercedes play down three cars for 2015

As the 2014 season winds to a close, the prospect of three-car teams for 2015 remains a mystery

Flavio Briatore - Bernie Ecclestone Angry small teams departed Brazil believing the sport’s establishment is trying to push them out, leaving five powerful teams supplying cars to customers. Read the rest of this entry »

Nov 10

Mercedes to quit if F1 revives V8 engines – Lauda

Mercedes has warned it will quit formula one if moves to revive the old V8 era are successful

02 - Mercedes AMG Petronas Formula One Team Amid the debate about costs driving small teams out of F1, and the separate argument about an engine development ‘unfreeze’, Bernie Ecclestone showed his hand by reiterating he is staunchly opposed to the new V6s. Read the rest of this entry »

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