Tag Archive: F1

Oct 30

10pc of Ferrari to be listed on stock exchange

Ferrari will be floated on the stock exchange next year.

Dany Flageole The Maranello outfit – the F1 team and the producer of exclusive sports cars – will be spun off from the Fiat Chrysler parent group, with 10 per cent of the shares to be up for grabs to the public on a US and possibly a European stock market. Read the rest of this entry »

Oct 30

F1 to end US GP’s Nascar clash in 2015

F1 looks set to end its controversial clash with a Nascar race in the same state of Texas for the 2015 season.

GP Austin - photo Getty Images This weekend, the United States grand prix is taking place at the same time as the Texas 500 at the Texas Motor Speedway, some 3 hour drive away. Read the rest of this entry »

Oct 30

Stewards to rule on Austin qualifying tweak – report

F1 is heading awkwardly into the US grand prix weekend, following the collapse of the two backmarkers Caterham and Marussia.

Austin - Texas The sport has always had a dubious relationship with America, although Austin’s inaugural races in 2012 and last year were proclaimed definite successes, featuring big crowds and the exciting Circuit of the Americas layout. Read the rest of this entry »

Oct 30

Forza Rossa project still alive after Caterham collapse

With Caterham now in administration, the backmarker’s former management may be returning its focus to the Forza Rossa project.

Forza Rossa - photo Getty Images Before the mysterious investment group bought Caterham from Tony Fernandes earlier this year, Colin Kolles was deeply involved in trying to get a Romanian project called ‘Forza Rossa’ up and running with FIA approval. Read the rest of this entry »

Oct 29

Alonso in severance standoff with Ferrari – report

It is perhaps the burning question in F1 at present — what is Fernando Alonso going to do next?

2014-10-04_0198 - Scuderia Ferrari - Japan - Fernando Alonso Hopeful rookie Carlos Sainz jr, a fellow Spaniard, summed up the mood of the entire paddock when he told AS newspaper on Wednesday: “I have no idea.” Read the rest of this entry »

Oct 29

Austin says Vettel qualifying absence ‘unfortunate’

Organisers of the US grand prix say world champion Sebastian Vettel’s absence from qualifying this weekend is “unfortunate”.

Austin cowboy booths The Red Bull driver will sit out Saturday’s decisive session and start the Austin race from the pitlane, as he takes a penalty for using an unscheduled sixth engine of the 2014 season. Read the rest of this entry »

Oct 29

Collapsing F1 teams ‘made mistakes’ – Haas

As F1’s two backmarker teams collapse, 2016 newcomer Haas’ plans continue to take shape.

Haas F1 Team The teams that were ultimately known as Caterham, Marussia and HRT are all now gone, but Nascar team co-owner Gene Haas is determined not to make the same mistakes as his North Carolina based Haas F1 Team takes its next bold steps. Read the rest of this entry »

Oct 28

World Touring Car Champion López to race at ROC 2014

At the Bushy Park Circuit in Barbados

Newly-crowned World Touring Car Champion José Maria ‘Pechito’ López has signed up to compete at the 2014 Race Of Champions, to be held at the Bushy Park Circuit in Barbados on December 13-14. Read the rest of this entry »

Oct 28

Horror month for collapsing backmarker Marussia

October was a horror month for the F1 backmarker Marussia.

2014-02-22_0032 - Marussia F1 Team - Bahrain - Jules Bianchi The first, tragic blow came in the shadow of the Suzuka typhoon, when the promising talent Jules Bianchi skidded into a recovery vehicle. Read the rest of this entry »

Oct 27

F1 set for three-car teams as more risk collapse

F1 risks sliding into crisis and having to reinvent its very DNA as struggling backmarker teams begin to succumb to collapse.

2014-06-08_0747 HRT folded in 2012, and now F1’s two other newest teams Caterham and Marussia are in the throes of financial administration. Organisers of next weekend’s US grand prix look set to welcome just 9 teams to an 18-car grid, unprecedented since BAR-Honda was banned for a time almost a decade ago.
Read the rest of this entry »

Oct 27

Sainz says he ‘deserves’ Toro Rosso debut

Carlos Sainz jr is convinced he should be handed his F1 debut by backer Red Bull.

Carlos Sainz Jr The 20-year-old is the newly crowned champion of the highly rated Formula Renault 3.5 series, but he was overlooked by Red Bull for a guaranteed seat at the junior team Toro Rosso for 2015. Read the rest of this entry »

Oct 27

Brothers look to save troubled Marussia – report

Marussia is not commenting on claims it will sit out the next races and is on the verge of being put into the hands of administrators.

2014-06-05_0104 Amid Caterham’s well-documented troubles, Bernie Ecclestone revealed that Marussia will also sit out the Austin-Brazil double header. And F1 business journalist Christian Sylt claims the team has notified the High Court that it also intends to go into administration. Read the rest of this entry »

Oct 27

Recovery vehicle driver says F1 ‘never safe’

An experienced F1 recovery vehicle driver in Brazil has defended his Japanese colleagues in the wake of Jules Bianchi’s horror crash.

2014-06-05_0040Brazil’s Globo Esporte says Rafael Ricciardi has been driving the vehicle charged with removing stricken cars from the Interlagos circuit near the pit exit for four years running. Read the rest of this entry »

Oct 24

Caterham can miss Austin-Brazil double header

Caterham is allowed to sit out the next two grands prix while it fights for survival.

2014-03-16 - Caterham F1 Team - Australia As administrators take charge at Leafield, where for the past days the gates have been locked to staff, Saturday’s equipment freight deadline for Austin and Brazil has loomed large. Read the rest of this entry »

Oct 24

Administrator becomes Caterham team boss

Two cars on the US GP grid next weekend

2014-06-08_0925The Caterham saga took another bizarre twist on Friday as an administrator became the new team principal.
Read the rest of this entry »

Oct 24

F1 comeback bid ended Barrichello commentary – report

Rubens Barrichello’s desire to return to the F1 grid appears to have ended his days as a roving commentator.

2011-11-26 - AT&T Williams - Brazil - Rubens Barrichello 01 We reported on Thursday that the most experienced driver in the history of the sport had “concluded” his commentary contract with Brazil’s TV Globo. Brazil’s UOL Esporte is now claiming Barrichello, 42, fell out with the broadcaster due to “relationship and contract” problems, and also because he allegedly used his role to “offer his services to F1 teams”. Read the rest of this entry »

Oct 23

Schumacher making ‘progress’ at home – doctor

“I have noted some progress but I would say we should give him time”

Michael Schumacher - Deutsche Vermogensberatung Michael Schumacher has made “progress” since leaving hospital and rehabilitation and returning to his home in Switzerland. Read the rest of this entry »

Oct 23

F1 world still guessing on Alonso’s next move

Yet another week in F1 history is passing by with little more known about the future of arguably the sport’s biggest name.

2014-09-04_0187 - Scuderia Ferrari - Italy - Fernando Alonso Insiders suggest Fernando Alonso is wavering between a McLaren-Honda contract on his terms or the very real prospect of a sabbatical as he waits for a seat at dominant Mercedes. Read the rest of this entry »

Oct 23

Caterham collapse ‘better’ for F1 – Ecclestone

Caterham is on the brink of collapse, as the backmarker team loses even the support of F1 supremo Bernie Ecclestone.

2014-03-02 - Caterham F1 Team - Trucks “I think it’s better they go,” said the 83-year-old Briton as the latest developments emerged late on Wednesday. “I don’t want people going around with begging bowls,” Ecclestone told the Sun newspaper in an article credited to business journalist Caroline Reid. Read the rest of this entry »

Oct 23

Barcelona ‘calm’ amid Madrid race reports

Spanish grand prix boss Salvador Servia insists reports the capital Madrid is bidding to join the F1 calendar do not worry him.

2014-05-09 - Mercedes AMG Petronas Formula One Team - Spain - Circuit de Barcelona Catalunya El Confidencial reported in recent days that Bernie Ecclestone is in advanced talks with private investors who want to organise a city street race. Ecclestone, however, has already warned that after the decline of Spain’s second race at Valencia, there is now room only for one annual race per country. Read the rest of this entry »

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