With Caterham and Marussia in the throes of failure, the governing FIA has admitted it is concerned about the financial situation in F1.
Tag Archive: FIA
Romain Grosjean has revealed an exit clause will allow him to walk away from Lotus at the end of the season.
F1 is heading awkwardly into the US grand prix weekend, following the collapse of the two backmarkers Caterham and Marussia.
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.
With Caterham now in administration, the backmarker’s former management may be returning its focus to the Forza Rossa project.
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.
The calendar for the 2015 24H SERIES powered by Hankook at a glance
The announcement that the 24H SERIES powered by Hankook is set to become a full international series with championship status, application for which has been filed with the FIA, numerous teams have already expressed their interest to become part of the inaugural season.
F1 legend Alain Prost doubts struggling engine supplier Renault can catch dominant Mercedes in 2015.
Having faltered at the start of the new turbo V6 era, Renault – whose prominent F1 partner is the outgoing world champion team Red Bull – can upgrade its 2014 engine to the tune of 48 per cent under the existing ‘freeze’ regulations.
GP3R fans can enjoy both series fully and completely, they will be held on separate weekends
Le Grand Prix de Trois-Rivières is proud to announce the return of the NASCAR Canadian Tire Series presented by Mobil1 and of the FIA World Rallycross Championship presented by Monster Energy for its 2015 edition.
F1 risks sliding into crisis and having to reinvent its very DNA as struggling backmarker teams begin to succumb to collapse.
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.
A group of well-known F1 names will work with the sport’s governing body to investigate the crash of seriously injured driver Jules Bianchi.
It is already known that new processes for yellow flag periods, and safety skirts for recovery vehicles, will be looked into by the newly-formed ‘accident panel’ instigated by FIA president Jean Todt.
F1’s governing body has formed an ‘accident panel’ in the wake of Jules Bianchi’s life threatening crash.
The news, confirmed in a letter from the FIA to “all F1 teams” this week, follows Marussia angrily hitting back at media reports the team and its French driver were to blame for Bianchi’s crash into a recovery vehicle at Suzuka 11 days ago.
Rivals are piling pressure on Mercedes to agree to “unfreeze” engine development in formula one.
The German marque has utterly dominated the sport this year as the all-new turbo V6 era dawned. So rivals, powered by struggling Ferrari and Renault, have argued that the strict limits on in-season development of the ‘power units’ should be relaxed.
At least four major publications believe there are “growing concerns” about the health condition of seriously injured F1 driver Jules Bianchi.
Unprecedented security at a grand prix will accompany Russian president Vladimir Putin’s visit to the inaugural race on Sunday.
F1’s regular television broadcasters have been told that when Putin’s security personnel scramble radio frequencies to prevent potential bombs being triggered, live video images and microphones will possibly go dead temporarily.