F1 team bosses have identified high ticket prices as a major problem for the sport, according to the Telegraph.
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Ferrari could become the first F1 team to actually own a stake in the sport, the Telegraph reports.
F1 business journalists Christian Sylt and Caroline Reid reveal that, as a non-executive director of the sport’s holding company Delta Topco, departing Ferrari president held an option to buy into F1 to the tune of about $25 million.
Bernie Ecclestone remains at legal loggerheads with the Munich state bank BayernLB.
When the sport’s supremo controversially yet successfully settled with German prosecutors for $100 million, he had at the time also made an offer of $25 million to the aggrieved bank and former F1 shareholder BayernLB.
Mika Hakkinen has acknowledged rumours linking his protege Valtteri Bottas with McLaren.
The fellow Finn and double world champion has been a key to Bottas’ formula one foray so far, culminating in the 24-year-old’s debut at Williams last year after a season on the testing and Friday practice bench.
World champion Sebastian Vettel has dismissed Niki Lauda’s criticism in the wake of the British grand prix.
The hospital in Lausanne, Switzerland, has admitted F1 legend Michael Schumacher could be there for the “long haul”.
Gunther Steiner has denied rumours that a rift with team owner Gene Haas is endangering the entire F1 project.
The rumours in the Italian press hinted that arguments between team boss Steiner, and founder and owner Haas, including over the possible signing of Danica Patrick, could result in Steiner’s departure.
“Ross has a considerable part in the success of this year.”
Mercedes boss Toto Wolff has revealed he is trying to lure departed chief Ross Brawn back into the team’s F1 garage. Brawn, 59, stepped down at the end of last year but, during his first year of retirement, he has already been linked with a return to Ferrari, having even visited the fabled Italian team’s base recently.