Tag Archive: The Times
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.
F1 will court further controversy this weekend when Russian president Vladimir Putin oversees the inaugural grand prix at Sochi.
F1’s ‘silly season’ is bursting into life at Monza — and almost every team in pitlane is playing ball.
That goes even for the sport’s dominant Mercedes, and one of the highest-paid and most marketable stars, Lewis Hamilton. Boss Toto Wolff had already lifted the lid by warning that if the Briton and his teammate Nico Rosberg do not fix up their broken relationship, Mercedes might have to change its lineup for 2015.
Susie Wolff will live her dream on Friday at Silverstone, but she is also facing criticism.
The Scot will break a 22-year F1 drought in morning practice for the British grand prix when she drives Valtteri Bottas’ Williams — the last woman in action during a world championship weekend was Giovanna Amati in 1992.
Heads are being scratched in the F1 paddock, the day after the struggling Caterham team changed hands.
Malaysian aviation entrepreneur Tony Fernandes’ 100 per cent sale of the team was confirmed late on Wednesday, a media statement saying Caterham is now owned by “a consortium of Swiss and Middle Eastern investors”.
Struggling F1 teams could be dealt another financial blow.
There are reports that the European Union is considering banning alcohol sponsorships in sport. Some years ago, F1 had to deal with the loss of tobacco millions, even though Ferrari continues to be quietly backed by Marlboro parent Philip Morris.