Tag Archive: Wall Street Journal

Jun 19

Montezemolo denies making Ferrari quit threat

“Formula one is an extraordinary sport”

2014-06-07_0620Luca di Montezemolo on Friday hit reverse gear, after he was quoted as having threatened to pull Ferrari out of formula one.
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Jun 16

Ferrari wants meeting amid F1 ‘worries’

Hot on the heels of Ferrari’s latest quit threat, Luca di Montezemolo has called for a meeting to discuss the future of formula one.

2014-06-08_0700 Last Friday, the iconic Italian team’s president told the Wall Street Journal that because F1 “isn’t working”, Ferrari could turn instead to Le Mans by 2020. “Of course,” Montezemolo said, “we cannot do sports car racing and formula one.  It’s not possible.” Read the rest of this entry »


Jun 13

Caterham says it’s staying, Ferrari threatens to quit

“Caterham F1 will be racing in Austria.  There is no question”

2014-06-07_0874 From either end of the F1 grid, teams ended the working week by sending out very different signals about their respective futures. Read the rest of this entry »


Apr 17

Bernie Ecclestone is planning to launch a ‘masters’ series for former F1 cars and drivers

Ecclestone planning new F1 masters series

2012-06-10_0444 With drivers like Nigel Mansell, Emerson Fittipaldi and Riccardo Patrese at the wheel, ‘GP Masters’ was launched in 2005 but it folded after only 2 races. Read the rest of this entry »


Mar 07

Concorde Agreement era is over – Ecclestone

The era of the Concorde Agreement is at its end, according to Bernie Ecclestone.

2013-06-06_0008 Difficult and protracted negotiations over the sport’s highly secretive document, binding F1’s commercial rights holders with its teams and the governing FIA, are notorious. Read the rest of this entry »


Feb 03

TV audience drop triggered ‘double points’ move – report

“Was it (double points) the right move?”

2013-10-26 - Lotus F1 Team - Romain Grosjean 07 - teams The reason for F1’s controversial move to a ‘double points’ finale has emerged, after the sport haemorrhaged 50 million television viewers late in 2013. Read the rest of this entry »


Dec 04

Ecclestone confirms no New Jersey race in 2014

New Jersey street race is off again

2011-06-26_0247Bernie Ecclestone has now confirmed reports that New Jersey will not be on next year’s formula one calendar. Read the rest of this entry »


Nov 17

Quantum running out of time for Lotus deal – Lopez

“They have very little time”

2013-09-22 - Lotus F1 Team - Romain Grosjean 03‘Quantum’, the investment group looking to buy 35 per cent of Lotus, has denied once again that the deal is collapsing. Read the rest of this entry »


Jun 09

New York race ‘definitely’ on – promoter

Not just for June 2014 but “for the next 15 years”.

2011-06-26_0247A formula one race amid the Manhattan skyline is “definitely” on for 2014, promoter Leo Hindery said. Read the rest of this entry »


Feb 14

Mallya’s Kingfisher close to collapse – reports

Force India boss Vijay Mallya’s grounded airline Kingfisher appears close to folding.

2012-07-21 - Sahara Force India - Germany - Vijay Mallya 022011-10-29 - Force India - India - Dr. Vijay Mallya 03Respected business newspapers, including the Wall Street Journal, said plans by Kingfisher’s lenders to recall loans is “likely to cause severe financial strain” across Mallya’s entire portfolio. Read the rest of this entry »


Dec 21

Thailand set to join 2015 calendar

Thailand looks set to join the F1 calendar in 2015.

Flagworld - F1It was believed the capital Bangkok was targeting its inaugural grand prix in 2014. But F1 chief executive Bernie Ecclestone has been quoted in the Wall Street Journal as saying the first Thai street race, staged under floodlights, will be in 2015. Read the rest of this entry »


Oct 02

New Jersey governor says ‘no problem’ with 2013 race

New Jersey governor Chris Christie is not worried plans for a formula one street race next June are set to collapse.

2011-06-26_0247Grand Prix of America logoBernie Ecclestone triggered the uncertainty by revealing that the race organisers currently do not have a contract, despite the fact a June 16 date for the ‘grand prix of Jersey’ was ratified by the FIA at the end of last week. Read the rest of this entry »


Sep 07

11 dead in attack on F1 host city Delhi

11 people are dead and scores injured after a briefcase bomb exploded

Horizontal tricolour flag (deep saffron, white, and green). In the centre of the white is a navy blue wheel with 24 spokes.Flagworld - F1On the month before the city’s inaugural Indian grand prix, New Delhi is on Wednesday reeling from one of its worst terrorist attacks.

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Aug 03

New talks revealed for New York F1 race

Yet another attempt to bring the New York skyline to formula one has emerged.

2011-06-26_0247Flagworld - F1The Wall Street Journal reports that the mayors of New Jersey townships Weehawken and West New York have revealed talks with private investors to put together a street race by 2013.

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Jun 23

Spain probes head of Santander for tax crimes

The case will be settled by June 30.

SantanderThe head of major Ferrari sponsor Santander is being investigated for suspected tax-related crimes, financial news sources are reporting. Bloomberg, the Wall Street Journal and the Financial Times say Emilio Botin – the red-jacketed F1 paddock regular – is under investigation by Spain’s National Court, alongside several of his family members. Read the rest of this entry »