As Red Bull announces the formation of Red Bull Powertrains limited is all well in the Red Bull camp? Well on the engine front Helmet Marko summed it up when he told reporters in a video call, “the establishment of Red Bull Powertrains Limited is a bold move by Red Continue Reading
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Toto Wolff on the road to Billionaire Status.
As the dust settles on the Lewis Hamilton contract pantomime it is worth remembering there was a delay in the resigning of Toto Wolff as Team Principal and CEO. The 3-year deal signed in December no doubt helped the Hamilton negotiations but what about Wolff’s long-term future. Wolff has become one Continue Reading
Who is Dmitry Mazepin?
As F1 digests the arrival of the Mazepin family the question remains, who is Dmitry Mazepin? Mazepin is often described as a Russian oligarch born in Belarus who made his fortune in the Russian chemical and fertilizer industries through his ownership of Uralchem and potash fertilizer company Uralkali. These positions Continue Reading
Sir Lewis Hamilton’s Dilemma
So as speculation fills the vacuum that is Lewis Hamilton’s contract negotiations there may be one factor that has been overlooked. 2020 was the year Lewis decided to take a very vocal and public stand on social justice with his involvement in the Black Lives Matter movement. After organising the Continue Reading
Are the big paydays history?
As the world of F1 awaits news of Lewis Hamilton’s contract signing speculation mounts over his alleged pay demands which has inevitably led to debates over driver’s salaries. When F1 finance monitor Business Book GPpublished their 2020 report of driver salaries it mirrored the championship with front runners, a midfield, Continue Reading
United Arab Emirates Get the Chequebook Out
F1’s troubles in Brazil continued with the announcement that the new deal to host the Brazilian race at the Interlagos circuit had been according to Brazilian newspaper Folha de S. Paulo suspended by a judge. The deal in question was not Liberty Media’s contract with the new promoter MC Brazil Motorsport but Continue Reading
Lawrence Stroll does it again
Lawrence Stroll seals another deal with Cognizant the Fortune 500 IT services giant becoming the new title sponsor of the Aston Martin F1 team in a deal believed to be worth £20-£30m per year. So, what is it about Stroll that companies and individuals want to throw their hat into Continue Reading
Sauber’s game plan
F1 commentators were surprised with the announcement that Mick Schumacher had signed for the Haas team instead of what was believed to be the better option of the Alfa Romeo team. Alfa Romeo team boss Frederic Vasseur said he was not sure why Ferrari has placed Mick Schumacher at rival Ferrari-powered Continue Reading
Show me the money
McLaren Racing announced at last weekend’s Abu Dhabi race that they had agreed to sell a third of the company to a group of United States-based investors. MSP Sports Capital will inject £185m by the end of 2022 giving them a 15% stake rising to 33%. McLaren were delighted with Continue Reading
Formula 1 and the Middle East
As the F1 circus leaves Bahrain and heads to Abu Dhabi both countries with poor human rights records F1 tells the world where it stands in the Middle East. Chase Carey told CNN Sport, “I think we’re proud of our commitment to human rights. We are very proud of our partnership here Continue Reading