Cars
Just two years after entering the Formula 1 calendar, the future of the Korean Grand Prix looks bleak. The organizers are suffering heavy losses, most of which they attribute to the high fees paid to Bernie Ecclestone.
- Monza Might Lose Italian Grand Prix, Says Ecclestone
According to Bernie Ecclestone, Monza's chances of securing a new Italian Grand Prix F1 deal aren't looking very good. Read more »...
- Formula 1: Sauber Is Third Team To Leave Fota, Toro Rosso To Follow?
A spokeswoman for the Sauber Formula 1 team has confirmed to ESPN that it has sent a letter to the Formula One Teams’ Association (FOTA), informing them that it will no longer be part of it. The move makes Sauber the third team after Red Bull...
- Formula 1: U.s. Austin Race In Texas Makes The Cut, Will Be Included In 2012 Calendar
What Bernie Ecclestone wants, Bernie Ecclestone gets. This dictum has been proved repeatedly in Formula 1 as the British businessperson, despite beings 81 years of age, remains the man who pulls the string in F1. Ecclestone wanted Formula 1 to return...
- Austin, Texas F1 Track Given One Week Deadline To Solve Its Problems
Despite all the publicity surrounding the return of Formula 1 in the U.S. next year, it looks increasingly unlikely that the event will take place in the brand-new Circuit of Americas track located in Austin, Texas. Bernie Ecclestone, longstanding F1...
- It’s Official: New Jersey Will Host A Formula 1 Grand Prix In 2013
Korean GP organizers may be suffering huge losses after only two years of hosting a Formula 1 race and are already asking for a reduction in Bernie Ecclestone’s fees, but on this side of the world, things are quite different. In August, we reported...
Cars
Formula 1: Loss-making Korean GP to Receive the Axe?
Just two years after entering the Formula 1 calendar, the future of the Korean Grand Prix looks bleak. The organizers are suffering heavy losses, most of which they attribute to the high fees paid to Bernie Ecclestone.
According to ESPN, this year's race that took place last weekend, cost around US$80 million– and the organizers lost US$56 million, which is very close to the fees paid to Ecclestone for the privilege to host a Grand Prix.
Read more »- Monza Might Lose Italian Grand Prix, Says Ecclestone
According to Bernie Ecclestone, Monza's chances of securing a new Italian Grand Prix F1 deal aren't looking very good. Read more »...
- Formula 1: Sauber Is Third Team To Leave Fota, Toro Rosso To Follow?
A spokeswoman for the Sauber Formula 1 team has confirmed to ESPN that it has sent a letter to the Formula One Teams’ Association (FOTA), informing them that it will no longer be part of it. The move makes Sauber the third team after Red Bull...
- Formula 1: U.s. Austin Race In Texas Makes The Cut, Will Be Included In 2012 Calendar
What Bernie Ecclestone wants, Bernie Ecclestone gets. This dictum has been proved repeatedly in Formula 1 as the British businessperson, despite beings 81 years of age, remains the man who pulls the string in F1. Ecclestone wanted Formula 1 to return...
- Austin, Texas F1 Track Given One Week Deadline To Solve Its Problems
Despite all the publicity surrounding the return of Formula 1 in the U.S. next year, it looks increasingly unlikely that the event will take place in the brand-new Circuit of Americas track located in Austin, Texas. Bernie Ecclestone, longstanding F1...
- It’s Official: New Jersey Will Host A Formula 1 Grand Prix In 2013
Korean GP organizers may be suffering huge losses after only two years of hosting a Formula 1 race and are already asking for a reduction in Bernie Ecclestone’s fees, but on this side of the world, things are quite different. In August, we reported...