Chinese Grand Prix Signs 7-Year F1 Extension
16 Feb 2011, 13:57 UTC · By: Ovidiu Panzariu / The Chinese Grand Prix will remain at the Shanghai International Circuit for an additional 7 years, as announced by the city's Sport Bureau on Wednesday. According to recent reports, the extens...
Ecclestone Linked with $50 Million Bribe for F1 Commercial Rights
24 Jan 2011, 09:10 UTC · By: Ovidiu Panzariu / A few weeks back, a German newspaper was claiming that Bernie Ecclestone, the chief executive of Formula 1 racing, had paid German banker Gerhard Gribkowsky a $50 million kickback when the commercia...
On-Board F1 Cameras to Improve for 2011
18 Jan 2011, 08:45 UTC · By: Ovidiu Panzariu / Switching to High Definition for the 2011 Formula One season will certainly bring some enthusiasm within the racing fans worldwide, as it will certainly take broadcasting to the next level. And in o...
Ecclestone Looks for Successor in David Campbell?
8 Dec 2010, 13:54 UTC · By: Ovidiu Panzariu / Bernie Ecclestone turned 80 last month, yet he insisted retirement is not on his “to do” list for the near future. His actions, however, suggest otherwise. Earlier this week, the F1 supr...
Mosley Wants Further Cost Reduction in F1
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Max Mosley insisted that more cost-cutting measures should be taken under consideration to make the sport of Formula One even easier to be sustained. The FIA president admitted he was very pleased w...
Vettel to Receive $3 Million Title Bonus
22 Nov 2010, 08:46 UTC · By: Ovidiu Panzariu / Last week, a few days after Red Bull was crowned the winningest team of the 2010 Formula One championship, we'd reported to you that the Austrian energy drink will hand each and every employee ...
Monaco Secures 10-Year Extension in F1
29 Jul 2010, 06:58 UTC · By: Ovidiu Panzariu / The fans of the Monaco Grand Prix and Formula One all together can rest assured – not that any of us were worried anyway – as Bernie Ecclestone and the organizers of the race have agreed...
Ecclestone Threatening Monaco GP Only Negotiation Tactics - Tambay
21 Jul 2010, 10:03 UTC · By: Ovidiu Panzariu / We've all heard Bernie Ecclestone's latest comments regarding the future of the Monaco Grand Prix in Formula One. Yet, how many have actually believed him when he told the media that Formu...
FIA Has EUR7 Million Budget Hole for 2011
12 Jul 2010, 08:31 UTC · By: Ovidiu Panzariu / The International Automobile Federation (FIA) will apparently be EUR7 million short for the 2011 season. According to the British Express newspaper, it seems that the ruling body will have ended the...
Illegal Immigrants Caught in F1 Trucks
25 May 2010, 07:59 UTC · By: Ovidiu Panzariu / Formula One trucks are commonly used by teams – or the Formula One Management – to carry heavy equipment from race to race, throughout the 19-event schedule each year. However, every onc...
China GP Expects F1 Extension in October
30 Apr 2010, 14:28 UTC · By: Ovidiu Panzariu / With the way China is progressing in the automotive industry – having become the biggest car market in the world after it surpassed the US last year – it's quite clear that Formula ...
Pirelli Would Consider F1 Entry in 2011
22 Apr 2010, 06:44 UTC · By: Ovidiu Panzariu / As time goes by, another tire manufacturer seems to show its interest in replacing Japanese company Bridgestone in the world of Formula One. Starting next season, the series will have a new tire sup...
Ecclestone Approves Anthony Hamilton's GP Prep Academy
2 Mar 2010, 11:07 UTC · By: Ovidiu Panzariu / Anthony Hamilton's and his son's decision to part ways ahead of the 2010 Formula One championship, with the latter to be managed by McLaren Mercedes until he can find a replacement, seems ...
US F1 Deny Shut-Down Rumors
19 Feb 2010, 08:30 UTC · By: Ovidiu Panzariu / After several reports in the US suggested that the Charlotte-based US Grand Prix Engineering is on its way to shutting down their Formula One operations in the next few days, the team issued a quick...
BBC Escapes Penalty for Button's Live Swearing
12 Jan 2010, 08:17 UTC · By: Ovidiu Panzariu / The BBC – Formula One's broadcaster for the UK – managed to escape any penalties after 2009 world champion Jenson Button swore during a live broadcasting at the end of the Abu Dhabi...
F1 Drops $200 Million in Profits in 2009
22 Dec 2009, 15:18 UTC · By: Ovidiu Panzariu / The economic crisis that also affected the sport of Formula One was confirmed these days by a report issued by Formula Money, and cited by ESPN F1. In it, it appears that the organization bossed by ...
F1 Makes Revenues Exception for Mercedes GP
11 Dec 2009, 09:49 UTC · By: Ovidiu Panzariu / Mercedes Grand Prix will be allowed to receive all the payments entitled to them following the team's incredible success during the 2009 Formula One championship. In a press release on their of...
F1 to Focus on Internet Coverage - Fry
10 Dec 2009, 12:02 UTC · By: Ovidiu Panzariu / The key to making Formula One an even more attractive sport for the fans worldwide may not rest in TV coverage by the broadcasters, but in Internet coverage. And it's not us talking, but Merced...
Spa-Francorchamps Posts 5M Euros Loss for F1 Race
11 Nov 2009, 09:14 UTC · By: Ovidiu Panzariu / The British Grand Prix seems to have been the only profitable Formula One event this year, as more financial reports now reveal several other circuits have posted huge losses following their hosting...
FIA Strike Back after Toyota Departure
5 Nov 2009, 08:03 UTC · By: Ovidiu Panzariu / The International Automobile Federation (FIA) will not sit back and see how a third manufacturer is leaving the Formula One Championship in only one year. The ruling body is committed to finding out...