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Tagged business

Who are new Williams owners Dorilton Capital?

Formula 1 discovered William's fate when it was announced last Friday the team had been sold to the relatively small American private equity firm ... Read More...

Wolff: I sold the Williams shares but I got them back

Toto Wolff is the reluctant owner of Williams shares after he was returned the 5% of the 15% he 'sold' back to the team when he departed for his p... Read More...

McLaren: Daniel is another step forward in our long-term plan

After a seat became available at Ferrari, in the wake of Sebastian Vettel's departure, a flurry of musical chairs that has resulted in Daniel Ricc... Read More...

Racing Royalty: Prince Bira of Siam

The phrase ‘Racing Royalty’ could be interpreted two different ways. Looking at royalty in a literal sense through the array of drivers affiliated... Read More...

In The Pitlane: Toto’s Jigsaw Puzzle

Back in 2014 Formula-E founder, Alejandro Agag approached Toto Wolff with the hope of signing up Mercedes for the series. Toto declined and pointe... Read More...

Alonso’s Kimoa down a million euros after first year

Fernando Alonso's clothing brand Kimoa has been a permanent fixture as part of the Spaniard's public attire for a couple of years but, despite the... Read More...

Ryanair takes 100 percent of Austrian airline Laudamotion

Budget airline Ryanair has taken full control of Laudamotion, an Austrian-based carrier set up by former Formula 1 world champion Niki Lauda. L... Read More...
F1 fans Mexico

F1 reports increased TV and social media audiences

Formula 1 was the fastest growing sports brand across social media in 2017 while television and digital viewing figures also increased, the commer... Read More...
Sebastian Vettel

Santander set to part ways with Ferrari

After seven years and a whopping €280-million investment, Santander bank have declined to renew the contract as Ferrari's primary Formula 1 sponso... Read More...

Liberty Media offer cash advances to cushion blow to teams

Commercial rights holder Liberty Media has offered Formula 1 teams cash advances to cushion the blow of reduced revenues caused by increased inves... Read More...
Vijay Mallya

Mallya: That’s none of your business

Indian tycoon and Force India boss Vijay Mallya has insisted that money laundering allegations against him are "baseless and fabricated" He spo... Read More...
Bernie Ecclestone

Ecclestone: Reality is F1 budget cap won’t happen

Former F1 supremo Bernie Ecclestone, who has kept a low profile this season but of late has been capturing headlines, believes any attempt to make... Read More...
Sergio Marchionne, Bernie Ecclestone

Ecclestone: Ferrari quit threat very real

Former F1 supremo Bernie Ecclestone no longer attends all the grand prix races, but it has not stopped him from lobbing a grenade for arguments sa... Read More...
Circuit Gilles Villeneuve, Montreal, Canada. Sunday 12 June 2016. Lewis Hamilton, Mercedes F1 W07 Hybrid crosses the line and takes the chequered flag to win the race. World Copyright: Glenn Dunbar/LAT Photographic ref: Digital Image _W2Q7079

Heineken bets on Formula 1 for Asian payout

Heineken is betting on Formula 1 to help it reclaim the title of leading global lager from Budweiser, a strategy that depends on broadening the sp... Read More...
Andy Palmer, Christian Horner

Aston Martin: We want to be more involved in the sport

British luxury sportscar maker Aston Martin is looking to get more engaged in Formula 1 , chief executive Andy Palmer confirmed during the Singapo... Read More...

Carey: We’ve successfully eliminated a $1-billion tier of debt

Formula 1 chief Chase Carey has revealed that a $1-billion debt has been eliminated as shown in the Liberty Media financial results for the second... Read More...

Force India see F1 moving to a franchise future

Force India believe Formula One is moving in the direction of a franchise future under new owners Liberty Media and the Silverstone-based team wan... Read More...
Chinese Flag

Maybe second grand prix for China as F1 tap into potential

Formula 1 is teaming up with Lagardere Sports marketing agency to build strategic partnerships in China from 2018 onwards and raise the sport's pr... Read More...
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