F1, Bribes and Bankers
Ex-BayernLB Banker Gerhard Gribkowsky was jailed for over eight years recently for taking £23 million from Bernie Ecclestone. Bernie said to the Presiding judge Peter Noll that he had paid Gribkowsky to try and avoid a very costly tax investigation. He denied that the money was a bribe, and said he is expecting to be [...]
Direct line to the pit lane?
There’s someone new in the Red Bull team. Some say he really does have wings, and that he was in charge of pit stops we wouldn’t have traffic lights but disco balls, all we know is he’s called the Red Bull Racing Spy. That’s assuming it’s even a ‘he’ of course… Enough of the Top [...]
The New Sky Deal
As of next year, and potentially until 2018, you will not be able to watch half of Formula 1 races in the United Kingdom without paying for the privilege. This deal was announced yesterday to the shock of fans and many in the paddock. Teams were given no notice of the new deal, first meeting [...]
A Little Bit Of… Everything!
- Director of Volkswagen Motorsport, Wolfgang Dürheimer, has confirmed interest to join Formula 1 in the near future. In a recent interview, Dürheimer told journalists “I could in 2018, when the group is in the auto industry up front, imagine a Formula 1 involvement. We have enough good brands that could do that.” It’s thought [...]
Bahrain Cancelled
The season opener to the Formula 1 2011 season will be cancelled due to the ongoing political unrest in the country it emerged today. The season will therefore begin at the Australian Grand Prix in Melbourne on 27th of March. It is the first Formula 1 event to be cancelled since the 1995 Pacific Grand [...]
F1 racing to arrive in Russia
F1 chief Bernie Ecclestone has confirmed today that Russia will be a new Formula 1 venue. A contract has been signed from 2014 until 2020 for Russia to host the race. The race organizers, which appears to be the Russian government, will pay £25m for the privilege of hosting f1 racing in Russia. The contract also [...]
Chandhok Out Again
Indian driver Karun Chandhok will miss another race this weekend. The young driver, who is currently the second highest of the new team drivers in the standings after Heikki Kovalainen, will be replaced by Sakon Yamamoto. This is the second race in a row that Chandhok has been forced to sit out after also missing [...]
Monaco Safe For Another 10 Years
The Formula One Administration has announced that it has reached an agreement with the Automobile Club de Monaco for the Monaco Grand Prix to remain on the calendar for the next 10 years. Bernie Ecclestone previously suggested F1 did not need Monaco, saying: “We can do without Monaco, they don’t pay enough.” Monaco first hosted a race [...]
F1 to return to U.S.
After leaving the USA three years ago, F1 will return this time in Austin, Texas. F1 was last hosted at Indianopolis in 2007 and it has been rumoured that F1 would return to the US for a number of years. It was expected that a US race would go to Monticello Motor Club in New [...]
Agreement with Ecclestone on possibilty of F1 returning to U.S.A.
F1 could return to the USA for the first time since leaving Indianapolis in 2007. The likely destination would be New York’s Monticello track. The Chariman of the Monticello Motor Club Bill McMichael stated that “There was some agreement that Monticello could host a race”. However the circuit’s owners would need to find around $150m [...]
