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Post Tagged with: "Formula 1"

Only 24 Cars on the 2010 Formula 1 Grid

Bernie Ecclestone has come out and stated that he believes there will be only 24 cars on the grid when the new season kicks off in Bahrain in the middle of March. Nine of the 10 teams who raced in 2009, two of them under a new guise, plus four new teams – Lotus F1 [...]

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Volkswagen Thinks About Becoming F1 Engine Supplier in 2012

There have been a lot of rumours lately about Volkswagen become a Formula 1 engine supplier for the 2012 season. Hans-Joachim Stuck, VW’s motorsports head, said with the way F1 engine regulations are going — especially with costs and the potential of the “world engine” — it could be the perfect opportunity for VW to [...]

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Williams Sell Minority Stake in Formula 1 to Austrian Investor

With all the money that goes into running an F1 team, and the limited opportunity to make any of it back, we can’t see why anyone would view owning a team as a sound investment. Evidently Herr Toto Wollf feels otherwise, as the Austrian financier and gentleman racing driver has acquired a minority interest in [...]

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Cruden Nascar, Formula 1 and WRC Race Car Simulator

Training is number one in any sport, and auto racing is no exception. Dutch firm Cruden has the bases covered when it comes to NASCAR, Formula 1, and WRC–they supply teams with their very own, and supposedly dead-accurate race car simulator. Only previously available to race drivers, Cruden has now made their machine available to [...]

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Russian Bidder Looking to Buy 40% of Renault Formula 1 Team

It has been reported that Renault has received an offer to sell 40% of its Formula One team to a Russian bidder. The newspaper said a deal could result in the Russian Vitaly Petrov signing to be Robert Kubica’s team-mate, and might explain Timo Glock’s move to Manor Grand Prix, despite his earlier strong links [...]

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Donington Park Owners Go in Administration

Donington Ventures Leisure Ltd, the company that owns the leasehold of Donington Park, has gone into administration. The company was plunged into financial difficulty after a final attempt to raise the funding for the track redevelopment works through a bond issue failed last month. The revamp was required in order for Donington to host the [...]

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