Former Formula One boss Bernie Ecclestone will avoid jail time because of a technicality in Germany that allows defendants to end a trail for a fee. Continue Reading...
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F1 fans looking forward to watching some of the world’s best drivers whip around a 3.2-mile temporary road coarse in New Jersey will have to put their plans on hold. Continue Reading...
The on again, off again Formula 1 Grand Prix of America race is now cancelled according to F1 boss Bernie Ecclestone. Continue Reading...
Formula 1 boss Bernie Ecclestone has been indicted in Germany on allegations of bribery. Continue Reading...
By waiving his usual sanctioning fee and offering to cover all the costs associated with hosting an F1 race at the Nurburgring, Bernie Ecclestone is offering a helping hand to the distraught racing complex — but there’s a catch. Continue Reading...
Never one to shy away from speaking his mind, the ever-contraversial Bernie Ecclestone believes a Formula One race would be “fantastic for London, good for England – a lot better than the Olympics.” Continue Reading...
In the 2010 F1 season, Sebastian Vettel was crowned the youngest F1 champion ever at the final race. A year later, the German Red Bull driver had absolutely no problems defending his championship, locking it in with three races to go. Formula One’s head honcho, Bernie Ecclestone, doesn’t seem pleased with how things went last… Continue Reading...
The Nürburgring race facility is currently seeking a new operator, which has left a lot of race promoters and organizers wanting new contracts for the German race venue. Newest to insist on a new contract is Formula One and Bernie Ecclestone, and currently the future of the biennial event doesn’t look good. But Ecclestone desires to… Continue Reading...
Ecclestone had said that providing the money upfront, as well as assurances that the required funding would be available for the race over the next 10 years, was necessary for the deal between F1 and the Circuit of the Americas to go ahead. Continue Reading...
Next year’s U.S. Grand Prix could be in jeopardy if organizers of the Austin, Texas race do not agree on a contract and pay fees by the end of next week. Formula One’s head honcho Bernie Ecclestone’s patience is clearly wearing thin with negotiations and does not want to wait beyond the season-ending Brazilian Grand… Continue Reading...
The world of Formula One has been flipped upside down by new regulations approving the switch from current V8 engines to V6 turbos. The rev limiter has also been lowered from 18,000 rpm to 15,000 as a major change. As a result, many companies associated with the commercial side of the sport are very concerned… Continue Reading...
Formula One’s governing body is planning to reconsider the 2011 Bahrain Grand Prix and cast a revote among all teams, after its former president and one of its top drivers called for F1 to cancel the event among continued unrest. “The way things are at the moment, we have no idea what is going to… Continue Reading...
The FIA has just posted its 2012 Formula 1 schedule, and good news to race fans and Americans in general: in the world of international motorsports, our fair nation is once again significant! That’s right, the 10th round of the 2012 Grand Prix schedule includes a date in Austin, Texas—the return of F1 to our… Continue Reading...
Due to the ongoing protests in Bahrain, F1 officials have officially pulled the plug on the Bahrain Grand Prix, originally scheduled for March 13th. F1’s governing body, the FIA, and its president Bernie Ecclestone have decided to “postpone” the opening race of the 2011 season, instead starting in Melbourne, Australia on March 27th. A new date… Continue Reading...
The Federation Internationale de l’Automobile (FIA) will be sitting down on December 10 to vote on technical specification changes for the 2013 Formula One season, and the biggest change expected to be announced will be regarding the engines. Rumors are circulating the web about the possibility of a return to four-cylinder, turbo charged engines. The… Continue Reading...
Never one to miss an opportunity to make a dollar, Formula 1 magnate Bernie Ecclestone decided to pose with his bruised and battered face – the result of being mugged weeks ago – for Hublot watches, the official horological sponsor of Formula 1. It seems that Bernie was wearing a Hublot at the time, and… Continue Reading...
There’s a reason they call Formula 1 “The Circus.” Not only are race days a dramatic spectacle that draw thousands of fans from thousands of miles away, but also they can pretty much demand anything they want from cities for the right to host races. These “sanctioning fees” are anywhere from $25 million to $50… Continue Reading...
Eight Afghanis, four Iraquis, and four Vietnamese nationals were arrested at the UK border after a border patrol agent noticed the side door to Aston Martin Racing’s trailer appeared to have been forced open. The illegal immigrants had stashed away on the top shelf of the trailer, hiding behind the $1,000,000 LMP1 Race Car. This… Continue Reading...
It’s been said several times before, but GM Chairman and CEO Ed Whitacre today told reporters that the company is shutting down its Swedish Saab unit. “We’re closing down Saab,” he said. “We’re winding it down.” Recently GM hired on wind-down firm AlixPartners, but continued to say that it was evaluating proposals from several interested… Continue Reading...
The future of Saab just became a little more certain today. Or did it? General Motors has released in a statement that it has hired on AlixPartners to oversea the wind-down of its loss-making Saab unit. In other words, GM is planning to close the doors on the Swedish automaker, sending the company into liquidation… Continue Reading...