Tax expert: Bernie Ecclestone may face ‘sizeable’ tax bill over luxury car sale December 3, 2024 Bernie Ecclestone is set to sell 69 cars from his luxury collection believed to be worth more than £250m, but he may face a tax bill warned a tax adviser
What does the Formula 1 expansion mean? Racing is in the fast lane November 27, 2024 So after months of wondering whether Formula 1 would ever have more than 10 teams on the grid again, we have finally got our answer. Late on Monday it was announced that F1 had entered into an agreement in principle with General Motors division Cadillac for an entry into the top level of global motorsport [...]
F1 agrees deal for General Motors and Cadillac grid entry in 2026 November 25, 2024 The Formula 1 grid is set to feature 11 teams for the first time since 2016 after the organisation reached an “agreement in principle” for General Motors to enter when regulations change ahead of the 2026 season. An impasse between the top level of motor racing and the inclusion of an 11th team was solved [...]
Get over yourselves. F1 in Las Vegas is exactly what the sport needs November 22, 2024 When Navada group The Killers sang Mr Brightside, they were lyricising a love lost adjacent to the Las Vegas strip. And this weekend, for Formula 1 driver Lando Norris, his desire of being a world champion in 2024 could, too, be lost. Formula 1 has been more exciting this season than it has been since [...]
George Russell: F1 drivers a bit fed up with FIA November 21, 2024 Formula 1’s George Russell has hit out at the sport’s governing body, insisting some drivers are “a bit fed up” with the leadership of the FIA. Russell leads the Grand Prix Drivers’ Association, which penned a letter to the FIA slamming its chief Mohammed Ben Sulayem for meddling in the sport over such things as [...]
Williams and Duracell extend Formula 1 partnership November 19, 2024 Long-standing Formula 1 team Williams Racing have extended their partnership with Duracell. The multi-year extension sees Duracell, who initially joined the team in 2022, take their partnership beyond this season to ensure it dons the famous blue car which will next year be driven by Alex Albon and Carlos Sainz. Duracell has been credited with [...]
Company swindled £230k out of customers in F1 British Grand Prix scam November 14, 2024 A scam company which targeted businesses with hospitality tickets for the F1 British Grand Prix has been wound up by the Insolvency Service. Informa Expo Ltd, trading as Informa Hospitality Group, inflicted losses of around £230,000 on customers, according to the insolvency body, by offering hospitality packages to Silverstone. Customers did not receive the tickets [...]
F1 owner Liberty Media CEO Maffei to step down after 20 years November 13, 2024 The chief executive of Formula 1 owner Liberty Media Greg Maffei will leave the firm after 20 years, it was announced on Wednesday. Maffei, 64, will be replaced by chairman John Malone, 83, on an interim basis but Maffei will continue on as a senior advisor until a replacement is found. “I have thoroughly enjoyed [...]
London’s O2 Arena to host F1 launch extravaganza in 2025 November 12, 2024 All ten Formula 1 teams will show off their 2025 cars at the O2 next year at the same time to celebrate the 75th anniversary of the sport. The iconic London venue will host the event, which is the first of its kind, as the teams – such as Red Bull, McLaren and Ferrari – [...]
Verstappen has hand on fourth title after Sao Paulo win November 3, 2024 Max Verstappen won his first race since June to put one hand on a fourth consecutive Formula 1 world championship. The Dutchman started 17th at the Sao Paulo Grand Prix in Brazil to storm to victory ahead of a gutsy Alpine duo of Esteban Ocon and Pierre Gasly. Verstappen picked up the full 26 points [...]