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Formula 1

  • Ryan Reynolds joins Wrexham co-owner and RedBird in buying stake in F1 team Alpine

    June 26, 2023

    Hollywood star Ryan Reynolds and RedBird Capital Partners, which has a stake in Liverpool’s owners, have invested in Formula 1 team Alpine. Otro Capital, Reynolds’ Wrexham AFC co-owner Rob McElhenney and their fellow actor Michael B Jordan, who owns a stake in AFC Bournemouth have also invested. The €200m (£171m) cash injection is for 24 [...]

  • Saudi Arabia PIF to sell its shareholding in McLaren to Bahrain fund

    June 22, 2023

    Saudi Arabia’s Public Investment Fund is to sell its shareholding in the McLaren Group to Bahrain’s Mumtalakat fund, according to Sky News. The deal will strengthen Mumtalakat’s position as the biggest shareholder in the supercar maker and Formula One team owner, Mark Kleinman reported. PIF, which has emerged as one of the biggest players in [...]

  • Hamilton could sign new F1 deal with Mercedes in “days”

    June 13, 2023

    Seven-time Formula 1 world champion Lewis Hamilton could sign a new contract this week, according to Mercedes team principal Toto Wolff. The Brit’s £40m-a-season deal runs out at the end of this season and the signature of the 38-year-old will be a high value item. “It is going to happen soon, and we are talking [...]

  • Lights out: F1 Arcade secures tens of millions for global expansion

    June 12, 2023

    A Formula 1 competitive gaming chain, founded by hospitality heavyweight Adam Breeden, has secured £30m in funding from investors to fuel its expansion globally.  The concept, F1 Arcade, launched last year in St Paul’s, London and merges simulator racing with cocktails and food.  The sport has grown in popularity in recent years, largely made popular [...]

  • Formula 1: Hamilton ‘flat out’ motivated at Mercedes despite Red Bull win

    June 4, 2023

    Seven-time world champion Formula 1 driver Lewis Hamilton has said he is “flat out” motivated at Mercedes despite Max Verstappen winning his third consecutive F1 race yesterday in Barcelona.  The Dutch reigning world champion Verstappen’s win ensured that Red Bull maintained their 100 per cent winning record so far this season after seven races. The [...]

  • Verstappen: We can win every Formula 1 race this season

    June 1, 2023

    Reigning Formula 1 champion Max Verstappen has said his Red Bull team can win every race on the calendar in 2023. He and his teammate Sergio Perez, between them, are yet to slip up in 2023 ahead of this weekend’s Spanish Grand Prix. Verstappen said: “How it looks at the moment, I think we can [...]

  • It’s time to ditch the Monaco Grand Prix from Formula 1

    May 26, 2023

    It’s that time of year again when the super rich scramble for the best spot in Monaco’s Port Hercule – many of whom aren’t there to watch some of the world’s best Formula 1 drivers, but to simply say they were there. The super yachts line up like sardines in an overpriced tin, paying for [...]

  • Imola Formula 1 grand prix OFF over flooding in Italy

    May 17, 2023

    This weekend’s Emilia Romagna Grand Prix has been called off due to flooding at the track in Imola. Water levels have been rising throughout the week with the track near Bologna separated from the River Santerno by a mere fence. F1 president Stefano Domenicali said: “The decision that has been taken is the right one [...]

  • No boos please, I’m driving: Max Verstappen hits back at Miami Grand Prix jeers

    May 8, 2023

    Formula 1 world champion Max Verstappen insists he was only booed at the Miami Grand Prix because he is successful. Verstappen underlined his and Red Bull’s dominance with a third win in five races this season in Florida on Sunday.  But the Dutchman’s race was soured by audible jeers aimed towards him both at the [...]

  • Recap: The sport stars at the Met Gala

    May 7, 2023

    The Met Gala is an event in New York City where the stars of the globe come together to raise money for the Metropolitan Museum. Among this year’s dazzling list of Met Gala invitees were a group of iconic sports stars. See their outfits below. Who went to the Met Gala? Ex-Formula 1 driver Daniel [...]

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