Silverstone owners cite F1 takeover in U-turn over sale of British Grand Prix home February 22, 2017 Silverstone’s owners have abandoned plans to sell the iconic racing track, home of the British Grand Prix for the last three decades. The British Racing Drivers Club (BRDC) said it made the decision following the $8bn (£6.4bn) takeover of Formula One by Liberty Media earlier this year. Jaguar Land Rover had been among the suitors [...]
Formula One: MEP hits back at governing body claims of malicious intent February 22, 2017 The MEP championing change in Formula One has hit back at claims by the sport's governing body that her cause is “inaccurately informed or made maliciously”. In an open letter Anneliese Dodds highlighted a conflict of interest in Formula One's regulator, the FIA, allegedly profiting from signing off on the sale of Formula One to Liberty Media. One [...]
“Outdated” Formula One has been left behind by other sports and needs to be made more entertaining, says Lewis Hamilton February 22, 2017 Three-time world champion Lewis Hamilton has called on Formula One’s new owners to drag the sport into the 21st century, warning “there is a lot of catching up to do”. Liberty Media completed its $8bn (£6.4bn) takeover last month in a move that ousted long-time boss Bernie Ecclestone, whose regime was criticised for failing to [...]
Damon Hill: Liberty Media knows as much about Formula One as Donald Trump does about the White House February 16, 2017 Former world champion Damon Hill has compared Formula One's new American owners to the administration of US President Donald Trump. Liberty Media completed its takeover of Formula One in January, ousting stalwart Bernie Ecclestone and bringing a raft of heavy hitters to govern the sport, including media mogul Chase Carey and former Mercedes boss Ross [...]
There will no tension, only productivity, between Lewis Hamilton and Valtteri Bottas at Mercedes in 2017, says team boss Toto Wolff February 8, 2017 Mercedes boss Toto Wolff insists three-time world champion Lewis Hamilton and new team-mate Valtteri Bottas have the necessary chemistry to form a highly successful pairing during 2017. Former Williams driver Bottas is set for his maiden campaign with Mercedes having replaced Nico Rosberg, who retired in December a matter of days after sealing his first [...]
New F1 boss Chase Carey confirms British Grand Prix will remain on racing calendar January 24, 2017 Newly-installed Formula One chief executive Chase Carey insists a British Grand Prix will remain on the sport’s calendar despite speculation that Silverstone could ditch the race from its calendar in 2019. The circuit’s presence on the F1 schedule is in doubt after Silverstone’s owners confirmed earlier this month they were considering exercising a break clause [...]
Why Formula One’s new owners Liberty Media must step on the gas to reclaim lost ground from rivals January 24, 2017 The ousting of long-time Formula One supremo Bernie Ecclestone marks a coup and leaves a series of unanswered questions facing the sport. For decades critics have questioned how F1 is governed and how it generates revenues, and have therefore cast doubts on its long-term future. Although some commentators – notably former broadcaster Murray Walker – have observed how instrumental Ecclestone [...]
Ross Brawn returns to Formula One as part of new-look Liberty management team January 23, 2017 Former world championship-winning team principal Ross Brawn has returned to Formula One after being installed as the sport’s new managing director for motorsport. The 62-year-old’s appointment was confirmed hours after US giant Liberty Media completed its $8bn (£6.4bn) takeover of F1, which also saw the removal of Bernie Ecclestone as the sport’s figurehead. Brawn is set [...]
Bernie Ecclestone’s reign is over as Liberty Media completes $8bn Formula One takeover January 23, 2017 Bernie Ecclestone's reign as the boss of Formula One is over, having been replaced by the new owners of the sport. Liberty Media announced late last night it had completed its $8bn (£6.4bn) takeover of Formula One and handed the 86-year-old the apparently symbolic role of "chairman emeritus". Earlier yesterday evening, German magazine Auto Motor [...]
Valtteri Bottas predicts great success for Mercedes after joining forces with Lewis Hamilton January 16, 2017 Finnish driver Valtteri Bottas is convinced that he and three-time world champion Lewis Hamilton will form a formidable partnership after succeeding Nico Rosberg at Mercedes. The 27-year-old arrives at Mercedes following four years at Williams and replaces Rosberg, who dramatically quit the sport just five days after securing his maiden world championship crown in Abu Dhabi [...]