McLaren sells minority stake in F1 team to MSP Sports Capital December 13, 2020 McLaren has sold a 33 per cent stake in its F1 team to US-based MSP Sports Capital as part of attempts to raise extra cash amid the coronavirus pandemic. The sports investment group will pay £185m for its share of McLaren Racing, valuing the team at £560m. It comes just days after the supercar maker [...]
Halo saved Romain Grosjean but safety questions remain for Formula 1 over barriers and car chassis December 1, 2020 As details emerge of Romain Grosjean’s shocking accident at the Bahrain Grand Prix last weekend, Formula 1 drivers and commentators appear to be in unanimous agreement on one thing: the halo cockpit head protection device looks to have saved Grosjean’s life. Grosjean came across the track and clipped Daniil Kvyat on the first lap of [...]
UK beats US to be named most influential country for sports technology November 17, 2020 The United Kingdom has been named the most influential country in the realm of sports technology by a new report. The UK leads the way because it is home to Formula 1 and golf’s European Tour, organisations praised for innovation. The United States is the second most influential country, according to the inaugural Sports Technology [...]
Nico Rosberg to renew rivalry with Lewis Hamilton in new electric racing series Extreme E October 22, 2020 Former Formula One rivals Lewis Hamilton and Nico Rosberg are set to cross swords again in new motorsport series Extreme E. Rosberg has followed old Mercedes F1 adversary Hamilton in launching his own team in the all-electric, off-road competition. The German, who retired from racing after winning the F1 title in 2016, has invested in [...]