Liberty Media CEO Greg Maffei says F1's commercial rights holder has no plans to sell the sport to Saudi Arabia, insisting the idea is “not in our cards”.
Formula 1 chief Chase Carey has issued an update on the revised 2020 race calendar as the sport aims to put on 15 to 18 races starting “at some point during this summer” after the coronavirus crisis passes.
Formula 1’s 2021 technical regulations have been changed following approval from the FIA World Motor Sport Council with major front wing, rear wing and chassis tweaks.
Formula 1 chief Chase Carey says any new teams must have a strong business strategy for all parties involved as the sport assesses prospective entrants.
Formula 1 will be sticking with “10 healthy teams” on the grid unless prospective new entrants can convince both the FIA and Liberty of a stable financial plan in order to join the sport.
Formula 1 has announced it has reached an agreement in principle for a new venue for the mooted Miami Grand Prix which will take place at the Hard Rock Stadium.
Renault team principal Cyril Abiteboul concedes Formula 1 won’t meet a potential June deadline to confirm its 2021 rules and regulations shake-up but he remains confident progress is on course for it to be completed by the end of this year.
Formula 1’s commercial managing director Sean Bratches has confirmed the sport is in talks with Marrakech officials about the potential return of the Morocco Grand Prix.
- Claire Williams was not a happy boss after the damage caused by a drain cover cost “some hundred thousand pounds”, just as they are trying to take the pressure out of the manufacturing team.
McLaren chief Zak Brown is eager to see Formula 1 owners Liberty Media clearly define rules between what teams can share to produce tighter restrictions on a “B-team business model”.
Formula 1 chief Ross Brawn says predictions from research rates improvements in racing and overtaking to increase by 20% thanks to the 2019 technical rules shake-up.
Formula 1’s sporting director Steve Nielsen says any major format shake-ups for 2021 will be introduced to increase “sudden-death situations” in the sport as it looks to engage a wider audience.
Formula 1 is set to learn the fate of its Miami Grand Prix project today as the city’s commission will vote on the potential plans to host a race from 2019.
Ferrari chairman Sergio Marchionne has appeared to throw his support behind Liberty Media’s Formula 1 engine regulation changes but stands by his quit threat due to reservations on the future “economics” of the sport.
Formula 1’s technical regulations for 2019 have been handed its first tweak after a meeting between the F1 Strategy Group as well as the F1 Commission at the FIA headquarters in Paris, while the 2021 rules begin to take shape.
Ferrari team principal Maurizio Arrivabene says it is essential Formula 1 nails down its future engine plans for 2021 by its current deadline of May this year.
Mercedes team principal Toto Wolff says while he supports the ideas put forward by Liberty Media for the future of Formula 1 he feels the projected budget cap of $150 million as “unachievable” for the German manufacturer.
Claire Williams says she wanted to “crack open some champagne” leaving the Formula 1 2021 meeting with Liberty Media after admitting the team’s long-term future looked “pretty bleak”.