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Valencia negotiate with F1 boss to save race

4mo ago from YallaF1.com - Jan.20 (Reuters) The Valencia regional government is negotiating with Formula One chief Bernie Ecclestone to try and cut the cost of staging the city's grand prix, president Alberto Fabra said on Thursday. According to local media, the heavily-indebted Valencia administration pays around $25.6 million to stage the European Grand Prix and agreed a 10-year contract    Continue to Full Story »
 

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136 Views

Valencia reduces seating capacity to cut GP losses

15h ago from YallaF1.com - May 23 Valencia organisers have once again reduced the capacity of its street circuit ahead of next month's European grand prix. After a 112,771 spectator sellout for the inaugural event in 2008, organisers reduced the temporary seating capacity... More Details »
632 Views

Lola goes into administration

1w ago from Pitpass.com - Lola Cars, which other than an illustrious history in Sports Cars, CART and all manner of other disciplines, including F1, has gone into administration.A brief statement issued this morning read:'Lola Cars International Ltd was formed in 1958. In... More Details »
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Lola Cars placed into administration

1w ago from GPUpdate.net - Lola Group Holdings, the parent company of Lola Cars International and Lola Composites, has been placed into administration. Blaming the economic crisis for a cash flow problem, an official statement was released on Wednesday morning. Originally,... More Details »

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Exclusive: teams to get new tyres after qualifying says Ecclestone

1h ago from Pitpass.com - Formula One's regulations have been changing for as long as most people can remember. They are now designed to produce race results which seem, to many, to be more random than logical but at least they are far from predictable as has often been the... More Details »
122 Views

Schumacher: We can fight back

1h ago from F1Zone.net - Michael Schumacher believes he can be competitive in Monaco despite the five-place grid penalty he will incur on Saturday as a result of his accident with Bruno Senna at the Spanish Grand Prix two weeks ago. The seven-time champion ran into the... More Details »
218 Views

Schumacher still highly motivated

2h ago from GrandPrix.com - Michael Schumacher is still sounding like a driver who wants to race on beyond his current Mercedes contract, which expires at the end of the year. In Monaco the seven times champion refused to be drawn too deeply into that subject and claims it is... More Details »
128 Views

Barcelona fire prompts safety rethink

2h ago from GrandPrix.com - Williams chief operating engineer Mark Gillan says that the team's pit fire after the Spanish GP has prompted a number of procedural changes and safety discussions with the FIA. He also confirmed that one Williams team member is still hospitalised... More Details »
139 Views

Exclusive Sergio Perez Q&A: No Ferrari move in 2012

2h ago from Formula1.com - We all remember that horrible moment when Sauber’s Sergio Perez hit the wall in the qualifying for last year’s Monaco Grand Prix. Only weeks later he was back in the car, though he later confessed it took him longer to recover than he... More Details »
137 Views

Brawn back in action

2h ago from GrandPrix.com - Ross Brawn is back at the helm of Mercedes GP after missing the Spanish GP on medical grounds. Brawn said in Monaco that he had been diagnosed with an irregular heart beat and that doctors wanted to determine the cause, which they have now done, and... More Details »
117 Views

Video: Monaco GP Wednesday press conference

3h ago from F1Zone.net - By Editor on Wednesday, May 23, 2012 Q. Romain, first of all, tell us about your experience of the Monaco circuit. Romain GROSJEAN: Well, first of all, different feelings in Monaco: special track; special grand prix. For sure for us is a little bit... More Details »
179 Views

Alonso: I completely agree with the President, it’s up to us to do a good job

3h ago from YallaF1.com - Fernando Alonso with fans in Monaco May 23 (Ferrari) Fernando Alonso has won twice here in the Principality and he was clearly in up-beat mood when he met the press in the Ferrari media hospitality unit on the eve of the race weekend. He was asked... More Details »
345 Views

FIA confirms Monaco DRS zone

3h ago from Pitpass.com - The FIA has confirmed that there will be one DRS zone at this weekend's Monaco Grand Prix.As in 2011, the activation zone will be shortly after Turn 16 with the activation zone shortly after the final turn (19). Throughout the weekend use of DRS in... More Details »
220 Views

2012 a career low - Massa

3h ago from espnF1.com - Felipe Massa has said 2012 has been one of the toughest time of his career as he has struggled to get to grips with this year's car. Massa has scored just two points this season while Ferrari team-mate Fernando Alonso leads the championship on 61.... More Details »
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