F1 Post-2020: MercedesAMG on the Block?

F1 Post-2020: MercedesAMG on the Block?

$PAG, $DDAIF, $FWONK Roger Penske has called rumors that he is looking at buying the Mercedes Formula 1 team “absolutely not true“. A report in Germany has linked the American businessman with the team amid confirmation from Mercedes that it has yet to decide its future in F1 post-2020. Toto Wolff believes Mercedes will remain, […]

F1: Saudi Arabia Could Host Formula One Racing by 2021

F1: Saudi Arabia Could Host Formula One Racing by 2021

$FWONK, $RACE The Middle East already hosts 2 F1 races, at Sakhir in Bahrain and Abu Dhabi’s Yas Marina Saudi Arabia and Formula One (NASDAQ:FWONK) are discussing the possibility of holding a race in the country, and team bosses have been asked for an opinion. It has been reported that F1 and the 10 teams […]

F1: Ferrari (NYSE:RACE) Holds the Key to Formula One’s Management Changes

F1: Ferrari (NYSE:RACE) Holds the Key to Formula One’s Management Changes

$RACE, $FWONK FLASH: F1 is reportedly planning to replace its CEO, Chase Carey with Toto Wolff, boss of reigning champions MercedesAMG. F1 is owned by the investment firm Liberty Media’s Formula One Group (NASDAQ:FWONK). British billionaire Bernie Ecclestone, who had been F1’s boss for nearly 40 years, was replaced by mustachioed Chase Carey Liberty’s contract […]

F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks

F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks

F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks $RACE, $FWONK Liberty Media claims that F1 reversing stock price may have been fueled by an air of uncertainty over if it will strike a new deal with the 10 racing Teams before their current contract expires in years. Liberty bought F1 for $4.6-B, and […]

“Formula One Will Not Be Dumbed Down”

“Formula One Will Not Be Dumbed Down”

“Formula One Will Not Be Dumbed Down” $RACE, $FWONK Formula One will not be ‘dumbed down’ to create artificial excitement or lose its identity, the sport’s Director of Motorsports Ross Brawn said at the weekend. But, he added, it will seek to find ways of making the racing more competitive overall so that it is […]