$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 […]
Saturday, rival political factions took to the streets across Venezuela in the mounting struggle for control of the crisis-wracked nation, where US backed opposition leader Juan Guaidó, 35 anni, is attempting to oust socialist President Nicólas Maduro. It was the 1st march Mr. Guaidó has led since Maduro loyalists stripped him of legal protections he’s […]
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 […]
Ferrari’s (NYSE:RACE) CEO Believes ‘Little Progress’ Made on F1 Economic Issues $RACE CEO Louis Camilleri believes little progress has been made on F1 economic issues Ferrari’s (NYSE:RACE) new boss says that Liberty Media’s proposed budget cap is not exactly close to becoming reality. F1 owner Liberty wants to improve the sport by limiting the huge […]
F1: Its Official Vietnam Grand Prix in 2020 $FWONA This marks the 1st new venue in the Liberty Media Era’s Formula 1 Group (FWONA) F1 officials today announced that the series will visit the Vietnamese capital City of Hanoi for the 1st time in Y 2020 on a track that looks very good, to say the least. […]
F1: Monza is Ferrari’s (NYSE:RACE) Home Track, We are Here this Weekend $RACE F1 fans this weekend we at Ferrari’s home track of Monza Monza is the most beloved races on the calendar Known as the Cathedral of Speed is a Key race for Ferrari (NYSE:RACE) and Sebastian Vettel, as he is still 17 points […]
F1 Racing is Very Expensive, Ferrari (NYSE:RACE) Does Not Say How Expensive $RACE, $LMCA F1 drivers receive some of the Top salaries in all sport with the Ferrari’s (NYSE:RACE) Sebastian Vettel paid about $50-M. But the cost of running a F1 team does end with the drivers, as the Top teams employ nearly 1,000 staff […]
Ferrari’s (NYSE:RACE) New ‘Mystery Model’ Due for Unavailing Mid-September $RACE The word in the automotive world is that Ferrari (NYSE:RACE) is set to unveil a new model at its HQ in Maranello, Italy on 17 September. The new model is code-named the F176 and thought to be based on the 812 Superfast. This indicated that it […]
F1: Miami Set to Vote on Hosting Grand Prix Racing $LMCA The Miami Grand Prix may take a step closer to becoming a reality next week when a meeting of the City Commission votes on the proposed 20-year contract with Liberty Media (NASDAQ:LMCA) for the race. In an earlier vote the City Commission voted to […]
F1: Ferrari’s (NYSE:RACE) CEO ‘Encouraged’ By Coming Engine Discussions $RACE, $LMCA Speaking to analysts in a post Q-1 results conference call, Sergio Marchionne said he sees ‘meaningful discussions’ on the F1 engine issue, and hoped for a full resolution by the end of the year, if we cannot then Ferrari will pull out. “I’m encouraged […]
F1: Russia Wants the Grid Girls Back $LMCA Russian deputy prime minister Dmitry Kozak wants to see “harmonious and pretty” grid girls back in F1 in Sochi this September. It was agreed ahead of the Y 2018 season that F1 would no longer use women on the grid, with children from local motorsport clubs instead […]
F1: Monaco Grand Prix Will Keep Its ‘Grid Girls’ $LMCA Monaco has defied John Malone’s no more grid girls edict for F 1. In a statement issued on Thursday to F1i.com, Michel Boeri, President of the Automobile Club de Monaco, said our “grid girls” will be present on the starting line during the Monaco Grand Prix next month. The announcement came […]
F1: Ferrari’s Marchionne Liberty’s Malone to Stay in His Own Lane $RACE Ferrari’s boss does not want to see F1 ‘diluted by commercial and entertainment factors’ Ferrari Chairman/CEO Sergio Marchionne wants F1 owners Liberty Media to back off and let Ferrari get on with the business of making F1 cars. Recently, Mr. Marchionne said he […]
F1: Liberty Media Needs a Solution to Keep Ferrari on The Grid $RACE Ross Brawn believes F1 needs to find a “solution” that keeps Ferrari (NYSE:RACE) in the sport without giving them special treatment., that’s Quaint. Ferrari’s former technical boss is now part of F1’s hierarchy, handed the role of sporting boss by owners Liberty […]
F1: Ferrari (NYSE:RACE) to Confront Liberty Media on Key Issues $RACE, $LMCA Liberty Media (NASDAQ:LMCA) is pushing to discuss a fairer distribution of F1’s prize money, thus leading to an battle with Ferrari (NYSE:RACE). Last year, in their 1st season as Formula 1’s new owners, Liberty made it clear that Ferrari’s $100-M annual bonus payout […]
F1 Ends Without Ferrari (NYSE:RACE) on the Grid $RACE F1 absolutely cannot do without Ferrari; that’s the verdict from Nigel Mansell who feels the sports needs to hold onto its manufacturer teams. Last year Liberty Media’s (NASDAQ:LMCA ) blueprint for the way forward for F1 engines caused an uproar with the manufacturers, so much so […]
Ferrari (NYSE:RACE), MercedesAMG Aligned on F1’s Future $RACE, $DDAIF MercedesAMG’s chief Dieter Zetsche says the German manufacturer shares its future vision for F1 with Ferrari (NYSE:RACE) as talks ramp up over the direction of the Tier 1 motorsport. Head of Mercedes-Benz Dieter Zetsche says the German manufacturer’s future vision for F1 is “100% aligned” with […]
F1: Ferrari (NYSE:RACE) Is Formula One, Ross Brawn Knows It $RACE, $FCAU Liberty Media’s Managing Director of Motorsports, Ross Brawn sent a olive branch disguised as a warning to Ferrari (NYSE:RACE) after its latest F1 quit threats and seems confident the motorsport can survive if the iconic Italian manufacturer ankled. Mr. Brawn, eager to please […]
F1: Liberty Media Must Take Ferrari’s (NYSE:RACE) Boss at His Word $RACE Ferrari is Formula 1, and Formula 1 is Ferrari John Malone, the chief of Liberty Media (BE:LM09) must take Ferrari Boss Sergio Marchionne at his word, when he declares, “I am prepared to quit F1, and start an alternative Tier 1 motorsport series…” […]
F1: Ferrari (NYSE:RACE) Could Start Independent Racing Series $RACE Ferrari Could Leave F 1, Start Its Own Series Liberty Media, the new F1 owner, controlled by media mogul John Malone, is looking to change the iconic Tier 1 motorsport and Ferrari is not having it. The Maranello outfit has spoken out loudly in opposition to engine […]
F1: Ferrari’s (NYSE:RACE) CEO: “F1 walking a tightrope in America” $RACE, $FCAU F1 is walking a tightrope as new owners Liberty Media plan to grow the sport in America, Ferrari Chairman Sergio Marchionne warns. Mr. Marchionne, who is also CEO of Fiat Chrysler (NYSE:FCAU), recognized there was a big opportunity to win new audiences in […]
F1: Ferrari (NYSE:RACE) Demands Approval of Any Rule Changes $RACE Ferrari entered F1 in Y 1950 at the Monaco Grand Prix and have been synonymous with the motorsport since. Ferrari’s boss Sergio Marchionnesaid the Scuderia could quit F1 if they do not approve the direction taken by Liberty Media. The Ferrari President pinpointed proposals for […]
F1: The US Grand Prix a Silver Lining for Ferrari (NYSE:RACE) $RACE The Circuit of The Americas aka COTA, in Austin, TX has hosted the US Grand Prix since Y 2012, and fast becoming big part of F1’s championship results. The United States has long been a target growth market for F1. Significant progress has […]
F1: Ferrari Vs MercedesAMG, the Racing is “On” Again $RACE Sunday, after Sebastian Vettel and Scuderia Ferrari took the chequered flag at the Australian Grand Prix, retired F1 world champion Nico Rosberg Tweeted, “Congrats Sebastian/Ferrari. Respect. Could be a cool Merc Vs. Ferrari battle all season. You up for that?” It is well know in […]
F1: Liberty Media Moves HQ to London’s St. James District $LMCA Liberty Media (NASDAQ:LMCA) will move the HQ of its Formula One racing series to London’s St James District in London, in a reflection of its growth ambitions. F-1 is now moving the operation to larger facilities close to London’s iconic Piccadilly Circus. The move […]
Malone’s Liberty Media (NASDAQ:LMCA) Outshines Buffet’s Berkshire Hathaway $LMCA, $BRK.A, $BRK.B Warren Buffett, 85 anni, has promoted his reputation for being the most astute investor in the world. But, Cable-TV magnate John Malone’s, 75 anni, Liberty Media has better job for shareholders, according to the data. “Over the past decade, Malone’s investment returns have bested those […]