Posted on November 30, 2012

The closing date for Formula 1 teams to pay the full increased entry fees to race in the 2013 season passed today, with the total revenues received by the FIA set to be in excess of $15 million. As confirmed recently in next season’s sporting regulations after months of deliberations, all teams now have to pay a flat fee of $500,000 at the time they submit their entries for the following year followed by an additional sum per point scored in the Constructors’ Championship at the completion of that particular season. The general per-point fee is $5,000, however, the constructors’ More…

Posted on July 12, 2012

Today saw the first part of the two day Silverstone Young Guns test, which just three of the F1 teams are taking part in, rather than the traditional end of season Young Guns test at Abu Dhabi. Williams, HRT and Marussia have stayed on after the British Grand Prix, to do the two day test, saving significant amount of money in comparison to the end of season event. In some ways it symbolises how divided the teams are on things like cost saving and testing, going forward, but it is nevertheless an F1 test and needs to be reported as More…

Posted on February 13, 2012

HRT today took a further step in the process of restyling themselves as Spain’s effective national team by hiring GP2 driver Dani Clos as their test and Friday driver for the new season. Since the second takeover in the squad’s short history by Madrid-based private investment firm Thesan Capital last summer, the new owners have made no secret of their aim to give the team a more authentic Spanish flavour and a number of their key appointments in recent months have clearly reflected that. Veteran driver Pedro de la Rosa has been signed to lead the team’s attempted on-track progression More…

Posted on January 17, 2012

Tonio Liuzzi has had one of those careers where his drive for the next season seems always to be in doubt. Now at the age of 30 he finds himself once again waiting for a call, despite the fact that he has a contract with HRT. And it sounds like this time, he might have run out of options. “At the moment everything is very vague,” he told Italian site “The main problem is that the team have no budget, so they are evaluating the way to get the money to have two drivers. Now I’m still tied to More…

Posted on November 21, 2011

Veteran Pedro de la Rosa will make it two drivers over the age of 40 on the grid next year when he lines up with HRT. The Spaniard has signed a two year contract with the team which will certainly help them to move forward technically. The team is owned by Thesan Capital and sees itself very much as the Spanish team in F1. De la Rosa has had a chequered career as a race driver in F1 with stints at Arrows and Jaguar and an ill fated stint at Sauber last year. He has been McLaren test driver and More…

Posted on January 7, 2011

Narain Karthikeyan, the self dubbed “World’s fastest Indian” is back in F1 as a race driver with Hispania Racing Team for 2011, it was announced today. Karthikeyan announced the news himself yesterday via Twitter and the Times of India and today the team caught up and confirmed it. It is a great comeback for the driver, who became India’s first F1 driver with Jordan in 2005. He was one of the six drivers who took part in the US Grand Prix that year, finishing fourth behind the Ferraris of Schumacher and Barrichello and his Jordan team mate Tiago Monteiro. He More…

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