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Why the pandemic’s economic impact on F1 goes far beyond a disrupted calendar · RaceFans

May 20, 2020 by www.racefans.net Leave a Comment

Two statistics lay bare the astonishing impact Covid-19 has had on Formula 1. Advert | Become a Supporter & go ad-free First, since the pathogen intensified its spread across world in March almost half this season’s scheduled 22 races have been cancelled or (optimistically, in the view of some) postponed. Second, the obligatory annual team shutdown – usually a three-week break in summer – has now been in place for three times as long. Although speculative calendars are increasingly doing the rounds, these count for nought as long as authorities restrict the movement of people across the world. What use is a calendar which schedules races in countries which refuse to admit foreigners or make concessions for sport activities? The pandemic’s effect on the 10 teams has been disastrous . Most have furloughed staff, some are expected to be ‘retrenched’, ‘de-hired’ or similar, while a number of independent teams have availed themselves of advances on future F1 revenues … [Read more...] about Why the pandemic’s economic impact on F1 goes far beyond a disrupted calendar · RaceFans

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Ferrari hires Esports expert as racing revenue officer · RaceFans

February 7, 2023 by www.racefans.net Leave a Comment

Ferrari has announced another change in a senior position within the company with the arrival of Lorenzo Giorgetti as chief racing revenue officer. Advert | Become a Supporter & go ad-free Giorgetti will report to CEO Benedetto Vigna, and arrives at the team while continuing to be part of the Global Esports Federation’s board. Prior to that he was the chief commercial officer at Italian football club AC Milan and worked at the RCS Media Group leading the commercial management of its sports portfolio. He joins Ferrari seven years after the company was publicly listed on the New York Stock Exchange. “With his experience and leadership, Ferrari will further develop long-term collaborations with our sponsors across all sport activities, including the emerging Esports world, and with our passionate global fan community,” said Vigna. Ferrari’s racing activities have also expanded for 2023, with the F1 and GT racing programmes now joined by an entry into the World … [Read more...] about Ferrari hires Esports expert as racing revenue officer · RaceFans

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The major change Alfa Romeo made after being “stuck in a corner” last year · RaceFans

February 7, 2023 by www.racefans.net Leave a Comment

Two anticipated trends in 2023 Formula 1 car design were evident in the first new chassis presented for the upcoming season today. Advert | Become a Supporter & go ad-free While Red Bull, Haas and Williams relied on models or old cars to reveal their new liveries over the past week, Alfa Romeo became the first team to show something approaching a genuine 2023 machine. Their video broadcast showed Valtteri Bottas and Zhou Guanyu revealing the car in a similar configuration to what they will run when testing begins in Bahrain in two weeks’ time. The team also issued images of its car in launch specification. One obvious change is the shift towards a darker livery, just as fellow Ferrari power unit customers Haas have done. Teams have been removing paint and exposing the carbon fibre beneath for years in an effort to save weight, but the introduction of new regulations last year prompted many to go a step further. It’s striking that Alfa Romeo, who began last … [Read more...] about The major change Alfa Romeo made after being “stuck in a corner” last year · RaceFans

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Christian Horner rues having to spend on porpoising floor changes that were ‘probably not needed’

February 7, 2023 by www.planetf1.com Leave a Comment

Christian Horner says floor tweaks imposed by the FIA this season to minimise porpoising came at “quite a lot of expense” and were “probably not needed”. Making the change from over-car airflow to ground effect aerodynamics last season, many of the teams were caught out by porpoising. Some more than others. While Red Bull, their RB18 designed by Adrian Newey who is said to be able to ‘see air’, had hardly any bouncing, their 2021 title rivals Mercedes had it to the extremes. Such was the ferocity of the W13’s porpoising, Lewis Hamilton and George Russell complained of back pain, head aches with Hamilton also saying “there’s a lot more bruising after the races nowadays”. But with Mercedes motorsport boss Toto Wolff advocating for the FIA to get involved, citing long-term health concerns, Horner said if his RB18 had the same problem he’d also be telling his drivers “ to bitch as much as they could over the radio and make as big an issue out of it as they possibly could”. As … [Read more...] about Christian Horner rues having to spend on porpoising floor changes that were ‘probably not needed’

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