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F1 teams clash over costs and revenue sharing – F1 Fanatic

November 1, 2014 by www.racefans.net Leave a Comment

In a tense press conference at the Circuit of Americas, team representatives clashed over how F1’s financial situation has led to the loss of two of their rivals. Here are some of the key points made by both sides of the discussion. Wolff: Marussia and Caterham overspent Mercedes executive director Toto Wolff said Formula One should protect its nine remaining teams but that Marussia and Caterham ran into trouble because they were spending beyond their means. I have an emotional and a pragmatic view. The emotional view is that there is personal drama behind it. There are families who need to pay mortgages, there are kids going to school and these people don’t have any jobs today anymore and that is a drama and it is painful and I am sorry for that. The rational side of things is that we have seen in the past that teams come and go. We have seen great teams who have folded, went into liquidation or administration. Great names: Brabham, Arrows, Ligier, Prost, Larousse, Leyton … [Read more...] about F1 teams clash over costs and revenue sharing – F1 Fanatic

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Nyck de Vries on the mental conundrum he faces in his first full F1 season

February 2, 2023 by www.planetf1.com Leave a Comment

Ahead of his first season on the F1 grid, Nyck de Vries has spoken about the “fine” line between focusing on the details and “overthinking” them. This season De Vries’s dream of racing in Formula 1 will be realised, the Dutchman signed by Red Bull to AlphaTauri. He caught the attention of Red Bull motorsport advisor Helmut Marko, and the rest of the paddock too, with his points-scoring one-off appearance for Williams at last year’s Italian Grand Prix. That led to talks with Marko, the 79-year-old committing De Vries to a multi-year deal although he’s only confirmed as a AlphaTauri driver for the 2023 season. That means the pressure is on for De Vries, but he can’t let it get to him. Speaking about his strengths on this week’s AlphaTauri’s podcast, Tauri Talk , the driver acknowledged that often strengths can also be a weakness and that’s something he has to watch out for. “My commitment, determination but also my perfectionism is a great asset and a strength,” the … [Read more...] about Nyck de Vries on the mental conundrum he faces in his first full F1 season

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Lotus make leaps but no one can touch Mercedes · RaceFans

April 24, 2014 by www.racefans.net Leave a Comment

The Chinese Grand Prix may have been another point-less outing for Lotus but the green shoots of recovery at the team are clear to see. Romain Grosjean took them into Q3 for the first time this year in Shanghai. The fact he was frustrated at his eventual starting position of tenth shows his aim has been raised considerably higher since their miserable start to the season in Melbourne, where both cars were ejected in Q1. In Sunday’s race Grosjean spent almost every lap in the top ten until his fourth gear failed, forcing him to retire. But Pastor Maldonado reached the chequered flag, underlining the progress made by the team who just three races ago had only managed a total of 19 laps during practice. “Romain had been running reasonably well in the points and able to race his rivals, and a points finish was realistic,” said trackside operations director Alan Permane. “Pastor did a great job from the back of the grid to finish in fourteenth.” “For Barcelona we have more … [Read more...] about Lotus make leaps but no one can touch Mercedes · RaceFans

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Fred Vasseur sees ‘close’ relationship with Charles Leclerc as an advantage for Ferrari

February 2, 2023 by www.planetf1.com Leave a Comment

As he prepares for his first F1 season in charge at Ferrari, Fred Vasseur reckons his “close” relationship with Charles Leclerc will be an “advantage”. For the third time in his motorsport career, Leclerc has Vasseur as his team boss. The two first teamed up back in 2016 when the Monégasque driver raced for ART Grand Prix in the GP3 series. Leclerc won the title before moving onto Prema in F2. But after just one year apart, the driver and Vasseur were collaborating once again as he stepped up onto the Formula 1 grid with Alfa Romeo where the Frenchman had been appointed team boss. This year they’re again working together, this time at Ferrari. Vasseur believes their “close” relationship with benefit both of them. “I’ve been following Charles since his karting days,” he told Canal+. “After a period at ART in F3 [GP3 as it was then known], he made his F1 debut with Sauber, so we’ve always been close. “It’s an advantage for me, because I know him well, and it’s an advantage … [Read more...] about Fred Vasseur sees ‘close’ relationship with Charles Leclerc as an advantage for Ferrari

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