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Alfa Romeo has extended its deal to apply its branding to Sauber’s Formula 1 team for 2021. It is expected to confirm current drivers Kimi Raikkonen and Antonio Giovinazzi will remain with the team for a third season next year. Advert | Become a Supporter & go ad-free With the two Alfa Romeo seats set to be filled, Ferrari is expected to place another of its junior drivers, Mick Schumacher , at Haas next year. Sauber and Alfa Romeo’s partnership began in 2017, a year after the sale of the team by Peter Sauber and then-team principal Monisha Kaltenborn to investment firm Longbow Finance. The team initially rebranded to Alfa Romeo Sauber F1 Team for the 2018 season, before competing as Alfa Romeo Racing in 2019 and 2020. The team remains operated by the Swiss-based Sauber team, branded as Alfa Romeo. Fiat-Chrysler, which owns the Italian manufacturer, wrote off €941 million from Alfa Romeo and Maserati in 2019, in order to restructure the brands for … [Read more...] about Raikkonen and Giovinazzi expected to keep F1 seats as Alfa Romeo extends Sauber deal · RaceFans

Martin Brundle has revealed he was “quietly pleased” to see Max Verstappen start the Saudi Arabian GP from a lowly P15 in order to spice up the show. A driveshaft issue with the Dutchman’s RB19 ensured he could play no part in the battle for pole position in Jeddah and would be left with some work to do to reach the podium. He made light work of that objective, a timely Safety Car only accelerating the inevitable outcome in what is already looking like an extremely one-sided F1 season. With Verstappen and Red Bull the huge favourites to defend their titles once again, it already has the likes of Brundle celebrating some very small victories for the good of the show. “In the end, it was another show of total domination by Red Bull in Jeddah,” Brundle said in his post-Saudi Arabian GP column for Sky Sports. “I have to be honest and say that when Max Verstappen had a driveshaft problem in qualifying meaning that he would start 15th on the grid, I was quietly pleased, relieved, … [Read more...] about Martin Brundle ‘quietly pleased’ driveshaft issue put Max Verstappen P15 on grid

Last month we outlined how precariously Formula 1’s fortunes hinge upon its share price , in turn driven by factors surrounding the sport and the subsequent opinions of investment analysts. Yet, many of these have seldom – if ever – seen a grand prix live or on TV, and base their (critical) analyses on developments that profoundly affect stock value. Advert | Become a Supporter & go ad-free In a nutshell, uncertainty immediately knocks the price; positive, hard news gradually boosts it. At the time we flagged two dates: November 8th, on which F1’s commercial rights holder Liberty Media would field investor calls on Q3 earnings; and November 14th, Liberty Media’s Annual Investor Day, at which the results and prospects of group entities are presented to shareholders. F1 in particular seemed to leave the investment community distinctly lukewarm. During the investor call F1’s share prices – A Class FWONA and C Class FWONK – dipped. Steeper falls followed the call’s … [Read more...] about RacingLines: What is and isn’t behind F1’s share price moves – RaceFans