Faure: GPWC solution is close
Renault F1 Team chairman Patrick Faure has predicted an end to the dispute between the manufacturers and Formula 1 supremo Bernie Ecclestone over future distribution of F1's revenue to come within the next couple of months
Five leading F1 manufacturers, Ferrari, DaimlerChrylser, Ford, Renault and BMW, which formed the Grand Prix World Championship last year, are threatening to create a breakaway series unless the teams are given a greater percentage of the revenue generated through F1.
"This is a complicated issue: we are currently in a phase of negotiation over the sport's future," said Faure. "The GPWC is in discussion with the banks who own 75% of Formula 1, and with Bernie Ecclestone's trust, which still possesses 25%.
"Our demands are that, in the future, a significantly greater portion of the revenues generated by F1 should be distributed to the teams: they are the people who create the show, and they need to receive more help.
"Our other request is that F1 should be managed like a normal company, with greater transparency. We are in the final phase of discussions on this matter, and I think we should find a solution towards the end of October."
Montoya favourite for title, says Lauda
Williams seeks pre-Suzuka points cushion
How studying Schumacher helped make Coulthard a McLaren F1 mainstay
Winner of 13 grands prix including Monaco and survivor of a life-changing plane crash, David Coulthard could be forgiven for having eased into a quiet retirement – but, as MARK GALLAGHER explains, in fact he’s busier than ever, running an award-winning media company and championing diversity in motor racing. Not bad for someone who, by his own admission, wasn’t quite the fastest driver of his generation…
How Red Bull found more downforce for Hungary
Red Bull initially feared it would be on the back foot at Formula 1’s Hungarian Grand Prix, with the team seemingly less comfortable at high downforce circuits than previous years.
Russell: Hungary pole justifies faith in Mercedes F1 car concept
George Russell believes Mercedes’ pole position and double podium finish in Hungary last weekend justifies its decision to stick with its current Formula 1 car concept.
Alpine confident it will beat Aston Martin while Alonso is there
Alpine Formula 1 boss Otmar Szafnauer believes that his team can continue to outperform Aston Martin during Fernando Alonso’s tenure at the Silverstone squad when he switches camps for 2023.
How studying Schumacher helped make Coulthard a McLaren F1 mainstay
Winner of 13 grands prix including Monaco and survivor of a life-changing plane crash, David Coulthard could be forgiven for having eased into a quiet retirement – but, as MARK GALLAGHER explains, in fact he’s busier than ever, running an award-winning media company and championing diversity in motor racing. Not bad for someone who, by his own admission, wasn’t quite the fastest driver of his generation…
Could F1 move to a future beyond carbonfibre?
Formula 1 has ambitious goals for improving its carbon footprint, but could this include banishing its favoured composite material? PAT SYMONDS considers the alternatives to carbonfibre and what use, if any, those materials have in a Formula 1 setting
How Russell has proven he deserves to be Hamilton's Mercedes heir
He’s fast, he’s smart, and he’s already shown he’s not going to let Max Verstappen intimidate him. George Russell won’t say it, but LUKE SMITH says he’s ready to take the lead at Mercedes when Lewis Hamilton moves on to a quieter life. And – whisper it – Mercedes and Lewis are starting to think so too
The traits that fuelled Alonso's unexpected Aston Martin move
Fernando Alonso’s bombshell switch to Aston Martin sent shockwaves through Formula 1, not least at Alpine that finds itself tangled in a contract standoff with Oscar Piastri. Not shy of a bold career move and with a CV punctuated by them, there were numerous hints that trouble was brewing
The elements Ferrari must resolve to first save face, then win championships
OPINION: Ferrari's Formula 1 title hopes look all but over after another strategic blunder in last week's Hungarian Grand Prix denied Charles Leclerc the chance to fight for victory, while handing it to chief rival Max Verstappen. The Scuderia now faces intense scrutiny over what it must now do to finally become a genuine factor in championship battles
The clues about Hamilton’s F1 retirement plans revealed after Vettel’s decision
OPINION: Sebastian Vettel is set to leave Formula 1 at the end of 2022 and will, rather shockingly, be replaced by Fernando Alonso at Aston Martin. But what about the final chapter of the other driver that defined the post-Michael Schumacher era? In Hungary, Lewis Hamilton spoke about his future in the context of Vettel’s upcoming departure, which offered clues on how long it will last
Why all signs point to F1’s Monaco special relationship continuing
OPINION: With more potential venues than there are slots in future calendars, rumours have been circulating that the Monaco Grand Prix could be a casualty of F1’s expansion into new markets. But MARK GALLAGHER thinks this is highly unlikely
Hungarian Grand Prix Driver Ratings 2022
The Hungarian Grand Prix race result, after a dry race held without safety car conditions, bore little resemblance to what was anticipated after qualifying. While certain drivers were nullified by some iffy strategy calls, others shone to grasp opportunities afforded to them in the last F1 race before the summer break