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13 June 2010  
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Motorsport Business News

Heidfeld to chair GPDA
29/03/2010

Nick Heidfeld has been appointed the new chairman of the Grand Prix Drivers' Association (GPDA). The Mercedes GP reserve driver takes over from Sauber's Pedro de la Rosa, w...More>
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Ecclestone targets New York race by 2012
26/03/2010

Formula 1 commercial rights holder Bernie Ecclestone wants to host a grand prix in New York in 2012. Nine circuits have previously staged an F1 race in the United States – ...More>
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GM sponsorship spend plummets
26/03/2010

General Motors Co has slashed its sponsorship budget by 60 per cent since filing for bankruptcy last year. Reuters quotes GM's general director of marketing services Steve ...More>
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Ferrari renews Shell deal
26/03/2010

Ferrari has extended its long-running sponsorship deal with Shell until 2015. "The extension of our relationship with Shell up to the end of 2015 is yet another step in the...More>
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Committee sounds UK motorsport warning
23/03/2010

The UK motorsport industry needs more support if it is to continue to thrive, a Commons committee has warned. The Business, Innovation and Skills Committee hailed the indu...More>
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Stefan GP linked with US F1 buyout
22/03/2010

Serbian businessman Zoran Stefanovic is still hopeful of getting a place on the Formula 1 grid this year, according to a report. The FIA refused to grant his Stefan GP team...More>
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McLaren buys back bulk of Mercedes stake
19/03/2010

McLaren team principal Martin Whitmarsh has confirmed that the company has bought back most of the 40 per cent stake previously owned by Mercedes. McLaren said in November ...More>
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Monza extends F1 contract
19/03/2010

The Italian Grand Prix will remain at Monza until 2016 after track bosses agreed an extension deal with Bernie Ecclestone. There had been uncertainty over the historic circ...More>
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Bridgestone denies U-turn claims
19/03/2010

Formula 1 tyre supplier Bridgestone has denied suggestions it is reconsidering its decision to quit the sport at the end of the year. The Japanese company announced at the ...More>
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Hungarian MotoGP cancelled
19/03/2010

The FIM, motorcycling's ruling body, has announced that the Hungarian MotoGP has been cancelled because work on the Balatonring circuit will not be finished on time. The de...More>
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Indianapolis plays down F1 return
18/03/2010

Indianapolis Motor Speedway has played down reports that it is close to agreeing a deal that would see the US Grand Prix return to the famous venue. A spokesman admitted th...More>
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Oil giant linked with Lotus F1 sponsorship
18/03/2010

New Formula 1 team Lotus Racing is reportedly close to signing a sponsorship deal with Brazilian oil giant Petrobras. Some sources in Brazil claim that a deal has already b...More>
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Schumacher return boosts German viewing figures
17/03/2010

Broadcaster RTL has announced that Michael Schumacher's Formula 1 return at the Bahrain Grand Prix was a big hit with television viewers. Last weekend’s race was watched by...More>
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Silverstone hunts marketing director
17/03/2010

Silverstone is looking for its first marketing director to help develop the brand after recently securing the rights to host the British Grand Prix for the next 17 years. T...More>
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Renault loans new team owner 20m Euros – report
16/03/2010

Renault has reportedly loaned the new owners of its Formula 1 team 20m Euros in a bid to get it back on track after a difficult 2009. It is thought that, under the terms of...More>
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India set for place on F1 calendar
15/03/2010

India looks set to host a Formula 1 grand prix from next season after officials reached an agreement with the sport’s commercial rights holder Bernie Ecclestone. The countr...More>
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Ecclestone: New teams’ budgets “not sufficient”
12/03/2010

Bernie Ecclestone believes Formula 1’s three new teams will not have deep enough pockets to be competitive this season. Virgin and Hispania drew up their business plans thi...More>
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