Long-time F1 engineer Alan Permane is off gardening leave and will soon join the team formerly known as Alpha-Tauri. He will join former Ferrari Racing Director Laurent Mekies and new CEO Peter Bayer in the rebranded team. There has been...
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Toto ’til 2026
While Günther Steiner may be out of a job in Formula One right now, Toto Wolff will continue to have his for another three years. The Austrian extended his deal with AMG-Mercedes the other day and will continue to serve...
Continue reading...Gunther Gone
I was checking my Twitter feed this morning and someone posted that the Haas F1 Team website did not list Günther Steiner anywhere. Well, this immediately set off a wave of speculation. About an hour later, the news came out;...
Continue reading...Goodbye Gil
Like most in the motorsports world, I was shocked and saddened to hear of Gil de Ferran’s death the other day. He was a two-time IndyCar Champion and winner of the 2003 Indianapolis 500. He also raced in the American...
Continue reading...Mumtalakat to own McLaren
It looks like the Bahrain Sovereign Wealth Fund (Mumtalakat Holding Company) will purchase the rest of McLaren in the coming days. That means they will be the sole owner of McLaren, including it’s Formula One team. Sky Sports reports that...
Continue reading...New Shareholders in Alpine
The Alpine Formula One team has new shareholders as of today. US-based Otro Capital purchased 24% of the team for just over $218 million on Monday December 18. They joined RedBird Capital Partners and Maximum Effort Investments as new shareholders...
Continue reading...Team Valuations, 2023
A few months ago, Forbes published an article estimating the valuations of all ten Formula One teams. The TLDR of this article is that the value of all F1 teams has increased significantly in the past few years, making them...
Continue reading...Davide Brivio Leaving Alpine
Just when I was going to write a post of F1 team valuations, one team makes a change at the top. After just three seasons with Alpine, Davide Brivio is leaving them at the end of the year. He was...
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