As the German manufacturer comes to terms with Hamilton’s shock decision to join Ferrari from 2025, it is well aware that the new two-year deal it agreed with the seven-time champion last year had flexibility on both sides to be terminated as early as the end of this season. It is understood that this was […]
The Amsterdam District Court has decreed that De Vries will have to repay the €250,000 loan and, in addition, pay half of both his salary and any sponsorship income he earned during his partial F1 season with AlphaTauri up to July 2023. The Dutchman is now considering an appeal against the decision. De Vries obtained […]
Hamilton only signed a fresh two-year deal with Mercedes for 2024 and 2025 last summer, but clearly left wiggle room for the usual exit clauses in case he had a change of heart. And as Ferrari confirmed Charles Leclerc’s new contract but dragged its feet over giving Carlos Sainz a similar extension, it turns out […]
Last summer Hamilton signed a two-year contract extension at Mercedes covering the 2024 and 2025 seasons, but will join Ferrari one year into that deal. Hamilton’s move will mean Leclerc’s current partner Carlos Sainz will drive elsewhere in 2025 after the expiry of his current terms, with Leclerc recently committing to a long-term deal at […]
The revelation that Lewis Hamilton will depart Mercedes for Ferrari, which announced a new multi-year deal for Charles Leclerc only last Thursday, necessarily means there is no room for Scuderia incumbent Carlos Sainz beyond the expiration of his current 2024 Formula 1 deal. Sainz made plain that he wanted his future to be secured before […]
At the end of a dramatic day of developments, as Hamilton’s bombshell move sent shock waves through F1, Mercedes ended speculation in the evening when it announced that the seven-time champion would leave the squad at the end of this year. As predicted, it said that Hamilton had activated an exit clause in his contract […]
Bearman was already confirmed on Saturday as a reserve for Ferrari alongside Robert Shwartzman and Antonio Giovinazzi, and he will now cover both roles on the weekends when he is able to attends grands prix. The 18-year-old drove for Haas in FP1 in Mexico and Abu Dhabi last year, as well as participating in the […]
FOM’s statement on Wednesday afternoon was as detailed as it was blunt about what it felt were the Andretti Cadillac bid’s shortcomings. It felt there was little chance Michael Andretti’s team would reach an acceptable level, in which case it didn’t see any added commercial value in having it on the grid, famous name or […]
Application to participate in the FIA Formula One World Championship Summary and conclusions of commercial assessment process January 2024 Introduction 1. On 22 March 2023, the FIA published an invitation (the Invitation) to apply to participate in the FIA Formula One World Championship (the Championship), to which four applicants responded, among them Andretti Formula Racing, LLC (the Applicant). […]
The 2024 Formula 1 season starts within a month as the Bahrain Grand Prix begins on the 29 February where Max Verstappen will commence his championship defence. Before then is also F1 pre-season testing (21-23 February) and car launches with reigning champions Red Bull being the last team to unveil its 2024 livery on the […]