Motorsport
Montreal seals extension to Formula One race deal
Montreal has become the latest Formula One host to extend its race contract by agreeing a new deal that will retain a grand prix in the Canadian city until 2029.
Russia extends F1 race deal, commercial chief outlines ‘very aggressive’ growth plan
Russian Grand Prix organisers have agreed a five-year extension to their Formula One race deal, while the motor racing series’ new commercial chief has said its new owners will be “very aggressive” in driving growth.
BRDC takes Silverstone off the market
The British Racing Drivers’ Club (BRDC) has ended plans to sell Silverstone, home of Formula One’s British Grand Prix, following the takeover of the motor-racing series by US mass media company Liberty Media.
Hyundai expands into circuit racing with TCR
South Korean automotive manufacturer Hyundai has added circuit racing to its expanding motorsports portfolio by unveiling plans to develop entries for international touring car series TCR.
Formula E secures fresh Chinese investment
CMC Capital Partners, a leading Chinese investor in the sports and entertainment sectors, has today (Tuesday) announced an investment in Formula E Holdings Limited, the official promoter of the Formula E electric car-racing championship.
Formula One grid reduced as Manor collapses
Formula One team Manor Racing has collapsed after failing to find a buyer following a move into administration, leaving the motor racing series with only 10 teams on the grid ahead of the start of its 2017 season in Melbourne, Australia on March 24.
Headline interview | Bernie Ecclestone
Owen Evans speaks exclusively to Bernie Ecclestone about the deals, confrontations and court cases that have marked his career in Formula One
CEO checklist | The qualities needed to replace Bernie Ecclestone
Many names from both inside and outside Formula One have been mentioned in connection with succeeding Bernie Ecclestone, but there is no one person who can do Bernie Ecclestone’s job in the way he can. Formula One insiders believe a team of senior executives will need to be hired when the time comes to replace him. Matt Cutler reports.
Formula One chief targeting ‘fresh start’ in new Liberty-led era
Formula One’s new chairman and chief executive, Chase Carey, has said that Bernie Ecclestone has been deposed as the figurehead of the sport as the motor-racing series requires a “fresh start” under the stewardship of its new owner, US mass-media company Liberty Media.
FIM appoints Aeschlimann as new CEO
The International Motorcycling Federation (FIM) has appointed Steve Aeschlimann as its new chief executive.
MotorSport Vision acquires Donington Park
UK race circuit operator MotorSport Vision (MSV) has reached an agreement to acquire Leicestershire-based circuit Donington Park.
Formula E receives Chinese investment
The Formula E electric car-racing series has received further fresh investment with the news that Yao Capital, a Chinese private equity firm founded by former basketball star Yao Ming, has acquired a stake in the organisation.
Hungaroring targets MotoGP race in 2018
Officials at the Hungaroring in Budapest, Hungary, have announced plans to bid to host a MotoGP motorcycling championship event at the revamped track in 2018.
Motorsport Network invests in Formula E shareholding
Automotive digital technology business Motorsport Network has acquired an undisclosed stake in the Formula E electric car-racing series.
F1’s Manor Racing facing collapse after entering administration
Formula One team Manor Racing stands on the brink of collapse after its operating company was today (Friday) placed into administration following a failed takeover approach from an Asian consortium.
World RX takes British round to Silverstone
The World Rallycross Championship has announced plans to form a “motorsport festival” by switching its British round from its traditional home at Lydden Hill to Silverstone, home of Formula One’s British Grand Prix.
Liberty Media aids F1 takeover with $1.55bn in third-party investment
US mass media company Liberty Media has today (Wednesday) unveiled details of an investment initiative worth $1.55bn (€1.45bn) which is designed to aid its takeover of the Formula One motor racing championship.
Sportradar delves into motorsport with MotoGP, signs Norwegian partnership
Sports and betting-related services company Sportradar has entered into partnerships with the MotoGP motorcycling series and Norway’s National Platform, a body set up to combat match-fixing in the country.