Contract Negotiations Tag

Posted On January 10, 2017By Adam TateIn Breaking News, Formula One, Headline News

Lowe Leaves Mercedes

By Adam Tate, Associate Editor Mercedes released a statement today confirming the widely held belief that their technical chief Paddy Lowe is leaving the team he helped steer to three consecutive championships. As we first reported one month ago, Lowe is bound for Williams, but contractual and financial negotiations have been complicated by Valtteri Bottas’ talks with Mercedes over Nico Rosberg’s vacated seat, and Felipe Massa’s potential return to the Grove based squad. Such news formally coming to light indicates that some manner of solution has been found at the crowded negotiation tableRead More
By Adam Tate, Associate Editor Nico Hulkenberg has reportedly signed a 2017 race contract that will see him move from his long time home of Sahara Force India, to the bright yellow cars of Renault. The much speculated move has finally come into the light as both Hulkenberg and Renault seek to build a partnership that will move them up the Formula One grid and into championship contention in several seasons’ time. Hulkenberg’s contract is good through 2018, with an option for 2019 that will likely be taken up, as theRead More

Posted On September 3, 2016By Adam TateIn Breaking News, Formula One, Headline News

Monza Secures New Race Contract

By Adam Tate, Associate Editor Monza’s place in Formula 1 as the home of the Italian Grand Prix looks to be secure after event organizers and Bernie Ecclestone came to an agreement during negotiations for a new race contract. The circuit is F1’s most historic track, having first held the Italian Grand Prix in 1922 and has been on the calendar for every season of the championship, bar 1980 when it briefly lost the race to Imola. Ecclestone had been upping the pressure on Angelo Sticchi and the ACI (Automobile ClubRead More
By Steve Aibel, Senior F1 Writer The meat of the Formula 1 schedule is here. Over the next eight weeks, F1 will race six times, primarily through Europe. This is the heart of the Formula 1 season as the paddock visits classic tracks including Silverstone, the Hungaroring, and Hockenheim. They will also visit the Red Bull Ring in Austria as well as the new street based circuit in Baku, Azerbaijan. This middle section of the season starts in Canada and will be the critical time in setting up the players who willRead More