Creditors of Lehman Brothers are on track for a turbocharged windfall after the collapsed bank announced it is selling its stake in Nasdaq-listed Formula One auto racing, giving it a payout of $1.5bn from a $300m investment.
The future of the British Grand Prix at Silverstone has been called into doubt, after the circuit’s owners, the British Racing Drivers’ Club, revealed that hosting the Formula One event, one of the acknowledged classics on the calendar and a race that has been ever-present since the world championship began in 1950, is becoming financially unfeasible.
The Monaco Grand Prix will be broadcast live on free-to-air television in the UK for the first time in five years as Channel 4 revealed its programme details for the new season.
Lewis Hamilton says Mercedes must consult him on who should replace Nico Rosberg next season but warned them against signing a big name like Fernando Alonso.
Lewis Hamilton and Toto Wolff have declared their partnership will be stronger than ever next year at Mercedes.
Mercedes have decided not to take action against Lewis Hamilton after the controversial end to the Formula One season.
For a driver who strove with such fierce diligence to win the world championship Nico Rosberg has given up its fruits very quickly; champion on Sunday, retired on Friday, he was not even a six-day wonder.
Professional athletes lead a crazily short and often lucrative working life, over within a decade or so of its beginning, wreathed in success or disappointment. Memories of glory, often embellished, are revived in middle age for nostalgia or for reheating in ill-advised comebacks.
The most exciting driver in Formula One and almost certainly a future world champion.
Creditors of Lehman Brothers are on track for a turbocharged windfall after the collapsed bank announced it is selling its stake in Nasdaq-listed Formula One auto racing, giving it a payout of $1.5bn from a $300m investment.
The future of the British Grand Prix at Silverstone has been called into doubt, after the circuit’s owners, the British Racing Drivers’ Club, revealed that hosting the Formula One event, one of the acknowledged classics on the calendar and a race that has been ever-present since the world championship began in 1950, is becoming financially unfeasible.
The Monaco Grand Prix will be broadcast live on free-to-air television in the UK for the first time in five years as Channel 4 revealed its programme details for the new season.
