The United States of America will not be getting a second Formula One race next year. The troubled Grand Prix of America, which was slated to run on a street circuit on the shores of the Hudson river and in the shadow of the New York City skyline has been shelved, following the failure of the race's organizers to come up with the requisite $100 million in funds demanded by F1's tempestuous
BBC Sport is reporting that Bernie Ecclestone, Formula One boss and indicted briber, has said the Indian Grand Prix will "probably not" happen in 2014. The race, which takes place at the purpose-built Budd
Bernie Ecclestone, the elderly head of Formula One, has been indicted by German courts on charges of bribery. This follows reports that had the UK citizen in trouble over payments to Gerhard Gribkowsky, a former German banker with Bayern Landesbank.
Controversial Formula One boss Bernie Ecclestone is facing bribery charges from German prosecutors. The long-rumored indictments stem from the 2006 sale of the racing series from Germany's Bayern LB bank to CVC Capital partners. The charge could result in Ecclestone facing jail time and losing his iron grip on the F1 series.
A Lamborghini Aventador owned by socialite Tamara Ecclestone has disappeared from a garage in London where it was being serviced. The daughter of billionaire Formula One CEO Bernie Ecclestone reportedly purchased the car a couple of years ago from a dealer n
While every team on the Formula One grid is worried about making a good showing in this year's championship at the same time as they develop a brand-new car for next year's championship, Bernie Ecclestone and F1 circuit promoters have a different concern: how next year's cars will sound. The current cars use 2.4-liter, naturally-aspirated V8s that can reach 18,000 revolutions per minute and employ dual exhaust, next year's engine formula calls for 1
How much does it cost for a city to host the Formula One circus? Well, considering how clandestine are the dealings of F1 supremo Bernie Ecclestone, we may never fully know. But, thanks to some leaked information to Australia's Herald Sun, we do now have a pretty good indication of what that city must pay for the privilege of being an F1 venue – and it ain't cheap folks.
Formula One CEO Bernie Ecclestone says the sport has too many teams. HRT, a Spanish race organization, has dropped off the official 2013 entry list, cutting the number of participants from 12 teams to 11. While speaking to Reuters, Ecclestone said he never wanted 12 teams and that he would prefer to have just 10. The reason? The
Sebastion Vettel recently celebrated his third Formula One title by driving his Red Bull Racing car through the streets of Graz, Austria, but Ferrari is still caught up in the controversy it stirred up by asserting that Vettel made an illegal pass under yellow at the Jeffrey N. Ross
Bernie Ecclestone is reportedly interested in adding more American Formula One races to the sport's schedule. The CEO was quoted as saying "America is about as big as Europe. So we should have the same number of races [in each]." Since next season will see a total of seven events on European soil, it would seem to indicate Ecclestone is keen to swell the number of American races si
It is now official, coverage of Formula 1 in the US will now be seen on either NBC or NBC Sports Network, as Speed will conclude its 17-year run with Formula One at the end of this season. In a report from Autosport, we read that NBC Sports Group has signed on to bring American viewers F1 for the next fo
Formula One boss Bernie Ecclestone is unhappy with his series' proposed engine change. SPEED is reporting that Ecclestone believes the introduction of the turbocharged V6 mill should be postponed or even dropped altogether.
Another day, another drama with Bernie Ecclestone at the center. This time, it appears that the the Formula One CEO and the series' top brass have "torn up" the contract for New Jersey's Grand Prix of America. In a new report from The Guardian, Ecclestone claims that the rac
Bernie Ecclestone was apparently quite serious when he said he would "do everything" to save the troubled Nürburgring. In fact, according to a new report from Bloomberg Businessweek, the megalomaniacal Formula One boss might just buy the track outright. That'd certainly be a qu
The idea of a world without the Nürburgring seems unconscionable. Not only has it provided generations of exciting races, but it has become the measuring stick for performance credibility. While 'Ring times aren't 'official' we still pay close attention to them. Cadillac even uses those unofficial times in its advertising.
Six months ago, we were going to have two Formula One grands prix in America in 2013 – the Austin round at the Circuit of the Americas track and the Grand Prix of America on the streets of New Jersey. Then, three months ago, F1 impresario Bernie Ecclestone told BBC Sport that the event could be Jonathon Ramsey
Formula One CEO Bernie Ecclestone should expect Germany to file charges against the executive over his alleged bribery of former banker Gerhard Gribkowsky. That's according to Autoweek, which notes Gribkowsky oversaw the sale of BayernLB's stake in the racing series back in 2006 to CVC Capital Partners, which no
The BBC reports a former banker has testified to receiving $44 million in bribes from Formula One CEO Bernie Ecclestone. Gerhard Gribkowsky, the former deputy chief of regional bank Bayern Landesbank, testified in exchanged for a reduced sentence in the case against him. Gribkowsky faced up to 15 years in prison on charg
Don't expect to see a Formula One IPO until later this year at the earliest. F1 CEO Bernie Ecclestone says his company is delaying a public offering due to an uncertain market.
