News Details
Venezuelan government funding may end for Maldonado
Hugo Chavez with Pastor Maldonado in 2011
The Formula 1 party may soon be over for Pastor Maldonado as political changes in his home country may well dry up the substantial financial support that has underwritten much of his career so far.
Until now, the 29-year-old Venezuelan's Formula 1 career has been powered by state millions, through the oil company PDVSA and the personal backing of president Hugo Chavez.
Chavez, however, died last year, preceding a period of intense political turmoil, and at the same time PDVSA's ploughing of state millions into Williams and Lotus was already highly controversial within Venezuela.
Now, Venezuela has a new sports minister, Antonio Alvarez, who has...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Maldonado hails progress after “first normal day of...
Lotus have taken “a big step forward” reports Pastor Maldonado, after...
11y ago from RichlandF1.com
Maldonado Tops Day Two of In-Season Test in Spain
After Max Chilton and Marussia surprised the paddock by topping the times...
11y ago from TheCheckeredFlag....
Maldonado sets pace on final day
Pastor Maldonado was quickest on the second day of testing at Barcelona...
11y ago from Crash.net
Maldonado tops morning session in Spain
Lotus F1 Team
Pastor Maldonado set the quickest time as Formula 1 testing...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia reveals Ducati breakthrough to fix...
No description available...
1h ago from Motorsport.com
Miguel Oliveira “surprised” by Yamaha MotoGP axe,...
No description available...
3h ago from Motorsport.com
Jack Miller stays with Pramac Yamaha for 2026 MotoGP...
Pramac Yamaha has confirmed that Jack Miller will remain with the team...
4h ago from MotorsportWeek.c...
Jack Miller secures new Pramac Yamaha contract for...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
22h ago from MotorsportWeek.c...
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
22h ago from Motorsport.com
IndyCar’s Toronto race shifted to new venue for 2026
IndyCar’s yearly visit north of the border to Canada will be held at a...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Episode 843 – Injuries
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
Collymore's column: Mikel Arteta criticism, Isak and...
In his exclusive column for CaughtOffside, former Liverpool striker Stan...
2h ago from CaughtOffside.com
'It’s remarkable' – Collymore reacts to Mikel...
Arsenal had started their season with two victories out of two, but last...
2h ago from CaughtOffside.com
After Peter Schmeichel slams Arsenal for ‘ugly brand...
Former Arsenal star Theo Walcott has dismissed Manchester United legend...
2h ago from SportsKeeda.com
Comments
Hottest News
V8 comeback on the table: FIA calls manufacturers to crisis...
Formula 1’s power unit manufacturers are set... Read More »
4h ago from F1i.com
Williams F1 axe major partnership after confirming New Era
Williams have announced a new partnership for... Read More »
2h ago from GPFans.com
Cadillac F1 confirms Herta shock switch from IndyCar to F2
Cadillac F1 boss Dan Towriss has confirmed that... Read More »
1h ago from F1i.com
