News Details
Maldonado at risk of losing financial support
– A shadow of uncertainty has been cast over Pastor Maldonado's Formula 1 career, following a decision by the Venezuelan government to slash motorsport funding and switch its focus to other fields.Maldonado, who spent three seasons at Williams before moving to Lotus for the 2014 campaign, has long been backed by state-owned oil company PDVSA, in an agreement that includes significant financial support."I know I am going to make some enemies, but there will not be another dollar for motorsport," Antonio Álvarez, Venezuela's new sports minister, explained in an interview with native daily newspaper Ultimas Noticias."It is unfair to use state money in disciplines that do...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Venezuelan government funding may end for Maldonado
Hugo Chavez with Pastor Maldonado in 2011
The Formula 1 party may soon be...
11y ago from GrandPrix247.com
Formula E gets £40m funding boost
The ten Formula E team principals at the Donnington Park launch of the...
11y ago from espnF1.com
Hamilton 'never expected' four in a row
Mercedes AMG Petronas
World championship leader Lewis Hamilton says he...
11y ago from F1Zone.net
Arsenal FC Striker Lukas Podolski Shows Support for...
Arsenal FC striker Lukas Podolski showed his support for F1 legend...
11y ago from NDTVSports.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez admits he ‘needs to work on mistakes’...
Marc Marquez admits he and younger brother Alex Marquez "were the...
14h ago from MotorsportWeek.c...
The Aprilia and Jorge Martin saga: What’s next?
No description available...
14h ago from Motorsport.com
Jorge Martin confirms intention to leave Aprilia at...
Reigning World Champion Jorge Martin has released a statement confirming...
18h ago from MotorsportWeek.c...
Jorge Martin confirms desire to leave Aprilia for...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Veteran engineer Michael Cannon returns to Dale Coyne...
Dale Coyne Racing has announced that it has re-hired expert engineer...
1d ago from MotorsportWeek.c...
Three drivers lose Indy 500 finishing positions after...
The NTT IndyCar Series has penalized three drivers following the...
3d ago from MotorsportWeek.c...
Exclusive: Alex Palou “woke up at 3am and couldn't...
No description available...
2d ago from Motorsport.com
Andretti Global, Prema Racing issued suspensions and...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
5d ago from TheGuardian.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
1w ago from Motorsport.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal dealt blow as rival PL club set to beat...
Arsenal target Joan Garcia is reportedly set to join Newcastle United. The...
4h ago from SportsKeeda.com
Arsenal centre-back 'on brink' of contract renewal as...
Arsenal are reportedly on the brink of tying one of their key defenders...
5h ago from SportsMole.co.uk
'On the verge…' – Fabrizio Romano shares...
Arsenal fans can finally start to enjoy this summer's transfer window...
7h ago from CaughtOffside.com
Arsenal hold concrete initial talks to sign Bundesliga...
Arsenal have reportedly commenced talks to land RB Leipzig striker...
9h ago from SportsKeeda.com
Comments
Hottest News
Hadjar expects his car to excel at Barcelona
Following an impressive showing last time out at... Read More »
2h ago from F1Technical.net
Sainz is unsure how Williams will perform at Barcelona
Despite Williams' impressive form in recent... Read More »
2h ago from F1Technical.net
Christian Horner confirms talks with rival F1 teams
Red Bull team principal Christian Horner has... Read More »
10h ago from GPFans.com
