News Details

Maldonado unconcerned by sponsorship rumours

Pastor Maldonado is not concerned about his Formula 1 future despite comments from the Venezuelan sports minister saying that investment in motorsport will be curtailed. Maldonado's racing career has been largely backed by state oil company PDVSA, which is one of the biggest driver sponsors on the grid. PDVSA brokered his move to Lotus for 2014, aiding the team's financial woes and still having the change to pay Williams $25m for ending the contract one year early. However, since the death of president Hugo Chavez, there have been a number of changes in the Venezuelan government. The new sports minister, Antonio Alvarez, was quoted as saying that all investment in motorsport would be cut...
Full Story »
11y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Sports minister hints Maldonado money at risk

Lotus F1 Team Venezuela's new sports minister has hinted that Pastor...
11y ago from F1Zone.net

Maldonado's future uncertain as funding to be cut

Pastor Maldonado's future in Formula 1 may come to an end if he can't...
11y ago from TheF1Times.com

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

Maldonado at risk of losing financial support

– A shadow of uncertainty has been cast over Pastor Maldonado's...
11y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Kyle Kirkwood fastest in opening IndyCar practice from...

After speeding around Indianapolis Motor Speedway for two weeks, IndyCar...
11h ago from MotorsportWeek.c...

Andretti Global belatedly accepts Indy 500 post-race...

Two Andretti Global entries were among the cars that received post-race...
17h ago from MotorsportWeek.c...

Veteran engineer Michael Cannon returns to Dale Coyne...

Dale Coyne Racing has announced that it has re-hired expert engineer...

Three drivers lose Indy 500 finishing positions after...

The NTT IndyCar Series has penalized three drivers following the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal should be 'all over' 31 G/A star who's too...

Arsenal have been advised that they should be all over a potential...
46m ago from CaughtOffside.com

A mix of Neymar & Mbappe: Arsenal appear to be...

Arsenal look to be prioritising a transfer move for Benjamin Sesko this...
1h ago from CaughtOffside.com

Barcelona to launch move for Arsenal star as Hansi...

Barcelona are reportedly plotting a move for Arsenal attacker Gabriel...
1h ago from SportsKeeda.com

Real Madrid Transfer News Roundup: Los Blancos...

Real Madrid are working to improve the squad after an underwhelming...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.