News Details
Ferrari gets shares in F1
We all know that Ferrari's influence in Formula One stretches far and wide but the true extent of it has not come to light until now. The Scuderia has become the first ever team to own a stake in F1 as it has been handed options on a 0.25% stake in the sport worth an estimated £15m according to an article in the Daily Telegraph by Christian Sylt.It adds to Ferrari's suite of F1 benefits which, as Pitpass has revealed includes a veto over the regulations and even a veto over the successor to the sport's boss Bernie Ecclestone. Of course it also gets a minimum of £60m in prize money every year too.The share options in F1 were previously held by Ferrari's chairman Luca di...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
Wolff sells £3.5m option on Williams
It's no surprise that Toto Wolff has to sell his shares in Williams. At...
10y ago from Pitpass.com
Wolff looking to sell more of Williams stake
Toto Wolff
Mercedes motorsport boss Toto Wolff is still working on...
10y ago from GrandPrix247.com
Brawn spoke to Ferrari but not seeking return
Highly rated former team boss Ross Brawn has admitted he held 'what if'...
10y ago from TheF1Times.com
Wolff looking to sell more of Williams stake
Toto Wolff is still working on offloading his stake in the Williams team....
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
The MotoGP standouts and strugglers of 2025 so far
Motorsport Monday’s latest MotoGP feature spotlights nine different...
1d ago from MotorsportWeek.c...
Maverick Vinales visits KTM HQ calling for...
No description available...
16m ago from Motorsport.com
Johann Zarco ‘thinking about how to stay' with...
Johann Zarco admits he is “thinking about how to stay” at LCR Honda...
2d ago from MotorsportWeek.c...
Johann Zarco’s hot streak highlights LCR’s awkward...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
2d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
3d ago from MotorsportWeek.c...
Kyle Kirkwood isn't "in the hunt” with Alex...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Le Mans winner Andre Lotterer aims at rallying after...
No description available...
1d ago from Motorsport.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
5d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Andrea Berta impressing at Arsenal as 'excellent...
Arsenal's new sporting director Andrea Berta is impressing people at the...
1h ago from CaughtOffside.com
'In advanced talks' – Fabrizio Romano reveals a...
Arsenal are reportedly in advanced talks to bring in Matteo Tognozzi to...
15m ago from CaughtOffside.com
Glove Butler
How supporters feel about positions of priority in the transfer market is...
1h ago from Arseblog.com
Official: Arsenal confirm the departure of 25-year-old...
Arsenal have officially confirmed the permanent departure of left-back...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 broadcaster issues health update after 'horrific' social...
F1 broadcaster Lee McKenzie has spoken out about... Read More »
3h ago from GPFans.com
Hamilton, Sainz have bad F1 ‘habits' – Hadjar
Jun.5 Just a third of a season into his Formula... Read More »
4h ago from OneStopStrategy.com
Sky F1’s Croft still ‘not buying’ Stroll injury claim
Sky F1’s David Croft has once again voiced... Read More »
56m ago from F1i.com
