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
Vinales: If Yamaha had listened to me, I would already...
No description available...
14h ago from Motorsport.com
Jack Miller: ‘I haven't met my expectations'...
Jack Miller believes 'I haven't met my expectations' as he assessed his...
13h ago from MotorsportWeek.c...
Marquez recommended Lorenzo to Honda to prevent Ducati...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How Foster proved a point and fulfilled a lifelong...
No description available...
3d ago from Motorsport.com
The spotlight now on IndyCar, Indy NXT as both series...
No description available...
5d ago from Motorsport.com
Sophia Floersch signs with HMD Motorsports for 2025...
No description available...
1w ago from Motorsport.com
Fading financial support pushes rising star...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
The Dacia/Prodrive innovation that is positively...
No description available...
12h ago from Motorsport.com
Rovanpera hopes circuit racing exploits can help 2025...
No description available...
1d ago from Motorsport.com
More events like Monza Rally Show would be “nice”...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal identify 24-year-old Serie A star as a...
No description available...
8h ago from SportsKeeda.com
'The majority see obstacles, but few see the...
No description available...
8h ago from SportsKeeda.com
Bukayo Saka breaks silence after hamstring injury as...
Arsenal winger Bukayo Saka shares an update on social media after...
4h ago from SportsMole.co.uk
Arsenal latest: Saka provides injury update from...
No description available...
9h ago from SkySports.com
Comments
Hottest News
Race CANCELLED in shock update after unexpected twist
One of the final races on the 2024 motorsport... Read More »
13h ago from GPFans.com
Newey handed Aston Martin WARNING as doubts unveiled
Formula 1 design legend Adrian Newey has been... Read More »
19h ago from GPFans.com
F1 team boss makes 'new girlfriend' plea in bold...
A Formula 1 team principal has delivered some... Read More »
6h ago from GPFans.com
