Posted in September 25, 2009 ¬ 12:28 AMh.admin
The fallout from Crashgate came very quickly and very hard – both ING and the Spanish insurance company Mutua Madrilen have cancelled their sponsorship of Renault F1 effective immediately. James Allen reports that ING were providing $65 million annually with $5 million annually from Mutua Madrilen. Losing $70 million is a big hit – makes [...]
Read the rest of this entry »
Posted in September 24, 2009 ¬ 7:33 AMh.admin
This is how the Renault F1 “crashgate” ends (except for inevitable fallout of different kinds) – Renault stays involved in the sport, the guilty team managers are suspended from the sport for up to life, the guilty driver gets immunity but will likely never again step into an F1 car. James Allen writes on the [...]
Read the rest of this entry »
Posted in September 18, 2009 ¬ 8:20 AMh.admin
The scandal over Nelson Piquet Jr.’s intentional crash at Singapore last year, now resulting in the resignations of Flavio Briatore and Pat Symonds, is the latest and perhaps biggest example of how to make sponsors look at other types of sponsorship engagements. There’s been so many scandals in F1 over the last few years that [...]
Read the rest of this entry »
Posted in August 20, 2009 ¬ 7:38 AMh.admin
USF1, or USGPE, have announced a partnership with YouTube co-founder and CEO Chad Hurley – AUTOSPORT covers the story here and provides an interview with Mr. Hurley here. Some questions/possibilities come to mind. It appears this is Chad Hurley, entrepreneur, aligning with the team. Not Chad Hurley, CEO of YouTube, doing so. So it seems his [...]
Read the rest of this entry »
Posted in July 5, 2009 ¬ 4:58 PMh.admin
Wow. Even for someone with a track record of gross mis-statements, this one goes too far. Bernie Ecclestone, chief of Formula One Management and Formula One Administration, in an interview with The Times goes WAY over the top and basically says that Hitler wasn’t such a bad guy. And that Bernie liked Hitler because he [...]
Read the rest of this entry »
Posted in June 25, 2009 ¬ 8:42 AMh.admin
If you’re a F1 fan, no doubt you’ve been following the management battle between the FIA and Formula One Teams Association (FOTA). This blog launched in what now seems to have been the final week of that disagreement, thanks to the news yesterday that a resolution has been reached. Huge relief – the last thing [...]
Read the rest of this entry »