REPORTERS 07/03/2015

Reporters

Financial problems continue to worry the mid field but what is the soultion

Offering advance payments

Formula One boss Bernie Ecclestone has offered advance payments to Sauber, Force India and Lotus to help with cash-flow problems ahead of the Australian Grand Prix next week.

Force India deputy principal Bob Fernley say that the 84-year old understand the difficulties facing the mid field. This followed the collapse of Caterham and near collapse of Marussia (now Manor). Caterham’s assets are now due to be liquidated at a public auction starting this month. While Marussia has fought back and entered the 2015 championship as the Manor Marussia F1 team.

 

BT has entered F1 with Williams but what will it mean for the team

BT enters F1

BT has agreed a multi year technology partnership with Williams. The team will use the company’s global network to improve there communication.

BT and Williams last season   worked together on an innovative pilot scheme this demonstrated some of the tangible competitive benefits that could be achieved with higher performance.

Gavin Patterson, chief executive, BT, said: “It’s really exciting to be joining forces with Williams. Both BT and Williams have an illustrious history of competing successfully at the top with cutting edge technology”

BT Sport will be challenging bigger rivals Sky and the BBC for the TV rights after 2018. But we believe that the BBC or another free to air station will be likely to retain some rights.

 

The shooting of Malaysia Airlines Fight MH17 caused the west to place sanctions which could harm F1 but why

MH17 continuing impact

The continued western imposed sanctions on Russia over allegations of Russian involvement in eastern Ukraine could lead to this year’s Grand Prix being cancelled.

The sanctions begin after the shooting down by allegedly Russian backed rebels of Malaysia Airlines fight MH17. This has caused the Russian exchange rates to rise and oil prices to rise causing some to say the country is heading towards recession.

Red Bull’s Erich Wolf confirmed “our partners in Russia are facing extremely high exchange rates. This makes it impossible to set up an infrastructure fulfilling our high standards and also to provide our fans with tickets at affordable prices.”

 

Has Sauber broken a promise to their former test driver Giedo van der Garde of a seat for 2015? Both sides say they will fight the claims

Giedo van der Garde unfairly dismissed

Former Sauber test driver Giedo van der Garde has launched legal action against the team claiming he was unfairly dismissed.

Van der Garde claims the team had promised him a seat for this season. But Sauber has signed Marcus Ericsson and Felipe Nasr to be there race drivers for this season. Sauber has not made any comment on the claims.

The next day the team fought back saying they would fight back

Sauber has confirmed they will fight legal action brought by dumped Dutch driver Giedo van der Garde. Van der Garde claims the team had promised him a seat for this season.

But Sauber has signed Marcus Ericsson and Felipe Nasr to be there race drivers for this season. Today a Swiss tribunal ordered that the  ordered the team “to refrain from taking action” to deprive Van der Garde from taking part this season.

 

Jack

Jack is responsible for the day-to-day running of Formula One Vault. He brings you all the brilliant content. Has an obsession with all things Formula One and anything with an engine.

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