Liberty Media to takeover F1

Liberty Media, US firm, had confirmed it is buying the racing business Formula One for £3.3bn ($4.4bn). Bernie Ecclestone will remain as chief executive but Chase Carey, Vice-chairman of 21st Century Fox , will become the new chairman. Liberty Media has stakes in several sports and entertainment business, including the Atlanta Braves Major League Baseball…

Third F1 Championship win for Lewis Hamilton

1 Lewis Hamilton –Mercedes 2 Nico Rosberg     – Mercedes 3 Sebastian Vettel – Ferrari 4 Max Verstappen – Toro Rosso 5 Sergio Perez       – Force India Mercedes’ Lewis Hamilton wins his third F1 championship. He won a thrilling United States Grand Prix in Austin, as he pressured his team-mate Nico Roseberg into an error during…

Ferrari ignites £ 6 billion IPO float in New York

Ferrari the sports car giant raced to $10billion (£6.5billion) ahead of its first day of trading in the New York Stock Exchange. Parent Company Fiat Chrysler automobiles raised $893million £580.5million form an IPO that attracted strong investor interest as the company sold 17.2 million shares at £52 each, but underwriters could take a further 1.7million…

Hamilton wins the Russian F1 Grand Prix

Lewis Hamilton in his Mercedes , was victorious in Sochi on Sunday at the Russian F1 race. And is on the verge of the Formula One title and needs another win in Texas next week to take the title. His pole sitting team mate Nico Rosberg retired from the lead with throttle problems on lap…

Ross nearing the $8.5bn F1 deal

The sale of Formula One, to a US-Qatari consortium for $8.5bn is in its final stages. Stephen Ross, 75 year old owner of the Miami Dolphins American football team is heading the consortium, and CVC the private equity group which owns 35.5 per cent of F1, negotiations have concluded. Bernie Ecclestone F1’s 84 year old…

Lewis wins

Lewis Hamilton dominated the Japanese Grand Prix, in his Mercedes to put a stranglehold on the Formula 1 title. Hamilton’s eighth victory in 14 races extends hi championship lead to 48 points with 125 still available in the remaining five grand prix. After victory Hamilton said it felt “unreal” a he moved level with his…

Sebastian Vettel wins in Singapore as Lewis Hamilton retire

Sebastian Vettel wins in Singapore as Lewis Hamilton retiresThere was two caution period which brought out the safety cars the second one caused by a man wandering along the track. Hamilton with 7 wins and 252 points, suffered a loss of power while running the fourth and eventually hasd to retire. His team-mate Nico Roseberg…

Lewis Hamilton wins the Silverstone Grandprix

British Grand Prix  2015  –  Formula One World Championship 5 Jul  –  Silverstone Circuit  –  52 laps  –  190 miles 1.        Lewis Hamilton – Mercedes   25    1:31:27.729    200.868 mph 2.       Nico Rosberg – Mercedes         18    +10.956sec    200.468 mph 3.  …

Nico Roseberg wins Monaco Formula One Grand Prix

Nico Roseberg of Mercedes and Sebastian Vettel of Ferrari benefited from a poor strategy call from Mercedes who called in Lewis Hamilton in to the pits after Max Verstappen crash. This error cost, the Formula One reigning champion Lewis Hamilton race   who was dominating most of the race and could only finish third.  …

Lewis Hamilton Wins the Chinese F1 Grand Prix

Lewis Hamilton wins the Chinese Grand Prix for Mercedes as the Ferrari revival was stopped in its tracks in Shanghai. Roseburg second Vittel third and Raikkonan 4th Massa 5th. Hamilton have won the Chinese Grand Prix four times now, and showed his superiority as he neared each of his two stops, when Hamilton suddenly unleashed…