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PDVSA

Maldonado to continue with Lotus in 2015

Jul 20, 2014No Comments

As Lotus firms up its plans for 2015, Romain Grosjean’s future is looking clouded. It was already known that, when Pastor Maldonado and his lucrative

Maldonado denies that PDVSA backing will en...

May 22, 2014No Comments

Pastor Maldonado has denied his sponsorship backing is ending. Early this week, the new Venezuelan sports minister Antonio Alvarez warned the country will not spend

Maldonado might lose PDVSA backing

May 20, 2014No Comments

The F1 party may soon be over for Pastor Maldonado. Until now, the 29-year-old Venezuelan’s formula one career has been powered by state millions, through

Maldonado paid $25 million to leave William...

May 03, 2014No Comments

A $25 million termination payment from Pastor Maldonado’s sponsor helped Williams to drive back into profit. The publicly-listed British team released its 2013 financial results

Lotus need more people – Grosjean

Mar 22, 2014No Comments

Lotus needs to recruit staff following a disastrous start to the 2014 season, team driver Romain Grosjean says. Although competitive, the Enstone based team had

Even small teams drive up the formula 1 cos...

Feb 20, 2014No Comments

Even the smaller teams are guilty of worsening F1’s growing financial crisis. That is the view of the departing Lotus chief executive Patrick Louis, who

Felipe Massa confirms Williams talks

Oct 24, 2013No Comments

Felipe Massa on Thursday admitted he is in talks with Williams. Earlier, a Brazilian website said Massa, 32, has rescued his F1 career with a

Maldonado adamant about his future in F1

Oct 21, 2013No Comments

Pastor Maldonado has hit back at rumours suggesting his future in formula one is clouded. The rumours late last week said the Venezuelan’s management had