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
Unpacking the art of value betting in MotoGP
Value betting in MotoGP is a strategic blend of data analysis,...
6h ago from MotorsportWeek.c...
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Colton Herta praises IndyCar's delayed cautions;...
No description available...
12h ago from Motorsport.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
20h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
1d ago from MotorsportWeek.c...
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Barcelona Transfer News Roundup: Cristiano Ronaldo...
Barcelona secured a 3-1 win over Vissel Kobe on Sunday, July 27, at the...
11h ago from SportsKeeda.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
Real Madrid will have their eyes on the league and the Champions League...
11h ago from SportsKeeda.com
“It’s scary to play against him” - Arsenal...
Arsenal defender William Saliba has proclaimed new signing Viktor Gyokeres...
15h ago from SportsKeeda.com
'Only thing I need is some assists” - Viktor...
Arsenal's new signing, Viktor Gyokeres, thrilled many Gunners' fans on...
15h ago from SportsKeeda.com
Comments
Hottest News
Lando Norris and Oscar Piastri handed 'execution' warning...
It will be a case of fine margins as to who will... Read More »
41m ago from RacingNews365.com
Hamilton promises to 'try and do a better job' next weekend...
On the back of an up-and-down weekend at... Read More »
31m ago from F1Technical.net
Lando Norris one of TEN drivers hit by late FIA ruling...
Lando Norris was revealed as one of 10 F1 stars... Read More »
10h ago from GPFans.com