F1 news and rumors

Reports starting to surface about Ferrari making the move for Hamilton. He’s worth 35 million per year to Ferrari. Likely would have been able to get him for 3.5 last time he redid his contract.

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In the build up to the British GP this whole spy store is breaking. Its interesting stuff to see what is happening in the background behind all the racing action. Did Maclaren actually receive any information that they could use? Well if they keep winning I’m sure Ferrari will say they got their hands on [...]

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Shell is leveraging its Ferrari sponsorship in a big way. Its planning on closing off parts of London to film a commercial for its high-performance V-Power fuel.
The commericla was scheduled to be filmed right around this time but I have not found any updated information.
What is interesting is the money involved. Shell announced that the [...]

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Well Ron Dennis is getting the MacLaren team geared up for his retirement move. All the signs seem to be pointing in that direction.
The big news is that Bahrain’s Mumtalakat Holding Company has bought 30 per cent of the team. That 30 per cent is split between two parts that were owned by Ron [...]

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The William F1 team should be looking good every morning with no five o’clock shadows. They recently had Philips Shavers renew and increase their team sponsorship for the 2007 season.
One key fact from the press release detailing the new agreement was the fact that Philips says that their sales increased by 15 per cent [...]

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Looks like the Spyker team should be winning the paddock fashion shows in 2007. They have announced a new sponsorship deal with the Dutch high-end European fashion company McGregor Fashion Group.
The deal is good for Spyker since it was signed for three years. Any multiyear deal helps promote the notion to all potential sponsors and [...]

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The news for the MacLaren Mercedes team just keeps getting better and better on the sponsorship front.
The team has announced that they have signed their first Chinese sponsorship deal. The company is the aigo brand. Its one of biggest MP3 manufacturers in Asia and they are trying to expand beyond just Asia. They are [...]

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Kimi Raikkonen has already won the first contest of the 2007 Formula One season according to the Swiss publication Blick.
Raikkonen will be earning, that term is being loosely applied until the drivers standings are announced at the end of the season, about 1 million US dollars per week at Ferrari. His 2007 salary is [...]

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Wondering what the whole Alsonso switching process involved? Was it some high stake money game where agents were involved in some top level bargaining campaign?
Well apparently the whole process started with something far removed from that. Published reports provide the following insight into how the whole switch was started. McLaren boss Ron Dennis has [...]

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The Renault and McLaren teams appear to have won on the race on the bottom besides their success on the track. The Renault team total income for the 2005 season reportedly was about 225 million US dollars. That does not include the cost of engine development that is covered by Renault. The Renault teams budget [...]

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