Miami GP organisers admitted the cost of hosting their race this year “far exceeded expectations”, to a degree where they did not turn a profit. Overall revenue will have been high for the race as tickets for the sell-out event…
Read MoreFerrari defend their Miami GP strategy after Christian Horner’s "lucky" comment
Ferrari have defended their strategy not to stop during the Safety Car period in Miami after Red Bull boss Christian Horner conceded his team had been “lucky” as a result. With Max Verstappen comfortably in the lead, the only chance…
Read MoreSpies and lies: regulators round on Credit Suisse
ZURICH/FRANKFURT (Reuters) – Credit Suisse misled authorities over spying on its staff and lied to investors about a corrupt loan to Mozambique, regulators said, painting a bleak picture of the cultural decay at the global bank.FILE PHOTO: Traditional fishing boat…
Read MoreTurkish GP in doubt again, news on Japan incoming
The Turkish GP, called up as a replacement only to be dropped then rescheduled, could be dropped again according to reports. Istanbul Park returned to the Formula 1 calendar in 2020, a race which proved one of the highlights of…
Read MoreDutch GP remains on course for 105k fans
Following a government announcement in the Netherlands, the Dutch Grand Prix looks set to go ahead in front of capacity crowds. The race in Zandvoort was set to return to the calendar in 2020, but that never came to pass…
Read MoreExclusive: Oil trader GP Global APAC seeks debt moratorium in Singapore
SINGAPORE (Reuters) – Oil trader GP Global APAC Pte Ltd has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than $1 billion dollars in debt, according to a company…
Read More'Turkish GP proved it is Hamilton, not the car' | F1 News by PlanetF1
If anyone is still sitting on the fence as to whether it is Lewis Hamilton or the car, Ross Brawn says they should watch a replay of his 2020 Turkish Grand Prix heroics. Returning to the newly resurfaced Istanbul Park…
Read MoreLive: Follow Sakhir GP practice as it happens
Follow all the action from the Sakhir Grand Prix as it happens with our minute-by-minute coverage. Source: Read Full Article
Read MoreNeiman Marcus expects to emerge from bankruptcy by end-September
(Reuters) – Neiman Marcus Group said on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is likely to eliminate more than $4 billion of its debt. The luxury…
Read MoreBelgium investigates Credit Suisse over hidden accounts
BRUSSELS (Reuters) – Belgian prosecutors have launched an investigation into whether Swiss bank Credit Suisse (CSGN.S) helped some 2,650 Belgians hide their accounts from tax authorities. The investigation by federal prosecutors is at the information-gathering stage and no charges have…
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