Showing posts with label F1. Show all posts
Showing posts with label F1. Show all posts
Tuesday, March 26, 2013
FORMULA ONE: Footage shows Webber's dangerous move
Dramatic new footage has emerged revealing just how serious the feud is between Red Bull teammates Sebastian Vettel and Mark Webber after the Australian pulled a shockingly dangerous manoeuvre after Sunday's Malaysian Grand Prix had finished.
Red Bull are in turmoil after Vettel ignored their clear instruction not to challenge Webber at the climax of the race, and the German was forced to issue an apology for undermining the order which has left his colleague considering his Formula One future.
The combo picture shows fuming Mark Webber (left) cutting up Red Bull teammate Sebastian Vettel in a dangerous move after Sunday’s Malaysian Grand Prix had finished.
Saturday, June 25, 2011
Super Fast Super Babes
Thursday, February 17, 2011
1MRT wanted £22m-£37m to settle dispute: Proton
Proton Holdings Bhd has claimed that the 1Malaysia Racing Team Sdn Bhd (1MRT) asked for between £22 million to £37 million (RM108 million-RM182 million) to settle the dispute over the use of the Lotus name in Formula One racing.
According to Proton, the proposed settlement was made in November last year, and included the purchase of the Team Lotus name (purportedly for £5 million) and other indirect costs that 1MRT had incurred such as development of a new brand, loss of income from produced merchandise and loss of sponsorship.
However, Proton said, it agreed to consider paying only for the Team Lotus name subject to due diligence being conducted and not be made responsible for the indirect costs which could have been avoided by 1MRT.
Sunday, February 13, 2011
Fernandes rejects RM29m Lotus offer
Datuk Seri Tony Fernandes revealed Friday that he had rejected a £6 million (RM29 million) offer to settle the Lotus naming dispute that has embroiled two F1 teams.
After a 16-year absence, the Lotus name returned to F1 last season under Fernandes, founder of AirAsia.
But in September, Proton, which owns a controlling stake in Lotus, terminated Fernandes’ licence, forcing him to drop the original name of Lotus Racing and compete as Team Lotus this season.
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