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Formula One is set to have its second race of the 2022 season on Sunday. This weekend’s race is taking place in Saudi Arabia. According to reports, Formula One’s drivers considered boycotting ...
In general, Formula One teams are more financially stable than they were in the 1990s or 2000s, meaning that fewer teams need to hire pay drivers to pay the bills. [21] The Williams team was in chronic financial distress for much of the 2010s until the Williams family sold the team to a private equity investor.
A 2023 report from Moody's Investors Service indicates that new auto loan delinquencies are on the rise. In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3%, up ...
From the March 2006 issue to the February 2007 of F1 Racing, Max Mosley, then president of the FIA, had a monthly column in the magazine. As of 2011 F1 Racing has been available as a digital download, alongside the print edition. In 2016, Haymarket sold their motorsport properties to Motorsport Network, including F1 Racing.
The Concorde Agreement is a contract between the Fédération Internationale de l'Automobile (FIA), the Formula One teams and the Formula One Group which dictates the terms by which the teams compete in races, and how the television revenues and prize money is shared. There have been eight versions of the Concorde Agreement, all of which terms ...
When buying a car, one rule of thumb is the 20/4/10 guideline, which suggests putting 20% down on a 4-year car loan, with monthly payments that do not exceed 10% of your monthly income.
A Formula One Grand Prix is an auto racing event which takes place over three days (usually Friday to Sunday), with a series of practice and qualifying sessions prior to the race on Sunday. Current regulations provide for two free practice sessions on Friday, a morning practice session and an afternoon qualifying session held on Saturday, and ...
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