Formula 1
Dive into a collection of past posts about finance in Formula 1.
- Mark Walter's insurers just unwound $6.5 billion in loans to his own businesses. His new F1 team was one of them
TWG Global says Cadillac's Formula 1 team isn't for sale. The insurance companies that helped bankroll owner Mark Walter's sports empire are now being forced to unwind billions in loans to his own ventures, and that is a harder problem to deny.
- Verstappen didn't just re-sign with Red Bull. He closed his own exit.
A new deal to 2030 looks like loyalty. It's actually Red Bull finally closing the exit routes built into his last contract, and driver pay sitting entirely outside the sport's cost cap is why they could afford to.
- How Formula 1 Stopped Being A Money Pit
Team values are up 89% in two years. The cost cap did more than level the racing.