News Details
Maldonado at risk of losing financial support
– A shadow of uncertainty has been cast over Pastor Maldonado's Formula 1 career, following a decision by the Venezuelan government to slash motorsport funding and switch its focus to other fields.Maldonado, who spent three seasons at Williams before moving to Lotus for the 2014 campaign, has long been backed by state-owned oil company PDVSA, in an agreement that includes significant financial support."I know I am going to make some enemies, but there will not be another dollar for motorsport," Antonio Álvarez, Venezuela's new sports minister, explained in an interview with native daily newspaper Ultimas Noticias."It is unfair to use state money in disciplines that do...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Venezuelan government funding may end for Maldonado
Hugo Chavez with Pastor Maldonado in 2011
The Formula 1 party may soon be...
11y ago from GrandPrix247.com
Formula E gets £40m funding boost
The ten Formula E team principals at the Donnington Park launch of the...
11y ago from espnF1.com
Hamilton 'never expected' four in a row
Mercedes AMG Petronas
World championship leader Lewis Hamilton says he...
11y ago from F1Zone.net
Arsenal FC Striker Lukas Podolski Shows Support for...
Arsenal FC striker Lukas Podolski showed his support for F1 legend...
11y ago from NDTVSports.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir makes Honda exit decision after receiving...
No description available...
9h ago from Motorsport.com
Valentino Rossi asks Ducati “to put in the same...
No description available...
8h ago from Motorsport.com
Trackhouse announces Davide Brivio’s exit ahead of...
No description available...
9h ago from Motorsport.com
Jorge Martin explains four crashes in two days at...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar announces revised Indy 500 qualifying schedule
Following a full day rain-out on Saturday, the NTT IndyCar Series has...
5h ago from MotorsportWeek.c...
Indy 500 qualifying postponed to Sunday with condensed...
No description available...
5h ago from Motorsport.com
Weather delays Indy 500 qualifying
Qualifying for the 110th running on the Indianapolis 500 has been delayed...
10h ago from MotorsportWeek.c...
One year later: The scandal that changed Team Penske...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Why returning to the WRC podium was so important for...
No description available...
3d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
6d ago from Motorsport.com
WRC Portugal: Thierry Neuville inherits lead as...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'I would love to…': Liverpool and Arsenal target...
Victor Froholdt has been linked with a move away from Porto at the end of...
4h ago from CaughtOffside.com
Arsenal and Liverpool enter fierce battle for...
Jobe Bellingham has been linked with the move away from Borussia Dortmund...
10h ago from CaughtOffside.com
Arsenal vs Burnley Prediction and Betting Tips | May...
Arsenal can move a step closer to clinching the Premier League title when...
11h ago from SportsKeeda.com
Report: Liverpool rival Arsenal & Man United for...
Liverpool are reportedly one of the clubs interested in the potential...
12h ago from CaughtOffside.com
Comments
Hottest News
Nurburgring 24 Hours: Watch the finish live as Max...
Max Verstappen and his No.3 Mercedes-AMG team... Read More »
1h ago from GPFans.com
Max Verstappen live onboard at the Nurburgring 24 Hours for...
Max Verstappen is bidding for glory at the... Read More »
2h ago from GPFans.com
Nurburgring 24 Hours race disqualification announced with...
The dream of a late call-up for the Nurburgring... Read More »
3h ago from GPFans.com
