News Details
Maldonado unconcerned by sponsorship rumours
Pastor Maldonado is not concerned about his Formula 1 future despite comments from the Venezuelan sports minister saying that investment in motorsport will be curtailed.
Maldonado's racing career has been largely backed by state oil company PDVSA, which is one of the biggest driver sponsors on the grid. PDVSA brokered his move to Lotus for 2014, aiding the team's financial woes and still having the change to pay Williams $25m for ending the contract one year early.
However, since the death of president Hugo Chavez, there have been a number of changes in the Venezuelan government. The new sports minister, Antonio Alvarez, was quoted as saying that all investment in motorsport would be cut...
Full Story »
Full Story »
11y ago from RichlandF1.com
0
You May Also Be Interested In...
Sports minister hints Maldonado money at risk
Lotus F1 Team
Venezuela's new sports minister has hinted that Pastor...
11y ago from F1Zone.net
Maldonado's future uncertain as funding to be cut
Pastor Maldonado's future in Formula 1 may come to an end if he can't...
11y ago from TheF1Times.com
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
Maldonado at risk of losing financial support
– A shadow of uncertainty has been cast over Pastor Maldonado's...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: Accepting I might not win at Barcelona...
No description available...
10h ago from Motorsport.com
Francesco Bagnaia baffled by nightmare Catalan GP...
No description available...
12h ago from Motorsport.com
Brad Binder explains KTM’s rapid pace in Catalan GP...
No description available...
11h ago from Motorsport.com
Brad Binder leads KTM 1-2 in second Barcelona MotoGP...
Brad Binder set a new all-time lap record around the Barcelona circuit to...
14h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
3d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
2d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
2d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
5d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
4d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal plot surprise decision after ‘smart...
Arsenal handed a new contract to Belgian attacker Leandro Trossard last...
14h ago from CaughtOffside.com
'Clause only for Liverpool' revealed as Reds have edge...
Liverpool have the edge over Premier League rivals such as Chelsea and...
20h ago from CaughtOffside.com
Club accelerating efforts to sign Arsenal star while...
Arsenal are reportedly still facing interest in versatile Belgian attacker...
18h ago from CaughtOffside.com
Sources: Tottenham to try again for 50m Arsenal target...
Tottenham are continuing to show a strong interest in a potential transfer...
18h ago from CaughtOffside.com
Comments
Hottest News
Jeremy Clarkson says F1 drivers are all fine - EXCEPT ONE
Jeremy Clarkson has released a cryptic post about... Read More »
7h ago from GPFans.com
F1 2025 Italian Grand Prix – FP2 Results
McLaren's Lando Norris topped the times in the... Read More »
12h ago from MotorsportWeek.com
Hamilton is confident Ferrari 'can make good progress...
Having topped the opening practice session at the... Read More »
1h ago from F1Technical.net