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May 21, 2015

Ecclestone challenges $1.5 billion tax demand

MONACO (Reuters) – Formula One supremo Bernie Ecclestone has taken legal action against British tax officials after facing a demand for payment of more than 1 billion pounds ($1.57 billion) in relation to a family trust.

The 84-year-old told reporters at the Monaco Grand Prix on Thursday that his lawyers had acted because the revenue and customs body (HMRC) “haven’t respected an agreement they made back in 2008.”

May 21, 2015

Formula One opens tyre tender for 2017-19

MONACO (Reuters) – Formula One has formally opened the tyre tender for a sole supplier to the series for three seasons from 2017, with interested parties invited to apply by June 17.

Pirelli’s current contract expires at the end of 2016 but they will be favorites to continue despite interest from French rivals Michelin, who would want a change to allow bigger rims and longer-lasting tyres.

May 21, 2015

Motor racing-Ecclestone challenges $1.5 billion tax demand

MONACO, May 21 (Reuters) – Formula One supremo Bernie Ecclestone has taken legal action against British tax officials after facing a demand for payment of more than 1 billion pounds ($1.57 billion) in relation to a family trust.

The 84-year-old told reporters at the Monaco Grand Prix on Thursday that his lawyers had acted because the revenue and customs body (HMRC) “haven’t respected an agreement they made back in 2008.”

May 21, 2015

Bianchi family still hoping for a miracle

MONACO (Reuters) – Jules Bianchi is still fighting for his life and his family have not given up hope of a miracle, his father Philippe said as Formula One returned to the scene of the stricken French driver’s greatest moment on Thursday.

The 25-year-old remains in a coma in a hospital in nearby Nice after suffering brain injuries in a horrific crash in Japan last October.

May 21, 2015

Motor racing-Bianchi family still hoping for a miracle

MONACO, May 21 (Reuters) – Jules Bianchi is still fighting for his life and his family have not given up hope of a miracle, his father Philippe said as Formula One returned to the scene of the stricken French driver’s greatest moment on Thursday.

The 25-year-old remains in a coma in a hospital in nearby Nice after suffering brain injuries in a horrific crash in Japan last October.

May 21, 2015

Verstappen steals the show on Monaco debut

MONACO (Reuters) – Too young to rent a car, or drive unaccompanied on public roads, 17-year-old Formula One prodigy Max Verstappen had his bosses purring with a sensational performance in practice for the Monaco Grand Prix on Thursday.

The fresh-faced Dutch rookie stole the show after lapping second fastest to Mercedes’ world champion Lewis Hamilton around an intimidating and unforgiving street circuit he had never driven before.

May 21, 2015

Motor racing-Formula One opens tyre tender for 2017-19

MONACO, May 21 (Reuters) – Formula One has formally opened the tyre tender for a sole supplier to the series for three seasons from 2017, with interested parties invited to apply by June 17.

Pirelli’s current contract expires at the end of 2016 but they will be favourites to continue despite interest from French rivals Michelin, who would want a change to allow bigger rims and longer-lasting tyres.

May 21, 2015

Motor racing-Verstappen steals the show on Monaco debut

MONACO, May 21 (Reuters) – Too young to rent a car, or drive unaccompanied on public roads, 17-year-old Formula One prodigy Max Verstappen had his bosses purring with a sensational performance in practice for the Monaco Grand Prix on Thursday.

The fresh-faced Dutch rookie stole the show after lapping second fastest to Mercedes’ world champion Lewis Hamilton around an intimidating and unforgiving street circuit he had never driven before.

May 21, 2015

Hamilton fastest, Verstappen shines in Monaco FP1

MONACO (Reuters) – Formula One world champion Lewis Hamilton was fastest but teenage rookie Max Verstappen stood out with an eye-catching performance in a damp opening practice for the Monaco Grand Prix on Thursday.

Hamilton, fresh from signing a new three-year deal with Mercedes, lapped the tight street circuit with a best time of one minute 18.750 seconds on a cool and overcast morning.

May 21, 2015

Motor racing-Hamilton fastest, Verstappen shines in Monaco FP1

MONACO, May 21 (Reuters) – Formula One world champion Lewis Hamilton was fastest but teenage rookie Max Verstappen stood out with an eye-catching performance in a damp opening practice for the Monaco Grand Prix on Thursday.

Hamilton, fresh from signing a new three-year deal with Mercedes, lapped the tight street circuit with a best time of one minute 18.750 seconds on a cool and overcast morning.

    • About Alan

      "I am Reuters London-based motor racing correspondent, writing mostly about Formula One from around the world and covering my first race at Silverstone in 1991. I also report on other sports when not at grands prix."
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