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Concorde Agreement
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 were kept strictly secret: the first one was signed in 1981, with newer agreements being signed in 1987, 1992, 1997, 1998, 2009, 2013; the current agreement was signed in 2021. The secrecy was broken by racing journalist Forrest Bond, when the 120-page 1997 Concorde Agreement was published at the end of 2005 by RaceFax. The intent of the agreements is to encourage professionalism and to increase the commercial success of Formula One. Conditions of the agreement generally include the obligation of the teams to participate in every race, hence making the sport more reliable for broadcasters, who were expected to invest heavily to acquire tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fédération Internationale De L'Automobile
The Fédération Internationale de l'Automobile (FIA; en, International Automobile Federation) is an association established on 20 June 1904 to represent the interests of motoring organisations and motor car users. It is the governing body for many auto racing events, including Formula One. The FIA also promotes road safety around the world. Headquartered at 8 Place de la Concorde, Paris, with offices in Geneva and Valleiry, the FIA consists of 246 member organisations in 145 countries worldwide. Its current president is Mohammed bin Sulayem. The FIA is generally known by its French name or initials, even in non-French-speaking countries, but is occasionally rendered as International Automobile Federation. Its most prominent role is in the licensing and sanctioning of Formula One, World Rally Championship, FIA World Endurance Championship, World Endurance Championship, World Touring Car Cup, FIA World Rallycross Championship, World Rallycross Championship, Formula E, and variou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Formula One Promotions And Administration
The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights. The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. , the group is run by Stefano Domenicali as president and chief executive officer. Ross Brawn is managing director of motor sports, and Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman. History In 1974, the Formula One Constructors' Association (FOCA) was founded in order to increase commercial organisation of Formula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midland F1
Midland F1 Racing (also known as MF1 Racing, or simply "Midland") was a Formula One constructor and racing team which competed in the 2006 Formula One season with drivers Christijan Albers and Tiago Monteiro. The team was created by the renaming of Jordan Grand Prix after its purchase by Canadian businessman, and owner of the Midland Group, Alex Shnaider. The team was registered as the first Russian Formula One team, reflecting Shnaider's roots, although it continued to be based in the United Kingdom, at Jordan's Silverstone factory. Towards the end of the 2006 season, the team was sold to Spyker Cars N.V.; the team raced in its last three Grands Prix under the official name Spyker MF1 Racing. In 2007, the team competed as Spyker F1, and in 2008 was sold to Indian businessman Vijay Mallya and was renamed Force India F1. 2005 purchase of Jordan The Midland Group's interest in Formula One involvement began in 2004 when they confirmed plans to create a team to race in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jordan Grand Prix
Jordan Grand Prix was a Formula One constructor that competed from 1991 to 2005. The team was named after Irish businessman and founder Eddie Jordan. The team was based at Silverstone, UK but raced with an Irish licence. In early 2005, the team was sold to Midland Group, who competed for one final season as 'Jordan', before renaming the team as MF1 Racing for the season, before being sold later in 2006 to Dutch car manufacturer Spyker to become Spyker F1 for , and then sold again to become Force India in . In 2018, as a result of the financial collapse of the Force India team, and its subsequent buyout by a consortium led by Lawrence Stroll, the team's FIA entry was not transferred, and the Jordan Grand Prix's original entry was finally excluded from the sport. History Early history Eddie Jordan had a brief stint as a race driver in the late 1970s before founding Eddie Jordan Racing in the early 1980s. The team first came to prominence in the 1983 British Formula T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Bull Racing
Red Bull Racing, also simply known as Red Bull or RBR and currently competing as Oracle Red Bull Racing, is a Formula One racing team, racing under an Austrian licence and based in the United Kingdom. It is one of two Formula One teams owned by beverage company Red Bull GmbH, the other being Scuderia AlphaTauri (previously Scuderia Toro Rosso). The Red Bull Racing team has been managed by Christian Horner since its formation in 2005. Red Bull had Cosworth engines in 2005 and Ferrari engines in 2006. The team used engines supplied by Renault between 2007 and 2018 (from 2016 to 2018, the Renault engine was re-badged " TAG Heuer" following the breakdown in the relationship between Red Bull and Renault in ). During this partnership, they won four successive Drivers' and Constructors' Championship titles from to , becoming the first Austrian team to win the title. The team began using Honda engines in . The works Honda partnership culminated in 2021 following Red Bull driver Max ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scuderia Ferrari
Scuderia Ferrari Società per Azioni, S.p.A. () is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also known by the nickname "The Prancing Horse", in reference to their logo. It is the oldest surviving and List of Formula One Grand Prix winners (constructors), most successful Formula One team, having competed in every world championship since the 1950 Formula One season. The team was founded by Enzo Ferrari, initially to race cars produced by Alfa Romeo. However, by 1947 Ferrari had begun building its own cars. Among its important achievements outside Formula One are winning the World Sportscar Championship, 24 Hours of Le Mans, 24 Hours of Spa, 24 Hours of Daytona, 12 Hours of Sebring, Bathurst 12 Hour, races for Grand tourer cars and racing on road courses of the Targa Florio, the Mille Miglia and the Carrera Panamericana. The team is also known for its passionate support base, known as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ken Tyrrell
Robert Kenneth Tyrrell (3 May 1924 – 25 August 2001) was a British Formula Two racing driver and the founder of the Tyrrell Formula One constructor.Setright, L. J. K. "Tyrrell: A Shrewd Talent-spotter", in Northey, Tom, ed. ''World of Automobiles'' (London: Orbis, 1974), Vol. 21, p.2417. Biography Born in East Horsley, Surrey, Tyrrell served in the Royal Air Force during World War II. After the war he became a timber merchant; as a result, he was sometimes known as "Chopper". In 1952, at 28, he began racing a Norton-powered Cooper in Formula 3. In 1958, he advanced to Formula Two in a Cooper- Climax, joining Cecil Libowitz and Alan Brown. He achieved a number of good placings and the occasional win. Realising, however, that he was not going to reach the top and recognising that his talents were better suited to team management, Tyrrell stood down as a driver in 1959 and began to run the works Cooper Formula Junior team, using the woodshed owned by his family business, Tyrr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tyrrell Racing
The Tyrrell Racing Organisation was an auto racing team and Formula One constructor founded by Ken Tyrrell (1924–2001) which started racing in 1958 and started building its own cars in 1970. The team experienced its greatest success in the early 1970s, when it won three Drivers' Championships and one Constructors' Championship with Jackie Stewart. The team never reached such heights again, although it continued to win races through the 1970s and into the early 1980s, taking the final win for the Ford Cosworth DFV engine at Detroit in 1983. The team was bought by British American Tobacco in 1997 and completed its final season as Tyrrell in 1998. Tyrrell's legacy continues in Formula One as the Mercedes-AMG F1 team, who is Tyrrell's descendant through various sales and rebrandings via BAR, Honda and Brawn GP. Lower formulae (1958–1967) Tyrrell Racing first came into being in 1958, running Formula Three cars for Ken Tyrrell and local stars. Realising he was not racing dri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WilliamsF1
Williams Grand Prix Engineering Limited, currently racing in Formula One as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by former team owner Frank Williams and automotive engineer Patrick Head. The team was formed in after Frank Williams' earlier unsuccessful F1 operation: Frank Williams Racing Cars (which later became Wolf–Williams Racing in 1976). All of Williams F1 chassis are called "FW" then a number, the FW being the initials of team co-founder and original owner, Frank Williams. The team's first race was the 1977 Spanish Grand Prix, where the new team ran a March chassis for Patrick Nève. Williams started manufacturing its own cars the following year, and Switzerland's Clay Regazzoni won Williams' first race at the 1979 British Grand Prix. At the 1997 British Grand Prix, Canadian Jacques Villeneuve scored the team's 100th race victory, making Williams one of only four teams in Formula One, alongside Ferrari, fellow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Team McLaren
McLaren Racing Limited is a British motor racing team based at the McLaren Technology Centre in Woking, Surrey, England. McLaren is best known as a Formula One constructor, the second oldest active team, and the second most successful Formula One team after Ferrari, having won races, 12 Drivers' Championships and 8 Constructors' Championships. McLaren also has a history of competing in American open wheel racing, as both an entrant and a chassis constructor, and has won the Canadian-American Challenge Cup (Can-Am) sports car racing championship. The team is a subsidiary of the McLaren Group, which owns a majority of the team. Founded in 1963 by New Zealander Bruce McLaren, the team won its first Grand Prix at the 1968 Belgian Grand Prix, but their greatest initial success was in Can-Am, which they dominated from 1967 to 1971. Further American triumph followed, with Indianapolis 500 wins in McLaren cars for Mark Donohue in 1972 and Johnny Rutherford in 1974 and 1976. Aft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Formula One Administration
The Formula One Group is a group of companies responsible for the Promotion (marketing), promotion of the Fédération Internationale de l'Automobile, FIA Formula One World Championship, and the exercising of the sport's commercial rights. The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and Lehman Brothers, LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. , the group is run by Stefano Domenicali as president and chief executive officer. Ross Brawn is managing director of motor sports, and Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman. History In 1974, the Formula One Constructors' Associa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
News International
News Corp UK & Ireland Limited (trading as News UK, formerly News International and NI Group) is a List of newspapers in the United Kingdom, British newspaper publisher, and a wholly owned subsidiary of the American mass media Conglomerate (company), conglomerate News Corp. It is the current publisher of ''The Times'', ''The Sunday Times'', and ''The Sun (United Kingdom), The Sun'' newspapers; its former publications include the ''Today (UK newspaper), Today'', ''News of the World'', and ''The London Paper'' newspapers. Until June 2002, it was called News International plc.The Times Online Style Guide – see entry for News International for change from plc to Ltd On 31 May 2011, the company name was changed from News International Limited to NI Group Limited, and on 26 June 2013 to News UK. History< ...
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_locking_brakes_in_qualifying_at_USGP_2005.jpg "Click for more on -> Midland F1")
