F1 2023 - News/Regulation change/Developments

Deadpool F1 lol!!


Alpine F1 secures €200m from investors including Ryan Reynolds
The Alpine Formula 1 team has sold 24% of its shares to a US-based investor group including Hollywood actor Ryan Reynolds, for just over €200m.

 

good news: F1 attracts investment from USA, Reynolds' involvement will help US visibility for Alpine/F1 (look what he's done for Wrexham's brand value)

bad news: an auto manufacturer is selling a stake in its F1 team. not a strong vote of confidence

 

I don't know what they bought exactly for their £171M.
Probably it's 24% of Alpine Racing based in England, and the F1 licence that goes with it.
That's the Enstone team that started as Toleman, Benetton, Renault (twice), Genni Lotus, etc ...,
The deal probably does not include Renault Engines at Vity-Chatillon, South of Paris.
Is the team alone worth £706M ?

 

fair question.

Williams sold for $179mm for the whole company, and the buyers sold Williams Advanced Engineering for $220mm, so they basically got paid to take the F1 team

McLaren F1 was valued at $600mm or thereabouts when they got investment from MSP a few years back. personally, I'd value F1 higher than Alpine, just on history/goodwill alone.

if the entry fee for an 11th team is $200-250mm, you can assume all teams are worth at least that much as a "franchise value".

is Alpine worth 4x that? I dunno.

 

That would be Mercedes-Benz then !
They are only minor shareholders in the Mercedes-AMG F1 team (33%), the rest is owned by INEOS and Toto Wolfe.
I think manufacturers will increasingly sell stake in their F1 teams, because it make their exit easier, and less painful.
Look how BMW, Toyota and Honda lost some feathers when they decided to withdraw in the past.

 

Toto owned ~1/3 of the team when they bought Brawn

Mercedes bought Brawn with investment from Aabar (Abu Dhabi sovereign wealth fund), they bought Aabar out and basically resold that to Ineos.

Ineos basically bought back their sponsorship deal

BMW, Toyota, Honda were all cluster****s of various levels.

 

FIA interviewing non-F1 personnel to ensure cost cap compliance
The FIA has ramped up monitoring of team’s non-Formula 1 activities, including interviewing key staff, to ensure they are not getting around cost cap rules.

 

Not good racing but green we shall be in the paddock lol --
F1 to trial own paddock power station to slash carbon emissions
Formula 1 is to trial its own energy-efficient paddock power station at this weekend’s Austrian Grand Prix in a bid to dramatically cut carbon emissions.

 

more red flags to come. virtue signaling fools

 

We all know how to reduce carbon emission to Zero, don't we ?

 

Aero testing rule and its effects on teams for the rest of the season - https://www.skysports.com/f1/news/12433/12907647/f1-aerodynamic-testing-regulations-reset-ahead-of-austrian-gp-sees-aston-martin-lose-and-ferrari-gain

 

So not being able to compete and or develop to compete, then focus on next years car is a good thing James eh???

Allison: "Way too early to judge" F1 cost cap impact
It remains “way too early” to assess “any meaningful effect” that the cost cap might have had in making Formula 1 more competitive, according to Mercedes technical director James Allison.

 

https://www.autosport.com/f1/news/urgent-attention-needed-to-avoid-f1-2026-rules-ruining-racing-horner/10489541/

"Urgent attention" needed to avoid F1 2026 rules ruining racing - Horner
Red Bull team boss Christian Horner says that "urgent attention" is needed to make sure that Formula 1's 2026 rule changes do not ruin the racing.

By: Jonathan Noble
Jun 30, 2023, 7:20 PM

As revealed by Autosport earlier, F1 teams have been asking the FIA to conduct a more thorough analysis of the impact of the new 2026 cars and engines amid concerns about how they will perform on track.

There are worries that plans for increased reliance on batteries – with a 50/50 split between combustion engine and electric power production – could backfire and leave cars unable to run flat out around a lap because they cannot produce enough energy.

While the FIA is confident that the situation is under control and it is premature to be worried about matters, Horner has said that F1 needs to be careful with what happens – as he suggests it may be better to reduce the reliance on electrical power.

"I think that perhaps where we need to pay urgent attention, before it's too late, is to look at the ratio between combustion power and electrical power," he said at the Austrian Grand Prix.

"[We need] to ensure that we're not creating a technical Frankenstein, which will require the chassis to compensate to such a degree with moveable aero and reduce the drag to such a level that the racing will be affected – and that there will be no tow effect and no DRS because effectively you're running like that at all points in time.

"Plus, with the characteristics of these engines, that the combustion engine just doesn't become a generator to recharge a battery."

Horner does not believe the matter is complicated to solve, as he suggests a simple five per cent shift in combustion/electric power could be enough to help. However, he says the matter is a critically important one to get right.

"We still have two and a half years, and I think if there is a slight redress it would then create potentially a better platform for the chassis," he said.

 

I hope Audi see's the mess waiting for them in F1 lol

Vasseur: F1 should be open to change on 2026 power unit regulations
Ferrari boss Fred Vasseur says Formula 1 should be open to changing the 2026 power unit regulations, but insists that it’s too early for anyone to draw accurate conclusions.

 

Guess Max and Horner need to update their software lol????????????

F1 chiefs say 2026 rules fears prompted by old data
Formula 1 chiefs say driver and team concerns about new 2026 rules not working are misplaced and based on out-of-date simulation data.

 

Macron backs push for return of French GP
French President Emmanuel Macron has indicated that he wants Formula 1 to return to his country – with a street race in Nice a possible candidate.

 

All the hallmarks of an incoming disaster, IMO.

 

Let me be the first one to make this awfull "joke":
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What passing lol

 

Alpine: Renault not pushing for changes to F1's 2026 engine regs

Alpine team boss Otmar Szafnauer says engine manufacturer Renault is unlikely to request an adjustment to F1's 2026...

 

Are they going to drop out instead ??

 

And sell to Andretti you mean ?

Since Alpine F1 has now American shareholders, anything is possible.

Renault has been in and out of F1 several times already ...

 

https://www.autosport.com/f1/news/madrid-f1-race-a-step-closer-as-venue-boss-claims-deal-is-close/10495482/

Madrid F1 race a step closer as venue boss claims deal is close
A Formula 1 race in Madrid is a step closer to reality after the boss of the proposed venue insisted that he knows when a deal will be signed.

The claim was made on Thursday by José Vicente de los Mozos, the president of the executive committee of the IFEMA fairgrounds and convention centre located to the northeast of the Spanish capital.

Opened in 1991 IFEMA has become a major centre for conferences and conventions, and there is enough land in and around it to form the basis of a race circuit, with the existing buildings called into use.

It is operated by a consortium of public bodies, consisting of the city council of Madrid (31%), the regional administration of the community of Madrid (31%), the Madrid Chamber of Commerce (31%) and the Montemadrid Foundation (7%).

Since March it has been the host of the officially-sanctioned and well-received F1 Exhibition, which in effect has served to help the city to stake its claim for a race event.

“I know when we're going to sign it and when we're going to do it," said de los Mozos of a future race deal in comments reported by Europa Press.

He added: “We have followed the process indicated to us. The Spanish Automobile Federation has been informed from the first moment, we have signed exclusivity, and now we are advancing with the contract.”

He noted that the event would generate €500m for the region and that it would be “not a race, but an experience - the best in Europe.”

 

All I see on the horizon are more street circuits as everyone tries to hurry and cash in. I think COTA was the last proper F1 venue built for the series... I think. I guess those days are gone.