Mercedes knew risks of leaving exit clause in Hamilton F1 contract

As the German manufacturer comes to terms with Hamilton’s shock decision to join Ferrari from 2025, it is well aware that the new two-year deal it agreed with the seven-time champion last year had flexibility on both sides to be terminated as early as the end of this season.It is understood that this was a compromise arrangement to give both parties a degree of movement for 2025 in case …Keep reading
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Haas reveals 2024 VF-24 F1 car livery

Compared to the colour scheme the American team ran on its VF-23 2023 car, the new livery is not a substantial change, with the main area of alteration being the upper nose section.This is now predominantly black compared to being white last year, which makes the VF-24 appear dark from all angles compared to its predecessor.While Haas has only released renders of the VF-24’s livery so far, it …Keep reading
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Wolff: Mercedes will be fair to Hamilton and Russell in F1 2024

Speaking the day after Hamilton’s shock move to Ferrari for 2025 was announced, Wolff said he has no concerns about potentially having to block the flow of information on future development to Hamilton, suggesting that it’s too early to make a call on how that process might work.Logic suggests that Hamilton will henceforth be frozen out of any discussions on 2026, when the new F1 regulations …Keep reading
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Mercedes ‘bitten’ by new Norris, Leclerc F1 contracts in search for Hamilton successor

The shock news emerged on Thursday that Hamilton will join Ferrari for 2025. This comes only a week after Ferrari re-signed Leclerc, and McLaren retained Norris on “multi-year” extensions.While Hamilton’s move underlines that F1 driver contracts may contain exit clauses, Mercedes team boss Wolff appears to have poured cold water on the prospect of going after Leclerc and Norris – both of whom were …Keep reading
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Haas: Ferrari customer model not reason for F1 struggles

Komatsu took over from Guenther Steiner at the start of this year, after team owner Gene Haas felt it was time for the squad to embark on a change of direction to move itself off the bottom of the constructors’ championship.It is understood that one of the key disagreement points between Haas and Steiner was over how much investment the team needed to move forward.While Steiner felt that it …Keep reading
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De Vries loses court case over loan and AlphaTauri F1 earnings

The Amsterdam District Court has decreed that De Vries will have to repay the €250,000 loan and, in addition, pay half of both his salary and any sponsorship income he earned during his partial F1 season with AlphaTauri up to July 2023. The Dutchman is now considering an appeal against the decision.De Vries obtained the loan from Jeroen Schothorst’s Investrand company in 2018, when he needed …Keep reading
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