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LG confirmed as new F1 sponsor

LG, the major South Korean electronics company As predicted, the South Korean electronics giant LG on Wednesday was revealed as an official formula one sponsor. “I don’t like the word ‘sponsor’,” F1...

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Crisis can’t dent F1 – Ecclestone

Ecclestone said the sport remains a huge draw Bernie Ecclestone has moved to play down the impact the global financial crisis may have on the world of formula one.   The Japanese manufacturer Honda has...

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Fans asked to choose venue for Polish GP

Poland could be among the next names to feature on future formula one calendars The electronics firm LG, a global sponsor of the world championship, is backing a campaign in the central European...

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F1 sponsor LG considers team backing

 Electronics giant LG is considering ramping up its sponsorship involvement with formula one Late last year, the South Korean brand was unveiled as an official backer of the world championship, with...

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New team manager for Williams, new sponsor for Red Bull

Williams has confirmed reports that Dickie Stanford is returning to grands prix in the team manager role. Stanford, who previously held the role until he moved to a factory-based job in 2005, is...

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Release of US GP details eases some scepticism

“Even if they’re one year late, it won’t stop the project happening.” -Dennis The site location and the primary investor have been revealed by organisers of the 2012 United States grand prix. Zak...

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Korea’s Hyundai ‘not interested’ in F1 – report

The likelihood of Hyundai entering formula one in the near future has diminished. Some years ago, the Korean carmaker – currently the fifth largest in the world and comprising Kia – was linked with...

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Yeongam GP wants Korean team and driver in F1

Korea GP vows to solve problems for 2011 Organisers of the Korean grand prix have indicated they will support efforts to see a local team and driver on the formula one grid. “This is something we...

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Korean companies waiting before entering F1

The only Korean brand involved as a sponsor was LG. South Korean companies are reportedly holding off before deciding whether to follow the east Asian country into formula one. The brand new Yeongam...

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Crescent Street promoter rides again in 2011, expecting to surpass One...

Brian Fogt, the man behind Montreal’s top street festivals, announces schedule He has been at it for twelve years now and doesn’t see why he should stop. Brian Fogt, president and owner of BBF...

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F1 director buys stake in sponsorship agency

One of F1′s non-executive directors is looking to get involved with formula one sponsorship deals. The Financial Times reports that global communications services company WPP, headed by founder and...

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Rolex becomes F1′s official timekeeper

Luxury watchmaker Rolex has signed up as F1′s official timekeeper. F1′s official website said the “major” deal is a “long-term” one. “This is an exciting step for us at Rolex as the fit between formula...

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Ecclestone to pen $200m sponsor deal – report

Bernie Ecclestone is tipped to sign up the airline Emirates as a major F1 sponsor on a visit to Dubai on Tuesday. The Financial Times said the five year deal is worth “about $200m”, making it “one of...

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F1 loses sponsor LG

Formula one has lost an official sponsor. LG, the electronics brand, has announced it is ending its five-year relationship with the sport. “LG would like to thank the many organisations, teams and...

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