Showing posts with label Formula 1 racing. Show all posts
Showing posts with label Formula 1 racing. Show all posts

Tuesday, 25 August 2009

India Government Doesn't want Formula 1

formula 1
The India Government has refused to provide financial support for Formula 1 racing in the country - as it doesn not believe that racing is a sport!!

This is the argument released by the government:

"Formula 1 racing would have no impact on the development of sports in the country. Formula 1 is not purely sports. It is entertainment and this venture by JKSP is a commercial initiative. It will not have an impact on Indian sports in terms of either participation, broad-basing or promotion of excellence."

Tuesday, 17 March 2009

New Changes Are Unilateral Claims Ferrari

ferrari

Ferrari is leading the opposition against the latest changes announced in Formula 1 racing.

Among the most contentious rules agreed to by the FIA on Tuesday is the move to award the world championship to the driver with the most race wins for the year rather than the most points, starting at this month's season-opening Australian Grand Prix.

Ferrari boss and Formula One Teams' Association chairman Luca di Montezemolo says "The framework of the regulations as defined by the FIA, to be applicable from 2010, runs the risk of turning on its head the very essence of Formula 1 and the principles that make it one of the most popular and appealing sports".

Thursday, 12 March 2009

Bernie Ecclestone - Most Powerful Man in Formula 1 Gets Divorced

Slavica Ecclestone

Formula 1 tycoon Bernie Ecclestone was divorced by his wife yesterday on the grounds of "unreasonable behaviour". Slavica Ecclestone, 50, was granted divorce by a judge in central London. So, Slavica will be taking home a lot of money as Formula 1 boss Bernie Ecclestone is all set to pay the world’s most expensive divorce settlement to his wife of 24 years. The settlement could amount to almost £1 billion, according to legal experts. So, Slavica will be taking home a lot of money as Formula 1 boss Bernie Ecclestone is all set to pay the world’s most expensive divorce settlement to his wife of 24 years. The settlement could amount to almost £1 billion, according to legal experts. Most of the property owned by the racing boss is in the name of his ex-wife because of tax reasons. It includes a hotel in Switzerland and ownership of the Queens Park Rangers Champions League soccer team, apart from Alpha Prema, the holding company of Formula 1 racing.

It is interesting to learn that Bernie, often called “Mr Formula One”, had to pursue his future bride before winning her. In 1984, at the age of 54, Bernie met the 26 year old Croatian model, Slavica Radic, during a Formula 1 event. Despite being nearly a foot shorter than the 6′ 2″ Slavica, Bernie fell for her and chased her relentlessly. At the time Bernie spoke no Croatian and Slavica spoke only her native tongue and Italian, so the courtship must have been a bit difficult.
Yet, in true determined Ecclestone fashion, Bernie won his bride and they were married. They have two daughters, Tamara and Petra, and the marriage had lasted for more than twenty years.