Start, Monaco, 2006

F1 owners ordered to hand over sale documents

F1 Fanatic Round-upPosted on | Author Keith Collantine

Start, Monaco, 2006In the round-up: Formula One owners CVC are ordered to hand over hundreds of documents in a court case concerning whether the sport was undervalued when they bought it in 2006.


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Setback for Ecclestone over F1 sale case (FT, registration required)

“Among the documents the judge ordered CVC to disclose are due diligence reports on F1 at the time of the sale and the refinancing; appendages to the disclosure letter from Mr Ecclestone to CVC at the time of the transaction relating to F1 revenue streams; CVC’s loan application to RBS relating to its purchase; investment committee minutes; financial models it relied upon for its offer; and a Deloitte tax report prepared for CVC at the time of refinancing.”

The Finishing Line – with Marussia?s Jules Bianchi (F1)

“The last time I lost something was…
JB: In Montreal – my F1 pass!”


Comment of the day

@Force-Maikel agrees with Luca di Montezemolo’s criticism of the FIA’s punishment for Mercedes:

Mercedes got away virtually scot free.

Yes, the other teams has the chance to test the new tyres but in all fairness they almost constantly had to use the rookies. It?s not like they are going to be able to tell the difference because most of them didn?t even drive the old version tyre.

The teams that did use their own race drivers were massively restricted in what they could do that day. Remember Kimi Raikkonen not driving that Friday? And in the end Mercedes even got the data from Pirelli.

From the forum

Happy birthday!

Happy birthday to Katy and Paul Gawne!

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On this day in F1

Jackie Stewart took his final career victory 40 years ago today on the track he dubbed the ‘Green Hell’: the Nurburgirng Nordschleife.

It was a Tyrrell one-two with Francois Cevert in second place. Nordschleife specialist Jacky Ickx was third – the Ferrari factory driver had been released to drive for McLaren as the struggling Scuderia stayed away from the race.

Here’s Stewart looking back on that race: