F1's bad payers exposed

According to the Mail on Sunday, an self-governing study conducted by business information company Dun & Bradstreet reveals that only two teams pay earlier than the due date.

Red Bull Racing and sister team Toro Rosso, both bankrolled by Austrian billionaire Dietrich Mateschitz, are the only clothes that pay their creditors - which comprise caterers, designers, equipment suppliers and haulage firms - on time. However, that is mainly down to Mateschitz's decision to boost the teams' budget.

'The data, which contrast the rate of payment between December 2009 to April 2010 and between April to November last year, reveal that even though the economy has begun to pick up, the creditworthiness of F1 teams has not,' the statement claims.

Despite having some of the biggest budgets in the sport, heavyweights Mercedes, Ferrari and McLaren are typically late by between 11 and 17 days. The trio were upstaged by rookies Virgin - backed by Sir Richard Branson - who on standard settled their accounts eight days after the due date.

Force India are by far the worst of the recognized outfits as they usually take about a month to pay their bills despite being owned by Indian billionaire Vijay Mallya.

The report adds: 'One supplier, who did not wish to be named, said his company has had to pay its own staff late as a result. 'If Vijay sold his yacht, it would keep the team going for a couple of years,' he said.'

The Northamptonshire-based team though don't get the award for worst overall offender. That honour goes to rookies Lotus who typically pay 180 days late. 

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F1's bad payers exposed

According to the Mail on Sunday, an self-governing study conducted by business information company Dun & Bradstreet reveals that only two teams pay earlier than the due date.

Red Bull Racing and sister team Toro Rosso, both bankrolled by Austrian billionaire Dietrich Mateschitz, are the only clothes that pay their creditors - which comprise caterers, designers, equipment suppliers and haulage firms - on time. However, that is mainly down to Mateschitz's decision to boost the teams' budget.

'The data, which contrast the rate of payment between December 2009 to April 2010 and between April to November last year, reveal that even though the economy has begun to pick up, the creditworthiness of F1 teams has not,' the statement claims.

Despite having some of the biggest budgets in the sport, heavyweights Mercedes, Ferrari and McLaren are typically late by between 11 and 17 days. The trio were upstaged by rookies Virgin - backed by Sir Richard Branson - who on standard settled their accounts eight days after the due date.

Force India are by far the worst of the recognized outfits as they usually take about a month to pay their bills despite being owned by Indian billionaire Vijay Mallya.

The report adds: 'One supplier, who did not wish to be named, said his company has had to pay its own staff late as a result. 'If Vijay sold his yacht, it would keep the team going for a couple of years,' he said.'

The Northamptonshire-based team though don't get the award for worst overall offender. That honour goes to rookies Lotus who typically pay 180 days late. 

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Rossi to be unveiled in Ducati colours at Wrooom 2011

Ducati’s 2011 MotoGP project will be formally presented this week at Madonna di Campiglio, with the celebration of the customary Wrooom event. The gathering, which takes place at the Italian ski resort at the turn of each new year, will offer media and fans a first detection of Valentino Rossi in Ducati red as the Italian joins team-mate Nicky Hayden for the week-long programme.

The riders, guests and media will arrive on Monday evening after which a busy schedule will begin. On Tuesday morning both Hayden and Rossi will be the focus of concentration as they field questions from the gathered press in person press conferences, following which they will pretense for photographs with Team Manager Vittoriano Guareschi and then meet fans.

Then on Wednesday it will be the turn of Claudio Domenicali, boss of Ducati Corse, to answer enquiries about the new GP11 prototype after which the 2011 machine will be unveiled. Joining the MotoGP riders during the week will be Scuderia Ferrari drivers Fernando Alonso and Felipe Massa, who will be on hand to present the Italian Formula 1 team’s 2011 car.

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Rossi to be unveiled in Ducati colours at Wrooom 2011

Ducati’s 2011 MotoGP project will be formally presented this week at Madonna di Campiglio, with the celebration of the customary Wrooom event. The gathering, which takes place at the Italian ski resort at the turn of each new year, will offer media and fans a first detection of Valentino Rossi in Ducati red as the Italian joins team-mate Nicky Hayden for the week-long programme.

The riders, guests and media will arrive on Monday evening after which a busy schedule will begin. On Tuesday morning both Hayden and Rossi will be the focus of concentration as they field questions from the gathered press in person press conferences, following which they will pretense for photographs with Team Manager Vittoriano Guareschi and then meet fans.

Then on Wednesday it will be the turn of Claudio Domenicali, boss of Ducati Corse, to answer enquiries about the new GP11 prototype after which the 2011 machine will be unveiled. Joining the MotoGP riders during the week will be Scuderia Ferrari drivers Fernando Alonso and Felipe Massa, who will be on hand to present the Italian Formula 1 team’s 2011 car.

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Narain Karthikeyan Makes Surprise Comeback to Formula 1

Narain Karthikeyan’s comeback into Formula One has surely astonished many. The fact that he is coming back after a five-season nonappearance from the top form of motorsport is not an easy attainment.

Seen as someone who has umpteen raw talent, the 33-year-old now has another possibility to prove his mettle with the best in the world.

His last spell in F1 with the Jordan Toyota team in 2005 was unassuming but with things having changed in the sport, it could be a different ball game.

However, he has had some good results and also wins in the now-defunct A1 GP World Cup of Motorsport and the Superleague Formula series (for Dutch side PSV Eindhoven). He has been driving in the Nascar World Camping Truck sequence in 2010 and in Le Mans.

With so much racing knowledge, his 2011 season with Hispania, who have complete his signing up, could indeed throw up something interesting. Daily News & Analysis

Karthikeyan said: “I am confident that I still have the pace, the health and the will to succeed in Formula 1.”

Team boss Colin Kolles said: “I am sure his knowledge and speed will be very useful for the team during the season.”

India will also host its first F1 Grand Prix in October, and Karthikeyan says he is honoured to be clever to race on home soil next season.

“I’ve been from beginning to end a lot in my career but to be a part of the first-ever Indian Grand Prix will a special moment for me,” Karthikeyan said.

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Narain Karthikeyan Makes Surprise Comeback to Formula 1

Narain Karthikeyan’s comeback into Formula One has surely astonished many. The fact that he is coming back after a five-season nonappearance from the top form of motorsport is not an easy attainment.

Seen as someone who has umpteen raw talent, the 33-year-old now has another possibility to prove his mettle with the best in the world.

His last spell in F1 with the Jordan Toyota team in 2005 was unassuming but with things having changed in the sport, it could be a different ball game.

However, he has had some good results and also wins in the now-defunct A1 GP World Cup of Motorsport and the Superleague Formula series (for Dutch side PSV Eindhoven). He has been driving in the Nascar World Camping Truck sequence in 2010 and in Le Mans.

With so much racing knowledge, his 2011 season with Hispania, who have complete his signing up, could indeed throw up something interesting. Daily News & Analysis

Karthikeyan said: “I am confident that I still have the pace, the health and the will to succeed in Formula 1.”

Team boss Colin Kolles said: “I am sure his knowledge and speed will be very useful for the team during the season.”

India will also host its first F1 Grand Prix in October, and Karthikeyan says he is honoured to be clever to race on home soil next season.

“I’ve been from beginning to end a lot in my career but to be a part of the first-ever Indian Grand Prix will a special moment for me,” Karthikeyan said.

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Ferrari not happy with engine changes

Last month the World Motorsport Council accepted the plan to switch from the normally-aspirated V8s that are at present in use and have been for a number of time to energy-efficient 1,6 litre, four-cylinder turbo units in 2013. The new scheme would also run in combination with KERS.

Before the choice was made, F1 supremo Bernie Ecclestone spoken his displeasure stating that: "We have a very good engine formula. Why should we alter it to something that is going to cost millions of pounds and that nobody wants and that could end up with one producer getting a big advantage?"

Di Montezemolo has now additional his voice to the chorus of discontent, and not for the first time either.

"We will not be structure any [four cylinder engines] for our street cars," he told Auto Motor und Sport. "For the top class of racing it sounds a bit pathetic. Why couldn't we have a V6 turbo? We should not confuse reasonable with cheap."

The Italian added that he would do anything he could to stop the 2013 implementation date, but admitted he needed support from other teams to make it happen.

"If there is the least possibility to delay the four cylinder, I will look for it. We see a chance. We need unity," he said.

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Ferrari not happy with engine changes

Last month the World Motorsport Council accepted the plan to switch from the normally-aspirated V8s that are at present in use and have been for a number of time to energy-efficient 1,6 litre, four-cylinder turbo units in 2013. The new scheme would also run in combination with KERS.

Before the choice was made, F1 supremo Bernie Ecclestone spoken his displeasure stating that: "We have a very good engine formula. Why should we alter it to something that is going to cost millions of pounds and that nobody wants and that could end up with one producer getting a big advantage?"

Di Montezemolo has now additional his voice to the chorus of discontent, and not for the first time either.

"We will not be structure any [four cylinder engines] for our street cars," he told Auto Motor und Sport. "For the top class of racing it sounds a bit pathetic. Why couldn't we have a V6 turbo? We should not confuse reasonable with cheap."

The Italian added that he would do anything he could to stop the 2013 implementation date, but admitted he needed support from other teams to make it happen.

"If there is the least possibility to delay the four cylinder, I will look for it. We see a chance. We need unity," he said.

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Rossi and Yamaha: From start to finish

2010 brought a seven-year collaboration between the Italian rider and Japanese factory to a close, one which shaped four World Championship titles and wrote another chapter into the MotoGP history books you can revive the best moments of the partnership between the two, starting at Welkom in 2004.

Valentino Rossi’s entrance at Yamaha in 2004 was the start of a new era, both in the Italian rider’s career and the Japanese factory’s MotoGP history. Charming his first race on board the M1 at Welkom, Rossi confounded the critics who doubted his ability to transfer his success across from Honda and went on to safe the World Championship title that year.

Three further titles followed – in 2005, 2008 and 2009 – as Rossi underlined his status as one of the sport’s modern greats, and a stream of highlights were delivered along the way as a formidable force in MotoGP sustained to enjoy great success amassing 46 race victories along the way.

With the end of the 2010 season came the beginning of a change as Rossi prepared to make the switch to Ducati for 2011, and in the fond of motogp the 31 year-old’s finest moments on the M1 are compiled, from his first kiss subsequent victory at Welkom in 2004 to his farewell to the bike at Valencia in the final round of the 2010 campaign.

Appraisal the highlights of the Rossi-Yamaha years and enjoy the most recent chapter in the nine-time World Champion’s memorable career, before a new episode gets happening with Ducati…

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Rossi and Yamaha: From start to finish

2010 brought a seven-year collaboration between the Italian rider and Japanese factory to a close, one which shaped four World Championship titles and wrote another chapter into the MotoGP history books you can revive the best moments of the partnership between the two, starting at Welkom in 2004.

Valentino Rossi’s entrance at Yamaha in 2004 was the start of a new era, both in the Italian rider’s career and the Japanese factory’s MotoGP history. Charming his first race on board the M1 at Welkom, Rossi confounded the critics who doubted his ability to transfer his success across from Honda and went on to safe the World Championship title that year.

Three further titles followed – in 2005, 2008 and 2009 – as Rossi underlined his status as one of the sport’s modern greats, and a stream of highlights were delivered along the way as a formidable force in MotoGP sustained to enjoy great success amassing 46 race victories along the way.

With the end of the 2010 season came the beginning of a change as Rossi prepared to make the switch to Ducati for 2011, and in the fond of motogp the 31 year-old’s finest moments on the M1 are compiled, from his first kiss subsequent victory at Welkom in 2004 to his farewell to the bike at Valencia in the final round of the 2010 campaign.

Appraisal the highlights of the Rossi-Yamaha years and enjoy the most recent chapter in the nine-time World Champion’s memorable career, before a new episode gets happening with Ducati…

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Jorge Lorenzo documentary premieres in Madrid

Televisión Española and Dorna Sports obtainable the documentary 'Jorge' in a particular premiere of the 80-minute film at the Cine Capitol in Madrid on Thursday evening.

The red carpet occasion in the Spanish capital was attended by 2010 MotoGP World Champion and subject Jorge Lorenzo. shaped by Dorna and presented by TVE the feature film documents the 23 year-old's journey from talented young talent to MotoGP World Champion, following Lorenzo in his chase of the title and getting up close and individual with only the second ever Spanish rider in history to claim the premier class crown.

Shot in high meaning 'Jorge' gives a detailed insight into the life of the man from Mallorca, both on a professional and personal level. An in-depth and sincere interview with Lorenzo himself, his parents, friends and professional associates provides viewers with a total profile of the World Champion, as does family video footage and images of the key moments of the 2010 campaign which comprise the hours before and after the Yamaha rider clinched the MotoGP World Championship title in Malaysia in October.

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Jorge Lorenzo documentary premieres in Madrid

Televisión Española and Dorna Sports obtainable the documentary 'Jorge' in a particular premiere of the 80-minute film at the Cine Capitol in Madrid on Thursday evening.

The red carpet occasion in the Spanish capital was attended by 2010 MotoGP World Champion and subject Jorge Lorenzo. shaped by Dorna and presented by TVE the feature film documents the 23 year-old's journey from talented young talent to MotoGP World Champion, following Lorenzo in his chase of the title and getting up close and individual with only the second ever Spanish rider in history to claim the premier class crown.

Shot in high meaning 'Jorge' gives a detailed insight into the life of the man from Mallorca, both on a professional and personal level. An in-depth and sincere interview with Lorenzo himself, his parents, friends and professional associates provides viewers with a total profile of the World Champion, as does family video footage and images of the key moments of the 2010 campaign which comprise the hours before and after the Yamaha rider clinched the MotoGP World Championship title in Malaysia in October.

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