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Archive for the ‘Formula & Indy Cars’ Category

Japanese car-maker Infiniti is to enter Formula 1 as a major sponsor of the Red Bull Racing team in 2011, although the move will not extend to a rebranding of the outfit’s Renault engines.

Infiniti, which is the luxury car brand of long-term Renault partner Nissan, has embarked on the move to increase its  …  Details

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Barring an unforeseen scheduling hiccup, two-time NASCAR champion Tony Stewart and 2008 Formula 1 World Champion Lewis Hamilton will swap race cars in an exhibition later this year, Stewart-Haas Racing spokesman Mike Arning confirmed Saturday. 

 The seat swap comes at the hands of Mobil 1, a mutual sponsor for the two drivers, and is expected to take place at …  Details

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Britain’s The Telegraph newspaper reports that Formula 1 stands to lose upward of $100m, with the sport’s 12 teams among the biggest losers, if the postponed Bahrain Grand Prix is not rescheduled. It reports the teams are facing the impact of penalty clauses in their contracts with sponsors that would be triggered by missing a race.

The paper cites data from F1’s trade guide  …  Details

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