Today's F1 News Delivered Faster Than a Pit Stop
In 2022, the Williams Formula 1 team saw a substantial increase in revenue, with their annual income rising by over £45 million compared to the previous year. They generated £142.8 million in revenue for the year ending December 31, 2022, as opposed to £96.4 million the year before, marking a £46.4 million revenue boost. This growth is part of the team's efforts to rebuild, with James Vowles appointed as team principal at the start of the year, aiming to secure the team's long-term stability. Despite finishing last in the constructors' championship in 2021, Williams received an estimated $75 million in prize money from the sport, contributing significantly to their revenue. The team's value is now estimated at around $800 million under the ownership of Dorilton Capital, which acquired it for $200 million in 2020.
Click here to read the full article by Mat Coch (speedcafe.com)
Aston Martin will make a comeback to top-level endurance racing in 2025 with a race-spec version of its Valkyrie Hypercar, partnering with The Heart of Racing team for the World Endurance Championship and IMSA SportsCar Championship. Their previous 2021 Le Mans plans were halted due to COVID-19, but they're reviving it for 2025, aiming for overall victory. The Valkyrie LMH, powered by a 6.5-liter V12 engine without hybrid tech, will be overseen by Adam Carter in the new Aston Martin Performance Technologies division. This return to Le Mans is highly anticipated, featuring the advanced Valkyrie against competitors like Toyota, Porsche, and Ferrari.
Click here to read the full article by Michael Delaney (f1i.com)
Romain Grosjean is starting an arbitration process against Andretti Autosport after confirming he won't be returning to the team for the NTT IndyCar Series next year despite scoring three podiums during his time there. While Andretti has not officially announced the split, Grosjean expressed disappointment, emphasizing that it's not an amicable separation and that he's pursuing other options for his IndyCar career with legal representation from Barnes & Thornburg, LLP.
Click here to read the full article by Fergal Walsh (racingnews365.com)
Jessica Hawkins, an Aston Martin ambassador, joins the Sky Sports F1 podcast to discuss her first time driving an F1 car. Hawkins expressed her gratitude to the team for their trust in her. She described the experience as similar to flying a spaceship and found everything from braking to acceleration to be surprising and better than expected.
Have you ever wondered what happens to a Mercedes F1 car after a season ends? Alex Toulou, the lead mechanic at Heritage for the Mercedes-AMG Petronas Formula One team, sheds light on the process. After each season, the car is delivered to Heritage, where it is meticulously reconstructed to precisely match its end-of-season configuration.