News Details

Venezuelan government funding may end for Maldonado

Hugo Chavez with Pastor Maldonado in 2011 The Formula 1 party may soon be over for Pastor Maldonado as political changes in his home country may well dry up the substantial financial support that has underwritten much of his career so far. Until now, the 29-year-old Venezuelan's Formula 1 career has been powered by state millions, through the oil company PDVSA and the personal backing of president Hugo Chavez. Chavez, however, died last year, preceding a period of intense political turmoil, and at the same time PDVSA's ploughing of state millions into Williams and Lotus was already highly controversial within Venezuela. Now, Venezuela has a new sports minister, Antonio Alvarez, who has...
Full Story »
2y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Maldonado hails progress after “first normal day of...

Lotus have taken “a big step forward” reports Pastor Maldonado, after...
2y ago from RichlandF1.com

Maldonado Tops Day Two of In-Season Test in Spain

After Max Chilton and Marussia surprised the paddock by topping the times...

Maldonado sets pace on final day

Pastor Maldonado was quickest on the second day of testing at Barcelona...
2y ago from Crash.net

Maldonado tops morning session in Spain

Lotus F1 Team Pastor Maldonado set the quickest time as Formula 1 testing...
2y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Stoner makes Ducati MotoGP test return at Misano

Casey Stoner will take part in his third MotoGP test of the season for...
23h ago from Motorsport.com

‘My fate was sealed after Iannone signing’

Aleix Espargaro has revealed that he knew his time with Suzuki was up...
18h ago from SuperSport.com

MotoGP: Sam Lowes makes Aprilia debut

Moto2 championship contender Sam Lowes has made his debut on the Aprilia...
14h ago from MotorcycleNews.c...

Moto3: Who the hell is Francesco Bagnaia?

Only days before his incredible debut Moto3 win at Assen, MCN caught up...
18h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

Penske and Andretti lead tributes to Chip Ganassi

Roger Penske, Mario Andretti and Jeff Gordon are among the list of stars...
9h ago from Motorsport.com

Will Power converts pole to Road America win

Will Power has prevailed in a thrilling finish with victory in the Kohler...
3h ago from SpeedCafe.com

Newgarden will “definitely race Iowa” despite...

JR Hildebrand stood in for him at today’s Iowa Speedway test, but Josef...
3h ago from Motorsport.com

INDYCAR: Gold Coast group tries for return

IndyCar could make its long-hoped-for return to Surfers Paradise –...
13h ago from Racer.com

Popular On TotalWRC.com

#Yprexit?

This one certainly came out of left field. In a twist that no one saw...

Poland countdown: recce notes

Advertising Sometimes referred to as Rally Finland without the jumps,...
17h ago from WRC.com

Breen versus Lefebvre

Advertising Both have the chance to impress team boss Yves Matton at PZM...
19h ago from WRC.com

WRC 2 titans collide in Poland

Title contenders come together for gravel speedfest
17h ago from WRC.com

Popular On GunnersToday.com

Henry £80m, Bergkamp £60m... How much would Arsenal...

ODAY’S transfer market is a very different place to that of years gone...
3h ago from DailyStar.co.uk

Arsenal News: Chiefs to open talks over new deal for...

GETTY Arsene Wenger is in the final year of his Arsenal contract Express...
3h ago from Express.co.uk

Arsenal, Chelsea and Southampton to hold talks with...

GETTY WANTED: Lille star Sofiane Boufal According to Guardian journalist...
22h ago from DailyStar.co.uk

Japan international confirms Gunners offer

Japanese striker Takuma Asano has confirmed that Arsenal have approached...
12h ago from News.ArseBlog.com

Comments

Hottest News

A pretty cool birthday present!

Nico Rosberg, who celebrated his 31st birthday on... Read More »
16h ago from F1i.com

Who's the greatest F1 champion of all time?

Hunt, Lauda, Hamilton, Schumacher...there have... Read More »
13h ago from Crash.net

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.