News Details

Maldonado's Venezuelan backing could end

May 20, 2014 .- The F1 party may soon be over for Pastor Maldonado. Until now, the 29-year-old Venezuelan's formula one 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 indicated this week that motor racing is being totally cut from the country's list of priorities. "I know I'm going to win a lot of enemies," he is quoted by...
Full Story »
2y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Venezuelan government funding may end for Maldonado

Hugo Chavez with Pastor Maldonado in 2011 The Formula 1 party may soon be...
2y ago from GrandPrix247.com

Russian GP 'on' despite crisis

The inaugural Russian F1 Grand Prix is expected to go ahead as planned in...
2y ago from SkySports.com

Formula 1 legend Jack Brabham has died

Australian Jack Brabham, who won three Formula One world titles and is...
2y ago from GrandPrix247.com

F1 legend Sir Jack Brabham dies, aged 88

Australian Jack Brabham, who won three Formula One world titles and is...
2y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Moto2: Zarco and Binder among riders sampling Red Bull...

Reigning Moto2 world champion Johann Zarco and Moto3 championship leader...

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

Dovizioso “not obsessed” with breaking MotoGP...

Andrea Dovizioso says that taking a first win in MotoGP since 2009 would...
1d ago from Motorsport.com

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

Popular On IndyCarToday.com

INDYCAR: Stoneman 'going to enjoy' WG test

Dean Stoneman will make his IndyCar test debut with his Indy Lights squad...
31m ago from Racer.com

Stoneman gets IndyCar test with Andretti

– Dean Stoneman will sample IndyCar machinery with Andretti...
6h ago from GPUpdate.net

Stoneman to test with Andretti at Watkins Glen

Dean Stoneman will have a taste of driving an IndyCar when he...

Target to end its Ganassi IndyCar sponsorship

Target is withdrawing from IndyCar at season’s end, after 27 years on...
1d ago from Motorsport.com

Popular On TotalWRC.com

Tanak spurred on by Poland near miss

Estonian steps up his preparations
5h ago from WRC.com

Latvala tops Finland shakedown

Volkswagen closes out top three times
6h ago from WRC.com

Recce notes: Neste Rally Finland

Advertising Tuesday and Wednesday are recce days in Finland, when WRC...
11h ago from WRC.com

Rautiainen on Finland’s unique co-driving test

Rautiainen on Finland’sunique co-driving test Co-driving great Timo...
1d ago from WRC.com

Popular On GunnersToday.com

Petr Cech: 'Per Mertesacker will be hard to replace'

Arsenal goalkeeper Petr Cech has warned that it will be tough to replace...
1h ago from SportsMole.co.uk

Arsenal keeping tabs on City's Denayer

Earlier this month a couple of publications reported that Arsenal are...
1h ago from News.ArseBlog.com

Francis Coquelin to fill in as makeshift defender?

Arsenal midfielder Francis Coquelin has hinted that he could fill in as a...
2h ago from SportsMole.co.uk

Wenger promotes The Jeff to Arsenal first team

Arsenal have confirmed that Jeff ‘The Jeff' Reine-Adelaide has been...
3h ago from News.ArseBlog.com

Comments

Hottest News

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.