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 »
1y 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...
1y ago from GrandPrix247.com

Russian GP 'on' despite crisis

The inaugural Russian F1 Grand Prix is expected to go ahead as planned in...
1y ago from SkySports.com

Formula 1 legend Jack Brabham has died

Australian Jack Brabham, who won three Formula One world titles and is...
1y ago from GrandPrix247.com

F1 legend Sir Jack Brabham dies, aged 88

Australian Jack Brabham, who won three Formula One world titles and is...
1y ago from F1Zone.net

Elsewhere On The Network

Popular On MotoGPToday.com

Gardner Q&A: "It’s great doing something that I...

CIP's Remy Gardner chats to motogp.com about his move up to the World...
5h ago from MotoGP.com

#RossiVsMarquez: Watch it from every angle

Go On Board with Marquez, Rossi & the circuit helicopter for the ultimate...
1d ago from MotoGP.com

Rossi denies that he cheated

Movistar Yamaha rider Valentino Rossi has insisted that he did not use...
2d ago from SuperSport.com

MotoGP Race Director talks Rossi, Marquez incident

MotoGP Race Director Mike Webb has explained exactly why the last corner...
6d ago from Crash.net

Popular On IndyCarToday.com

IndyCar Power fined $25k; Vautier $10K, Rahal $5k...

The Verizon IndyCar Series has informed its teams of the penalties...
2d ago from Racer.com

Power penalised for Fontana incident

– Will Power has been fined $25,000 and placed on probation for the...
2d ago from GPUpdate.net

IndyCar: 'Insane' race spurs critics, supporters

Several leading IndyCar drivers including Juan Pablo Montoya, Will Power...
5d ago from Racer.com

2016 IndyCar season to be longer, Road America may...

IndyCar is expecting a stronger schedule for next season, which will last...
2d ago from Motorsport.com

Popular On TotalWRC.com

Evans retires from Rally Poland

M-Sport's Elfyn Evans has retired from day two of Rally Poland due to a...
3h ago from Crash.net

SS11: Ogier holds off pursuers

Mikkelsen maintains pressure on Poland leader
3h ago from WRC.com

SS8: Latvala win secures third

Volkswagen trio holds podium places
19h ago from WRC.com

Lappi heads Skoda 1-2 in Poland WRC 2 clash

The Finn won five stages in his Fabia R5 to head Tidemand by 50.3sec,...
16h ago from WRC.com

Popular On GunnersToday.com

Arsenal Transfer News: Barcelona ace set for talks,...

Arsene Wenger is weighing up a move for Barcelona winger Pedro, according...
2h ago from Express.co.uk

Petr Cech can follow Pat Jennings and Jens Lehmann as...

Bob Wilson, a don of matters goalkeeping in the colours of Arsenal,...
2h ago from TheGuardian.com

Wow! Arsenal ‘begin discussions' to sign £110m...

Gunners linked with astonishing move. SEE ALSO: Falcao WAG gallery: Hot...
4h ago from CaughtOffside.com

Cech: I'm far from finished

Cech has said he still has the desire to play regular first-team football,...
2h ago from ESPNFC.co.uk

Comments

comments powered by Disqus

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.