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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...
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1y ago from F1Plus.com 0
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