News Details

Sports minister hints Maldonado money at risk

Lotus F1 Team Venezuela's new sports minister has hinted that Pastor Maldonado's funding could be at risk. Maldonado's racing career has been hugely financed by Venezuelan state-owned oil giants PDVSA, but the death of Hugo Chavez in 2013 sparked a period of unrest in the South American country. Maldonado, who moved from Williams to Lotus at the start of 2014 and has yet to claim a championship point, had a good relationship with Chavez but the new sports minister has indicated that Maldonado's funding could soon run dry. "I know I'm going to win a lot of enemies," Antonio Alvarez is quoted by Venezuelan publication Ultimas Noticias. "But there will be not one more dollar...
Full Story »
9mo ago from F1Zone.net 0
Share

You May Also Be Interested In...

Lotus targets top three championship finish

– Lotus has set its sights on a top three finish in the 2014...
9mo ago from GPUpdate.net

Formula E gets £40m funding boost

The ten Formula E team principals at the Donnington Park launch of the...
9mo ago from espnF1.com

Lopez: Maldonado is 'unbelievably fast'

Lotus F1 Team Lotus chairman Gerard Lopez has asserted that new recruit...
9mo ago from F1Zone.net

Lotus 'in much better shape'

Lotus say they're in much better shape now after their difficult start to...
9mo ago from SkySports.com

Elsewhere On The Network

Popular On MotoGPToday.com

Crash costs Espargaro track time in Sepang

Two crashes blighted Pol Espargaro's week in Malaysia but overall the...

MotoGP: Intrigue, gossip and rumour

A little of what went on behind the scenes at Sepang
1d ago from BikeSportNews.com

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...

VIDEO: Iannone - The Ducati is fantastic!

Andrea Iannone has high hopes for the 2015 MotoGP World Championship...
2d ago from Crash.net

Popular On TotalWRC.com

M-Sport column: Back in WRC, back to form

In the latest exclusive M-Sport World Rally Team column on Crash.net for...
4h ago from Crash.net

Tanak has altitude concerns ahead of Rally Mexico

Ott Tanak says the trickiest element of Rally Mexico is coping with the...
6h ago from Crash.net

Ostberg: My style suits Mexico stages

The León-based gravel rally never drops below an altitude of 1,800...
5h ago from WRC.com

Why no love for tarmac rallies?

According to 'sources', World Rally Championship does not want another...
19h ago from WorldRallyBlog.c...

Popular On GunnersToday.com

Arsenal v Everton – MATCH FACTS

MATCH FACTS Arsenal have now gone five games without a win against...
4h ago from Nastytackle.com

'Wenger needs rolling deal'

Arsenal should follow Manchester United's lead with Sir Alex Ferguson and...
3h ago from SkySports.com

Three key battles vs Everton

Arsenal face Everton at Emirates Stadium in what will surely be a baptism...
3h ago from AllArsenal.com

Everton preview: can we bounce back?

Imagine, for a second, that you are Roberto Martinez. How would you...
3h ago from Arseblog.com

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.