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

MotoGP: Honda rumoured to be experimenting with big...

While most of the MotoGP paddock headed home to take a few days’...
16h ago from MotorcycleNews.c...

Lorenzo could be in trouble - Crutchlow

Cal Crutchlow believes that Jorge Lorenzo is showing signs of being...
1d ago from SuperSport.com

Crutchlow: Ducati needs Marquez, not Lorenzo, to be...

Former Ducati factory rider Cal Crutchlow says the Italian marque should...
1d ago from Motorsport.com

Analysis: Why Honda's rise should make Yamaha worried

With Marc Marquez now on the brink of a third MotoGP title, Yamaha must...
21h ago from Motorsport.com

Popular On IndyCarToday.com

Ed Carpenter Racing Confirms Newgarden's Departure

Josef Newgarden's future took a step toward confirmation on Thursday when...

De Silvestro: Single-seat sponsor search...

Simona de Silvestro says the lure of a three-year deal is what led to her...
6h ago from Motorsport.com

Ed Carpenter Racing confirms Newgarden exit

– Ed Carpenter Racing has confirmed that Josef Newgarden will not...
16h ago from GPUpdate.net

ECR confirms Newgarden departure for 2017

Ed Carpenter Racing has announced that Josef Newgarden will not be...
17h ago from Motorsport.com

Popular On TotalWRC.com

Mikkelsen happy with Polo R setup in Tour de Corse...

Andreas Mikkelsen was happy with the setup of his Volkswagen Polo R WRC...
10h ago from TheCheckeredFlag...

Toyota partners with Microsoft for 2017 WRC return

Toyota has announced a technology partnership with Microsoft for 2017, the...
18h ago from Motorsport.com

Victory is only objective for Ogier in Corsica

Sébastien Ogier is focused on securing victory at the 2016 Tour de Corse...
16h ago from TheCheckeredFlag...

Camilli aiming for a strong result in Corsica

Eric Camilli is aiming for a strong result on his ‘home’ rally at the...
12h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Keane Warns 'I Wouldn’t Be Getting Carried Away With...

Roy Keane has warned Arsenal not to get carried away over Theo Walcott...
1h ago from AllArsenal.com

Arsenal undertake fresh scouting mission: Player...

Dembele hit a double as the Hoops were involved in a 3-3 draw at home to...
3h ago from Express.co.uk

Ian Wright: This is how long Arsene Wenger should stay...

The Frenchman is celebrating 20 years in charge of the Gunners. Although...
3h ago from Express.co.uk

Arsenal could see their title challenge unravel if...

That is according to former Gunners star-turned-pundit Paul Merson....
2h ago from Express.co.uk

Comments

Hottest News

Practice 1 Results – 2016 Malaysian Grand Prix

Friday first Practice Results – Formula 1... Read More »
3h ago from ThisIsF1.com

Hamilton: Mechanic change had psychological effect

Lewis Hamilton says Mercedes' decision to swap a... Read More »
1h ago from PlanetF1.com

LIVE: Malaysian Grand Prix - FP2

Follow live coverage of the second free practice... Read More »
39m ago from F1i.com

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.