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 »
2y 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...
2y ago from GPUpdate.net

Formula E gets £40m funding boost

The ten Formula E team principals at the Donnington Park launch of the...
2y ago from espnF1.com

Lopez: Maldonado is 'unbelievably fast'

Lotus F1 Team Lotus chairman Gerard Lopez has asserted that new recruit...
2y ago from F1Zone.net

Lotus 'in much better shape'

Lotus say they're in much better shape now after their difficult start to...
2y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi admits Yamaha losing streak has him “worried”

Valentino Rossi admits that his Yamaha MotoGP squad’s current losing...
9h ago from Motorsport.com

MotoGP Aragon: ‘Jorge's wrong' - Crutchlow...

More handbags as Crutchlow wades into Rossi and Lorenzo drama
2d ago from BikeSportNews.com

Rossi regrets late-race “mistake” in Lorenzo duel

Valentino Rossi admits his late-race mistake while attacking Yamaha...
1d ago from Motorsport.com

Vinales: Aragon shows Suzuki needs to make “another...

Suzuki MotoGP rider Maverick Vinales says the result of Sunday’s Aragon...
11h ago from Motorsport.com

Popular On IndyCarToday.com

INDYCAR: Ganassi engineer tipped for Andretti

Andretti Autosport is expected to announce its acquisition of...
6h ago from Racer.com

MILLER: IndyCar's waiting room

While we wait to see where Tony Kanaan, Juan Montoya, Carlos Munoz and...
6h ago from Racer.com

“If Newgarden joins Penske and Ganassi switches to...

Since our August update regarding who goes where in 2017, some...
1d ago from Motorsport.com

ROTY Rossi to share good news about future

Alexander Rossi says he is looking forward to sharing 'some very good...
1d ago from Crash.net

Popular On TotalWRC.com

Brenig kickstarts 2016 Wales Rally GB countdown

The countdown to the 2016 Wales Rally GB, the penultimate round of the...

2017 cars promise aggressive sound

Advertising The promise of more noise from 2017’s upgraded power plants...
7h ago from WRC.com

Tänak looking forward to Tour de Corse with DMACK...

Ott Tänak is looking forward to the challenge of the 2016 Tour de Corse...
10h ago from TheCheckeredFlag...

Hunt gets privateer Peugeot for Dakar 2017

British driver Harry Hunt will switch from an X-raid Mini to a...
12h ago from Motorsport.com

Popular On GunnersToday.com

L'Equipe: Coquelin back inside three weeks

Good news from France where L'Equipe report that Francis Coquelin should...
1h ago from News.ArseBlog.com

Arsenal's birthday boy proves Wenger's lost his knack...

Birthday boy Kieran Gibbs is a crucial figure in the recent history of...

Mesut Ozil's girlfriend Mandy Capristo breaks down in...

Footballer Mesut Ozil's girlfriend Mandy Capristo breaks down in floods...
6h ago from DailyMail.co.uk

Midfield star speaks out over failed transfer move: My...

GETTY NO GO: Draxler was denied a move this summer Despite been forced to...
5h ago from DailyStar.co.uk

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.