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

Lorenzo could be in trouble - Crutchlow

Cal Crutchlow believes that Jorge Lorenzo is showing signs of being...
6h ago from SuperSport.com

Analysis: Why Honda's rise should make Yamaha worried

With Marc Marquez now on the brink of a third MotoGP title, Yamaha must...
2h ago from Motorsport.com

MotoGP: Aprilia timing is perfect for Lowes

Moto2 title contender Sam Lowes has admitted that as the factory Aprilia...

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

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

Popular On IndyCarToday.com

Schmidt gains driving license, aims for In-N-Out

Sam Schmidt was today presented with America’s first driver’s license...
13h ago from Motorsport.com

Honda: “IndyCar’s 2018 engine-led formula is...

Honda Performance Development’s president, Art St. Cyr says that...
2d ago from Motorsport.com

In RACER Magazine: Back to Front

Setbacks don't get much bigger than James Hinchcliffe's near-fatal crash...
19h ago from Racer.com

Robin Miller's Mailbag for September 28, presented by...

Page 1 of 6 Welcome to the Robin Miller Mailbag as presented by Honda...
1d ago from Racer.com

Popular On TotalWRC.com

WRC+ OCTOBER SPECIAL 1 MONTH FOR FREE

WRC+ OCTOBER SPECIAL1 MONTH FOR FREE WRC+ THRILLING OCTOBER Sign up now...
2h ago from WRC.com

Ogier heads Corsica shakedown

Championship leader heads team-mate Latvala
1h ago from WRC.com

Smeets excited by new VW role

Corsica marks first event for new managing director
2h ago from WRC.com

WRC announces provisional 2017 calendar

World Rally Championship organisers have unveiled a provisional 12-round...
19h ago from Motorsport.com

Popular On GunnersToday.com

Wenger: “My Priority Has Always Been This Club”

Arsene Wenger has spoken about the fresh links with the England job,...
4h ago from AllArsenal.com

Arsenal and Chelsea wait patiently to sign Real...

Reports in Spain claim that Arsenal and Chelsea are still very interested...
3h ago from CaughtOffside.com

Walcott Praises His Partnership With Arsenal Star

Theo Walcott praised the partnership he is striking up with Alexis...
3h ago from AllArsenal.com

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.