News Details

Maldonado unconcerned by sponsorship rumours

Pastor Maldonado is not concerned about his Formula 1 future despite comments from the Venezuelan sports minister saying that investment in motorsport will be curtailed. Maldonado's racing career has been largely backed by state oil company PDVSA, which is one of the biggest driver sponsors on the grid. PDVSA brokered his move to Lotus for 2014, aiding the team's financial woes and still having the change to pay Williams $25m for ending the contract one year early. However, since the death of president Hugo Chavez, there have been a number of changes in the Venezuelan government. The new sports minister, Antonio Alvarez, was quoted as saying that all investment in motorsport would be cut...
Full Story »
9y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Sports minister hints Maldonado money at risk

Lotus F1 Team Venezuela's new sports minister has hinted that Pastor...
9y ago from F1Zone.net

Maldonado's future uncertain as funding to be cut

Pastor Maldonado's future in Formula 1 may come to an end if he can't...
9y ago from TheF1Times.com

Venezuelan government funding may end for Maldonado

Hugo Chavez with Pastor Maldonado in 2011 The Formula 1 party may soon be...
9y ago from GrandPrix247.com

Maldonado at risk of losing financial support

– A shadow of uncertainty has been cast over Pastor Maldonado's...
9y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Acosta: 2024 MotoGP title ‘not the priority' in...

MotoGP rookie Pedro Acosta has outlined that fighting for the 2024 title...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar's new Aeroscreen makes early debut at Long...

The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...

Popular On TotalWRC.com

Popular On GunnersToday.com

Bayern Munich 1-0 Arsenal: A narrow defeat that told...

Match report – Player ratings – Arteta reaction – Video...
55m ago from Arseblog.com

Mikel Arteta laments 'big mistake' as Arsenal suffer...

A dejected Mikel Arteta admits that Arsenal were made to pay for one 'big...
1h ago from SportsMole.co.uk

Jurrien Timber latest - Arsenal injury news and return...

Sports Mole rounds up all of Arsenal's latest injury and suspension news...
1h ago from SportsMole.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.