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Posted on Thursday, December 12, 2013

FIA confirms driver and power unit penalties for 2014

The FIA has confirmed driver and power unit penalties that can be awarded from the start of next season. Penalty points can be applied to a driver's Super Licence and they will remain with them for 12 months. 'In accordance with Article 16.3, the stewards may impose penalty points on a driver’s Super Licence', read the FIA's sporting regulations. 'If a driver accrues 12 penalty points his licence will be suspended for the following Event, following which 12 points will be removed from the licence. […]

Posted on Monday, November 12, 2012

HRT searching for new owners after being put up for sale

HRT F1 Team is looking for new owners after Thesan Capital confirmed on Monday that the team is for sale. Thesan Capital took over from previous owner Jose Ramon Carabante in July 2011. The team moved to Madrid this season and currently sit 12th in the championship. "The current owners of HRT Formula 1 Team, TC II S.a.rl., would like to confirm that they are currently in talks with a number of groups interested in buying the team". "HRT Formula 1 Team's current management hopes […]