1Malaysia F1 Team Will Be A Success, Says Fernandes — Well, Think Again

Motor Sport

Business

Seow Yaohan | October 15, 2009

Contrary to what many Malaysians may believe, the 1Malaysia F1 Team (1MF1T) makes business sense and would become profitable in the first year of its operation—that is the view of team owners, Datuk Kamarudin Meranun and Datuk Seri Tony Fernandes, at least. The former ...

1Malaysia F1 Team: Government Has No Equity, Proton Plays A Small Role

Motor Sport

Seow Yaohan | September 30, 2009

Our very own 1Malaysia F1 Team, to be named Lotus F1 Team, will have a start-up capital of RM 168 million and a baseline annual budget of about RM 308 million. But taxpayers can heave a sigh of relief because the government will not ...

BMW Quits Formula One Following Honda's Footsteps

Motor Sport

Seow Yaohan | August 5, 2009

BMW has stunned the Formula One world by announcing their plans to withdraw from the battered motor sport at the end of this season. Just as peace is about to be resumed with the signing of the Concorde Agreement, which would have contracted BMW ...

FOTA Walks Out of Meeting with FIA

Motor Sport

Seow Yaohan | July 11, 2009

One should be asking when upon seeing this news: Why can't F1-related parties grow up? Parents often tell their children to not walk way in the midst of conversations, only for their good work to go to entire waste when F1-related parties are setting the ...

New Entrants for 2010 F1 Season Announced

Motor Sport

Seow Yaohan | June 29, 2009

These are tough times for F1 fans. Not too long ago, FOTA wanted to leave F1 World Championship for good. Then, as it turns out, that move was no more than leverage for negotiations. FOTA decided to stay on, reportedly on the condition that ...

Breaking: F1 World Championship Remains Intact; Max Mosley Quits

Motor Sport

Seow Yaohan | June 26, 2009

This year's real F1 drama has not been happening on the race circuits; it is coming from the duel between FIA and FOTA. But after all the talks, threats, rumours and official statements, it seems the F1 World Championship will remain intact as we know ...

Official: FOTA Leaving F1 World Championship Next Year

Motor Sport

Seow Yaohan | June 19, 2009

To F1 fans' dismay, the official statement is out. In a stunning development, the Formula One Teams Association (FOTA) has announced plans to abandon the F1 World Championship and create a rival championship beginning next year. After a meeting at Renault F1 U.K. headquarters, FOTA's ...