F1 Grand Prix of Monaco - Practice

Pastor Maldonado not worried about F1 future


Pastor Maldonado is not concerned about his future in Formula 1 despite the newly-appointed Venezuelan sports minister saying that the government would no longer be investing in motorsport.

Maldonado’s career has been supported by state oil company PDVSA, whose sponsorship played a big part in securing him a seat with Lotus for 2014 after three years with Williams. However, after a scandal surrounding government investment in motorsport unfurled last year, there were concerns about his future.

In a recent interview, sports minister Antonio Alvarez said that “there will not be one more dollar for motor racing”. However, Maldonado is not concerned.

“It was exactly the same last year, and here I am,” he told journalists in Monaco. “I think always when Venezuela is moving or whatever, you always relate that with me.

“Last year there was a big impact history in motorsport, for the Venezuelan government and all the Venezuelan guys, because most of these drivers were stealing money from the government, and apart from that PDVSA is not my sponsor it’s a team sponsor.

“I don’t know the real situation against the team and against PDVSA.The best thing would be to ask the team or the PDVSA guys.”

The Venezuelan driver has enjoyed some success when working with PDVSA, winning the 2012 Spanish Grand Prix and the GP2 title back in 2010, and he sees no reason for this to come to an end.

“I have a good relationship,” Maldonado said. “We’ve been working for very long, more than 10 years at the moment, and I don’t see any reason to stop. If they stop, it’s not my decision.”

He may have gained a slightly crash-happy reputation in Formula 1, but Maldonado has shown occasional signs of potential. It would be interesting to see whether any team would pick him up without this sponsorship. Should it get withdrawn, it could also have implications on Lotus’ future.

For the time being though, Maldonado and Lotus will be hoping for a successful weekend in Monaco this weekend.

Report: Ecclestone believes F1 could be sold by year’s end

F1 Grand Prix of Germany
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Formula One boss Bernie Ecclestone on Tuesday said the racing series is up for sale and has as many as three potential buyers.

Ecclestone told The Associated Press that a deal could still be struck by year’s end.

“I think so, maybe this year,” Ecclestone said. “There are three people mentioned to buy. So it’s a case of whether CVC or Mr. Mackenzie wants to sell.”

Ecclestone was referring to F1’s largest and controlling shareholder, CVC Capital Partners co-chairman Donald Mackenzie.

But even if F1 is sold, the 84-year-old Eccelstone doesn’t plan on going anywhere.

“The people that I’ve spoken to … have asked me if I would stay,” Ecclestone told AP.

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IndyCar: Andretti, Hunter-Reay, Hinchcliffe test at Mid-Ohio

TORONTO, ON - JULY 19:  Marco Andretti driver of the #25 Andretti Autosport Dallara Honda stands on pit wall prior to qualifying for the Verizon IndyCar Series Honda Indy Toronto on the Streets of Toronto on July 19, 2014 in Toronto, Canada.  (Photo by Chris Trotman/Getty Images)
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Monday was IndyCar team owner Michael Andretti’s 53rd birthday and son Marco was nowhere to be found – but with good reason.

The younger Andretti and Andretti Autosport teammate Ryan Hunter-Reay were both testing at Mid-Ohio Sports Car Course near Lexington, Ohio.

Also taking part in the test was Schmidt Peterson Motorsport’s James Hinchcliffe.

It was Hinchcliffe’s second successful test since recovering from his horrific crash during practice for this year’s Indianapolis 500 in May.

Hinchcliffe’s first test was last week at Road America in Wisconsin.

Monday’s test session was not open to the public or media, but a Honda source told Motorsportstalk that drivers and teams reportedly focused on testing aerodynamics for the 2016 Verizon IndyCar Series season.

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