{"id":1844,"date":"2016-04-06T19:08:14","date_gmt":"2016-04-06T19:08:14","guid":{"rendered":"https:\/\/f1vault.co.uk\/?p=1844"},"modified":"2016-04-06T19:08:14","modified_gmt":"2016-04-06T19:08:14","slug":"f1-today-06042016","status":"publish","type":"post","link":"http:\/\/www.f1vault.co.uk\/index\/f1-today-06042016\/","title":{"rendered":"F1 Today – 06\/04\/2016"},"content":{"rendered":"

PANAMA PAPERS \u2013 Rosberg contract leaked \u00a0<\/strong><\/p>\n

The German broadcaster ARD says that Nico Rosberg contract with Mercedes have been leaked as part of the papers from Panama law firm Mossack Fonseca.<\/p>\n

The BBC \/ Guardian and The International Consortium of Investigative Journalists\u00a0investigations have revealed details how the world’s wealthy including politicians and sports stars used its lawyers to set up offshore companies to avoid paying tax, launder money and dodge sanction.<\/p>\n

The papers according to ARD say the German setup a company called \u201cAmbitious Group Limited\u201d based in the British Virgin Islands in the Caribbean. Ambitious group limed is has its headquartered in Jersey and administered by the law firm Mossack Fonseca.<\/p>\n

It\u2019s not clear if Rosberg was hired or any money passed through Mossack and there is no indications that there any wrong doing. He has been with Mercedes since 2010 and said through his lawyer that the case fell within his private affairs.<\/p>\n

There are millions of documents which could name other drivers, teams and F1 officials could be named as the documents are reviled.<\/p>\n

 <\/p>\n

Championship payments for 2015<\/strong><\/p>\n

Ferrari will take the biggest prize for its 2015 performance despite finishing second in the championship.<\/p>\n

The revenue made up from hosting fees, media rights and other streams such as trackside sponsorship and hospitality will see the ten teams receive a share $965 million through-out the season. The Constructors teams Ferrari, Mercedes, Red Bull and McLaren, will also receive bonuses.<\/p>\n

Ferrari will also see its bonus for being the longest running team, Williams will have a heritage bonus with Red Bull and Mercedes having other agreements. Red bull have there\u2019s for being the first team to sign the current bi-lateral Concorde Agreement in 2013. Ferrari gains $87m in performance payments and $105m in historic\/CCB bonuses.<\/p>\n

Reigning champions Mercedes won 16 Grand Prix\u2019s, including 13 one-twos, takes 17.7 per cent of the total fund with $171m, of which $74m consists of bonuses.<\/p>\n

Red Bull has lost $57 million after finishing fourth last year now earning $57m. Williams will only get half of the Ferrari sum despite being a head of Red Bull. McLaren get $82 million for ninth place but Force India get $67 million for fifth.<\/p>\n

Last year Force India and Sauber called for an EU investigation into the payments and governance structure. Last year the sport made a turn over around $1.9bn.<\/p>\n

 <\/p>\n

Further checks for Alonso<\/strong><\/p>\n

Fernando Alonso will have further medical tests to see whether he can drive in next weekend\u2019s Chinese Grand Prix. However the Spaniard is confident he can take part in the race.<\/p>\n

He was not allowed to compete in the Bahrain GP after he had rib fractures following his huge crash in Australian GP. The reason why he wasn\u2019t allowed to compet is because of fears of what further damage could do. They hope that next Thursday he will be sufficiently fit to pass the medical,<\/p>\n

When asked about Alonso chances of being ready, McLaren racing director Eric Boullier said: “I think he’s confident. But he’s going to go through the scans. The FIA will inspect them and decide yes or no.” Boullier told Autosport that Alonso had a good experience mentoring Stoffell Vandoorne but he was probably frustrated.<\/p>\n

He feels Alonso staying in Bahrain underlines the commitment to the team which has sometimes been questioned by his comments.<\/p>\n

 <\/p>\n

Will be finalised \u2013 Todt <\/strong><\/p>\n

FIA President Jean Todt is adamant that the new sporting and technical regulations will be decided by the revised date of April 30. The changes were due to have been finalised by the 29th<\/sup> of February.<\/p>\n

However the aero The aero regulations are said to be close to being finalised, with some work to be done on the engine rules, with cost, performance, noise and supply of power units the focus. Teams have already agreed body work changes to make the cars more dramatic looking.<\/p>\n

Todt says the changes only a majority rather unanimity is required to push the rules through. He told Autosport \u201cAt the last meeting we had, I asked the engine manufacturers to drop the price of the engine to make sure every competitor in F1 will have the possibility of having one engine supplied.<\/p>\n

\u201cWe have also asked them to agree on engine convergence and to make some proposals to increase further, as it already has been one step, the noise of the engine.\u201d<\/p>\n

There has been some concerns by drivers who feel that will make it tougher to overtake. But race director Charlie Whiting believes that the best they can to take everyone’s views into account to come up with a set of rules.<\/p>\n

\u201cWe have had countless meetings with technical directors of every team and we have had a range of proposals [ranging] from what appears to be a huge amount of downforce to a very low level of downforce.\u201d he said<\/p>\n

 <\/p>\n

Politics overshadowing F1 <\/strong><\/p>\n

Toto Wolff says the sport is 90% about politics and is overshadowing the title battle between Mercedes and Ferrari. While Nico Rosberg won the Bahrain Grand Prix much of the talking points were about the qualifying format and whether it should change.<\/p>\n

Wolff told ESPN \u201cIt seems that it has increased to a level that is 90% politics and 90% off-track discussions around governance and qualifying formats and terrible ideas. So I think hopefully soon we can get back to sport and hopefully soon we can have a race that will be exciting. Definitely there is a battle on.\u201d<\/p>\n

He says that during the race in Bahrain that it \u00a0showed Mercedes still has the edge but Ferrari is closing in.<\/p>\n

\u201cLooking at the pure gaps, at a certain stage we were 15 seconds up on Kimi and, at the end, we were only a couple of seconds up, so I have no doubt that the Ferrari is very strong – and you could see that today.\u201d He added<\/p>\n","protected":false},"excerpt":{"rendered":"

PANAMA PAPERS \u2013 Rosberg contract leaked \u00a0 The German broadcaster ARD says that Nico Rosberg contract with Mercedes have been leaked as part of the papers from Panama law firm Mossack Fonseca. The BBC \/ Guardian and The International Consortium of Investigative Journalists\u00a0investigations have revealed details how the world’s wealthy including politicians and sports stars<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[42,43,131,175,344,393,675,707,709,712,754,799,1022,1287,1298,1374,1424,1482,1559,1642,1650,1958,2031,2152],"class_list":["post-1844","post","type-post","status-publish","format-standard","hentry","category-news-analysis","tag-42","tag-43","tag-ambitious-group-limited","tag-ard","tag-business","tag-charlie-whiting","tag-f1-today","tag-fernando-alonso","tag-ferrari","tag-fia","tag-formula-one","tag-future-of-f1","tag-jean-todt","tag-mclaren","tag-mercedes","tag-mossack-fonseca","tag-nico-rosberg","tag-panama-papers","tag-politics","tag-red-bull-racing","tag-regulations","tag-tax","tag-toto-wolff","tag-williams-mercedes"],"acf":[],"_links":{"self":[{"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/posts\/1844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/comments?post=1844"}],"version-history":[{"count":0,"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/posts\/1844\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/media?parent=1844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/categories?post=1844"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.f1vault.co.uk\/index\/wp-json\/wp\/v2\/tags?post=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}