26 Sep

Malaysia's 1Malaysia F1 Team for the 2010 season is likely to feature a driver with vast F1 experience to lead the charge, so, a homegrown talent to spearhead the Lotus F1 Team in the debut season next year is unlikely to happen. Not until the chosen one is ready to enter the big league and compete with the big boys of F1, according to Lotus F1 Team Principal, Datuk Seri Tony Fernandes.So for now, the search is on for a driver with the experience; the temperament and the proven skills to carry the Malaysian flag next season.And probably that's why Fernandes...

04:54 / Local / Sports
0 Likes
17 Sep

Malaysia’s foray into the expensive world of Formula One with its 1Malaysia F1 team is expected to cost nothing less than a billion ringgit, industry sources say. theSun learnt that budgetary concerns pose the biggest challenge in getting the 1Malaysia F1 team off the starting grid in next year’s Formula One race. The cost of putting an F1 team together from scratch is considerable, with teams spending between US$45.6 million (RM158.7 million) and US$445.6 million (RM1.55 billion) per year on F1 races. The expenses will involve setting up the infrastructure, where a large portion of the budget will go towards operational expenditures such as...

04:33 / Local / Sports
0 Likes