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Search Results for: Formula One

From Rothmans and Benson & Hedges to Sega and Compaq, we trace what became of the brands that bankrolled F1's golden age, and the business lessons they left behind.

Ghosts on the grid: whatever happened to the sponsors that bankrolled Formula One’s golden age?

5 July 20266 July 2026 In Business Paul Jones 0 Comments

From Rothmans and Benson & Hedges to Sega and Compaq, we trace what became of the brands that bankrolled F1’s golden age — and the business lessons they left behind.

Lando Norris has become Britain’s newest Formula One world champion after holding his nerve through a tense title decider in Abu Dhabi, securing his first championship and ending the country’s five-year wait for another motorsport hero.

Lando Norris crowned Formula One world champion after nail-biting Abu Dhabi finale

7 December 2025 News Paul Jones 0 Comments

Lando Norris has become Britain’s newest Formula One world champion after holding his nerve through a tense title decider in Abu Dhabi, securing his first championship and ending the country’s five-year wait for another motorsport hero.

Eddie Jordan, the bold and charismatic Formula One team owner, has died aged 76. A true motorsport maverick, he launched Michael Schumacher’s career, led Jordan Grand Prix to F1 victories, and remained a colourful figure in the sport.

Eddie Jordan: The charismatic entrepreneur who shook up Formula One looses cancer battle at 76

20 March 2025 Entrepreneurs, News Paul Jones 0 Comments

Eddie Jordan, the bold and charismatic Formula One team owner, has died aged 76. A true motorsport maverick, he launched Michael Schumacher’s career, led Jordan Grand Prix to F1 victories, and remained a colourful figure in the sport.

Bernie Ecclestone’s 69 rare F1 cars, valued at an estimated £500 million, have been purchased by Mark Mateschitz, heir to Red Bull’s fortune, in what experts call the largest classic car deal ever seen.

Bernie Ecclestone’s Formula One car collection sells for record-breaking sum to Red Bull heir

8 March 2025 Get Funded, News Jamie Young 0 Comments

Bernie Ecclestone’s 69 rare F1 cars, valued at an estimated £500 million, have been purchased by Mark Mateschitz, heir to Red Bull’s fortune, in what experts call the largest classic car deal ever seen.

It’s a warm, smug sort of thought, isn’t it? That you could just throw money at a problem, like lobbing loose change at a busker, and suddenly you’re the king of the world. Or in Lawrence Stroll’s case, the king of Formula One.

Has Lawrence Stroll Just Bought the Formula One World Championship by Hiring F1 Design Guru Adrian Newey

10 September 2024 Opinion Richard Alvin 0 Comments

It’s a warm, smug sort of thought, isn’t it? That you could just throw money at a problem, like lobbing loose change at a busker, and suddenly you’re the king of the world. Or in Lawrence Stroll’s case, the king of Formula One.

Formula One stars team up to launch classic car firm

Formula One stars team up to allow public to buy shares in multi-million pound classic cars

20 November 202320 November 2023 Get Funded Business Matters 0 Comments

Formula One stars Mika Hakkinen and David Coulthard have teamed up with a pair of entrepreneurs to launch a stock market business that allows the public to invest in ultra-rare classic cars.

F1 Authentics - owned by Memento Exclusives, the UK-based sports memorabilia specialist - and Oracle Red Bull Racing have raised a total of £108,497 for Wings for Life in an exclusive auction. The auction, held on the memorabilia platform, included the race suit that two-time Formula One World Champion, Max Verstappen, wore for the 2023 Canadian Grand Prix - the suit in which he scored his 41st win, tying with Ayrton Senna, and claimed Oracle Red Bull Racing’s 100th victory. The auction also included an exclusive Meet & Greet with Verstappen and a tour of the Oracle Red Bull Racing factory in Milton Keynes, United Kingdom. This exciting auction has helped raise money for Oracle Red Bull Racing’s official charity partner, Wings for Life. Founded in 2004, Wings for Life funds global research projects and clinical trials with one sole aim: to find a cure for spinal cord injury. This auction will be donating 100% of the money raised to Wings for Life*. Christian Horner OBE, Team Principal and CEO of Oracle Red Bull Racing said:  “It’s amazing to see Max’s race suit auction raise over £100,000 for our Team Charity, Wings for Life, as part of our continued fundraising initiatives. It’s a special suit from our 100th race win and the winning bidder has a true piece of history. I would like to thank Memento Exclusives for working closely with us and Wings for Life to ensure we raised the maximum amount possible, which will go directly to fund spinal cord injury research.” Emma Hind, UK CEO Wings for Life added her comments about the auction result: “We are absolutely delighted to find out that a total of £108,497 was raised through Max’s race suit auction! We can’t thank both Oracle Red Bull Racing and Memento Exclusives enough in helping us reach this fantastic total! The incredible amount of money raised will help fund pioneering research projects in helping us to find a cure for spinal cord injury.” Concluding, Barry Gough, Founder and CEO of Memento Exclusives and F1 Authentics, said: “We are delighted to have raised £108,497 for Wings for Life in this exciting auction. Not only does the auction winner get to own a real piece of Formula 1 history but they’ll get to meet the reigning Champion, in an exclusive meeting not offered to anyone else! We are proud to have helped raise money for Wings for Life, with the proceeds helping to fund the paramount work that the charity does.”

Formula One World Champion Max Verstappen race suit and exclusive meet & greet raises £108,497 for wings for life in charity auction

19 July 202320 July 2023 News Business Matters 0 Comments

F1 Authentics – owned by Memento Exclusives, the UK-based sports memorabilia specialist – and Oracle Red Bull Racing have raised a total of £108,497 for Wings for Life in an exclusive auction.

Aston Martin’s surprise strong showing at the first Formula One race of the season in Bahrain, where driver Fernando Alonso came third, might have contributed to a sharp rally in the share price of the sports car maker which shares its name.

Aston Martin’s Formula One success drives share price

7 March 20237 March 2023 News Business Matters 0 Comments

Aston Martin’s surprise strong showing at the first Formula One race of the season in Bahrain, where driver Fernando Alonso came third, might have contributed to a sharp rally in the share price of the sports car maker which shares its name.

Williams F1

Formula One Group into the digital NFT world.

20 May 202220 May 2022 Business Business Matters 0 Comments

According to industry buzz, Formula One Group, which is continuing to expand beyond the racing tracks, has just concluded a very promising contract.

Porsche ready to roar back to Formula One

Porsche ready to roar back to Formula One with Red Bull partnership

3 May 2022 News Business Matters 0 Comments

Porsche is gearing up to return to Formula One motor racing in partnership with the four-time world championship-winning Red Bull team.

Aston Martin Racing Honda RB15

Silverstone could stage two GPs in one weekend when Formula One returns

18 April 202018 April 2020 News Business Matters 2 Comments

The British racing circuit Silverstone could stage two Formula One races in one weekend this summer.

Ventilator

Mercedes Formula One team to make revolutionary new breathing aid for NHS

30 March 202030 March 2020 News Business Matters 0 Comments

A breathing aid that can help keep coronavirus patients out of intensive care has been created in under a week.

bernie-ecclestone

Bernie Ecclestone fights to stop Red Bull quitting Formula One

30 September 2015 News Wire Business Matters 0 Comments

Bernie Ecclestone warned last night that Red Bull could walk out of Formula One if European Union investigators demand that they hand back £46 million in special payments.

Formula 1 is worth £12bn a year to the UK economy, according to new figures released ahead of this weekend's British Grand Prix, with the four-day event at Silverstone alone injecting more than £100m into the local economy.

Formula 1 worth £12bn a year to UK economy as record Silverstone crowd delivers £100m boost

3 July 2026 News Paul Jones 0 Comments

Formula 1 is worth £12bn a year to the UK economy, with a record British Grand Prix crowd at Silverstone set to deliver a £100m boost, new figures reveal.

Kirk and Paula Coult have spent years building restaurants that reflect the places they call home. As hospitality entrepreneurs, they have opened seven restaurants across Colorado, Whistler, and Kauaʻi, with each one shaped by its local community rather than a standard formula.

Kirk and Paula Coult of Kiahuna Sunrise Cafe: Restoring History One Breakfast at a Time 

10 July 20262 August 2026 Business Business Matters 0 Comments

Kirk and Paula Coult have spent years building restaurants that reflect the places they call home. As hospitality entrepreneurs, they have opened seven restaurants across Colorado, Whistler, and Kauaʻi, with each one shaped by its local community rather than a standard formula.

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This months magazine

Business Matters 4th anniversary cover - February 2026

Opinion

Last Thursday evening I stood in a pub off Brewer Street with a pint in one hand and an elbow on the bar, talking with an old friend that I regularly find myself taking over the media world with. 

Please remain seated: Westminster’s war on vertical drinking

Eat up and get out: why dawdling diners are killing UK restaurants

Cabinet on sun loungers? Andy Burnham’s Love Island premiership

Technology

Jeff Bezos has thrown his weight behind one of Cambridge's most closely watched artificial intelligence ventures, joining a $400 million fundraising that values materials-discovery specialist CuspAI at $2.6 billion.

Amazon tops $3trn as AWS sales grow 36.7 per cent

Apple lodges fresh legal challenge over UK data access order

Apple faces a class action worth up to $32.5 billion over the collection of biometric information from users of its Photos app, after the US Court of Appeals for the Seventh Circuit on Thursday denied the company's appeal against a ruling certifying the class.

Apple faces $32.5bn Illinois lawsuit over iPhone face scans

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