F1 - egmCarTech

Report: Michael Schumacher could return to F1 with Mercedes

Posted: Nov 20, 2009

Michael Schumacher is reported to make a come back to Formula 1 with the new Mercedes team, according to BBC Sport.
“Mercedes want the seven-time champion as their lead driver after taking over title-winning Brawn,” BBC Sport’s Eddie Jordan says. ”The possibility is being actively pursued and I believe it is going to happen.”
Schumacher’s return to F1 [...]

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Luca Badoer to fill in for Michael Schumacher

Posted: Aug 12, 2009

Filed under: Industry News

Michael Schumacher confirmed yesterday that Formula One racing is a pain in his neck – literally. With Schumacher unable to fill in for Felipe Massa, Scuderia Ferrari Marlboro announced that car number 3 will be driven by Luca Badoer.
“I am very unhappy that a problem means that Michael cannot return to racing,” commented Ferrari’s boss [...]

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Michael Schumacher cancels temporary return to Formula One

Posted: Aug 11, 2009

Filed under: Industry News

Michael Schumacher has cancelled his much anticipated comeback to Formula One due to neck injuries from a motorcycling accident earlier this year. The 7-time world champion was scheduled to fill in for injured Ferrari driver Felipe Massa.
Schumacher, 40, said that he informed Ferrari officials on Monday that he will not be able to step in [...]

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Michael Schumacher to get $1 million per race… and then some

Posted: Aug 05, 2009

Filed under: Industry News

While we have sympathy for Ferrari Formula One injured driver Felipe Massa, we are very exited to see 7-time world champion Michael Schumacher return to the race track. According to reports coming out of Germany, Schumacher is to get almost $1 million per race.
In addition to the $1 million, Schumacher is to get the same amount [...]

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Michael Schumacher to return to F1, will replace Massa for the season

Posted: Jul 29, 2009

Filed under: Industry News

Taking a break from his duties as “The Stig” from Top Gear, 7-time Formula One champion Michael Schumacher will make a return for Ferrari to replace injured driver Felipe Massa. Ferrari confirmed earlier today that Schumacher has agreed to replace Massa until he is in the condition to return.
Massa received multiple skull fractures during an accident where he was [...]

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BMW to quit Formula One by the end of 2009

Posted: Jul 29, 2009

Filed under: BMW, Industry News

BMW surprised the Formula One world today by announcing their exit as a team and engine supplier at the end of 2009.
“Resources freed up as a result are to be dedicated to the development of new drive technologies and projects in the field of sustainability,” BMW said in a statement. “BMW will continue to be [...]

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Lewis Hamilton and Heikki Kovalainen launch campaign for Taxi Grand Prix

Posted: Jun 19, 2009

Filed under: Videos

Vodaphone has launched their new Taxi Grand Prix fantasy racing campaign. Users can log on to the Taxi Grand Prix website, pick their team of taxi drivers and must have them finish the race before anyone else to win. The distance traveled by each taxi driver in real life is added to the player’s total points [...]

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Miscellaneous Thoughts: Renault looking to buy Saturn, Geely puts out a bid for Saab, Ferrari opens store in UK

Posted: May 06, 2009

Filed under: Ferrari, GM, Miscellaneous Thoughts, Saab, Saturn

The Chrysler bankruptcy is like a test drive for General Motors. The struggling U.S. automaker is surviving on $15.4 billion in government loans and is under pressure from the government to restructure its debt and make concessions with the union by June 1 or face bankruptcy.
GM talking to Renault for potential sale, Geely bids for Saturn: According [...]

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Lewis Hamilton wax statue unveiled at Madame Tussauds

Posted: Mar 19, 2009

Filed under: Industry News

After six months of painstaking work and $233,172, London’s Madame Tussauds unveiled a lifelike wax statue of Formula One Champion – Lewis Hamilton. Hamilton underwent 300 measurements for the statue which shows him holding his helmet and gloves dressed in his McLaren race gear.
Hamilton’s wax statue joins Ayrton Senna, Nigel Mansell and Michael Schumacher in [...]

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Mercedes-Benz asks its F1 team to cut costs by 50%

Posted: Dec 06, 2008

Filed under: Industry News, Mercedes-Benz

Following Honda’s shocking announcement yesterday of killing its Formula One business, Mercedes-Benz has announced that its Formula One teams have been asked to cut their costs by a 50 percent over the next two years.
“Within the Formula One Teams Association we’re working very hard on measures to cut costs, and over the next two years [...]