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In 1998, McLaren became the first Formula One team to establish a driver development program, founding the McLaren-Mercedes Young Driver Support Programme; [1] its initial cohort famously included 13-year-old kart racer Lewis Hamilton, [2] who became the first driver development program alumnus in Formula One to win the World Drivers' Championship in 2008. [3]
In March 2015, Frédéric Garcia and Anne-Charlotte Rémy invested and bought the Winfield Racing School brand. Adding Historic Racing, brought in by Laurent Fort (Winfield Héritage) to the line of activities, the school offers a Formula 1 driving experience day to wealthy enthusiasts in addition to the traditional schooling for young racing drivers, occupying the modern facilities at Paul ...
For example, after wealthy Brazilian driver Pedro Diniz left the Forti team for Ligier after the 1995 season, Forti withdrew from Formula One midway through 1996. [3] The competence of pay drivers varies. Three-time Formula One world champion Niki Lauda grew up in a wealthy family. Against his parents' will, he was able to borrow money against ...
Formula 1 team Red Bull has dropped Sergio Perez after months of poor results. Perez has not won a race since April 2023, even as his teammate Max Verstappen has dominated F1, and the 34-year-old ...
This investment had a negative 40% ROI in two and a half years. Return on Investment and Time. The basic ROI calculation does not consider the amount of time the investment is held. If you only ...
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[12] 2009 Formula 1 World Driver's Champion Jenson Button objected, and expressed his position that all current F1 drivers should pay the same flat fee for their super licences: Personally I don't feel that we should be paying different super licence fees for different drivers and different point situations.
Formula 1 driver Max Verstappen made history Sunday with a 10th consecutive win, continuing a season of extraordinary dominance with a victory in the Italian Grand Prix.