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In 1974, the Formula One Constructors' Association (FOCA) was founded in order to increase commercial organisation of Formula One for the benefit of the racing teams. In 1978, Bernie Ecclestone became the executive of FOCA, and fought the Fédération Internationale du Sport Automobile (FISA) for control of the commercial rights of F1.
The Formula One Paddock Club was founded by Paddy McNally, chief executive of Allsport Management, a company part of the Formula One Group. McNally originally worked as a sponsorship consultant for Marlboro with John Hogan before becoming a business partner of Bernie Ecclestone. He started working closely with Ecclestone in the late 1970s ...
Formula One Group CEO Stefano Domenicali stated that GM's commitment to the project was an "important and positive demonstration of the evolution of [the] sport". [13] In December, the team hired former Virgin and Marussia CEO Graeme Lowdon as team principal and Renault engine specialist Rob White as chief operations officer. [2] [5]
The first World Championship Grand Prix was held in 1950 at Silverstone; since then 77 circuits in total have hosted a Grand Prix.A lot of classic (older) circuits have hosted Grands Prix using different configurations throughout their history: Nürburgring, Spa-Francorchamps, Monza, etc. Taking Nürburgring as an example, the first World Championship race there used the 22.835 km (14.189 mi ...
Formula One teams pay entry fees of $500,000, plus $5,000 per point scored the previous year or $6,000 per point for the winner of the Constructors' Championship. Formula One drivers pay a FIA Super Licence fee, which in 2013 was €10,000 plus €1,000 per point. [221] There have been controversies with the way profits are shared among the teams.
Willow Springs International Motorsports Park (commonly referred to as Willow Springs) is located in Willow Springs near Rosamond, California, about 80 mi (130 km) north of Los Angeles. It is the oldest permanent road course in the United States. [1] Construction began in 1952, with the inaugural race held on November 23, 1953. [2]
Relating to the team's nationality because of teams' bases in Britain several mistakes occurred on official entry lists issued by or podium ceremonies organized by the FIA or race organisers, e.g. Wolf [31] [32] holding the Canadian nationality and Shadow (in 1973) [33] and Penske [34] [35] both holding the American nationality all identified ...
This is a list of notable corporations headquartered in Los Angeles County, California. The table is arranged alphabetically by company. The table is arranged alphabetically by company. This is a dynamic list and may never be able to satisfy particular standards for completeness.
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