Motor Sports

W Series fighting to finish 2022 season amid ‘significant’ funding issues (SportsPro Insider)

• No guarantees the season will continue beyond Singapore, or if drivers will receive prize money
• Creditors said to be awaiting unpaid bills for thousands of pounds dating back months
• Multi-million pound investment reportedly deal fell through at the last minute

Serious doubts have arisen over whether the all-female W Series will be able to finish its third season after chief executive Catherine Bond Muir admitted it was fighting to secure enough funding to continue.

Mercedes Extends F1 Deal Worth $75M Annually (Front Office Sports) With major changes coming to Formula 1 in 2026, Mercedes is staying the course.
The iconic carmaker extended its title and technical deal with Malaysian oil company Petronas from 2026.

• The deal is for $75 million per season.
• The extension continues an arrangement that began with Mercedes’ entry into F1 in 2010.
• Mercedes has won eight championships in that time, but are in third place this year, behind Red Bull and Ferrari.

Formula E Selects Hankook as Exclusive Tire Supplier Ahead of Season 9 in January (SportTechie) Formula E has selected Hankook as its exclusive tire supplier beginning with the start of Season 9 in Mexico City on January 14, 2023. That E-Prix also marks the first race with the Gen3 car.

Mercedes F1 signs early extension to ‘US$75m a year’ Petronas deal (SportsPro Insider)

• Mercedes and Petronas will work towards 100% sustainable fuels in 2026
• Continuation of a partnership that began in 2010

The Mercedes Formula One team and Petronas have announced a multi-year extension of their title sponsorship deal, with the early renewal taking the contract past its current 2026 expiration.
As part of the deal, the two parties will work towards the 100 per cent sustainable fuel due to debut in the global motorsport series in 2026.

Formula 1’s McLaren Racing Partners With OKX; How the Crypto Exchange Contributed to New Car Design and Web3 Ventures (SportTechie) Lando Norris fondly remembers his last race in Singapore: the vibrance of the city, gleaming under the night lights and a seventh-place finish. When Formula One returns to the Asian city-state for another evening start time, in the circuit’s first Grand Prix there since 2019, Norris will take a seat in his car with a newly redesigned livery, its McLaren’s signature Fluro Papaya orange now complemented by neon pink highlights and other design elements.