Williams F1
Jun 9

F1: Perez defends himself after being penalized for collision

Sergio Perez walks away from his Force India after a collision with Felipe Massa in the final lap of the Canadian GP. (Photo: Charles Coates/LAT Photographic)

walks away from his after a collision with during the final lap of the . (Photo: Charles Coates/LAT Photographic)

Sergio Perez and Force India have responded to criticism from Felipe Massa and Williams after the controversial last lap collision between the pair.

Perez was given a five-place grid penalty for Austria, essentially because he appeared to move left just before the incident.

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May 6

F1: No regrets as Maldonado insists Lotus not lost

Pastor Maldonado during the 2014 Formula 1 Chinese GP. Lotus has yet to score a point this season. (Photo: Getty Images)

during the 2014 Chinese GP. has yet to score a point this season. (Photo: Getty Images)

Pastor Maldonado insists he has no regrets about moving from Williams to Lotus for 2014.

On the face of it, the Venezuelan switched his millions in PDVSA backing from a resurgent team to one entering a deep slump.

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May 3

Maldonado paid $25 million to leave Williams

Maldonado during qualifying for the 2013 Brazilian GP, his final race with Williams. (Photo: Getty Images)

Maldonado during qualifying for the 2013 Brazilian GP, his final race with Williams. (Photo: Getty Images)

A $25 million termination payment from ’s sponsor helped Williams to drive back into profit.

The publicly-listed British team released its 2013 financial results on Friday, showing a $20m operating profit despite a poor season on track.

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May 2

Formula 1: Williams finding financial stability

Williams has already scored 36 points after the first four F1 races in 2014. In 2013, the team only accumulated 5 points all season. (Photo: Getty Images)

Williams has already scored 36 points after the first four F1 races in 2014. In 2013, the team only accumulated 5 points all season. (Photo: Getty Images)

Williams has announced an improved financial performance in its 2013 annual results.

The group’s overall income increased from £105.8m ($178.3m) to £132.4m ($223.4m), with an EBIT of £12.0m ($20.3m), up from £5.1m ($8.6m). Within those figures, the income of the F1 division rose from to £86.4m ($145.8m) to £108.5m ($183.1).

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Apr 22

Massa frustrated by run of bad luck

Felipe Massa's car comes to a rest in the gravel after being hit by Kamui Kobayashi's Caterham at the start of the Australian GP. (Photo: Getty Images)

’s car comes to a rest in the gravel after being hit by ’s Caterham at the start of the Australian GP. (Photo: Getty Images)

Felipe Massa admits he’s been frustrated by the bad luck that has cost him a lot of points in the early races of the season.

In China he was wet set in sixth when there was a delay at his first pit stop after it was realized that the crew was trying to fit the left rear tire on the right, and vice versa.

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