Montreal Cancels 'Financial Fiasco' Formula E Race After Costing The City Millions

Montreal announced today that it will cancel its Formula E race weekend after last year’s race weekend cost taxpayers millions of dollars and left the organizers in debt, the CBC reports. Montreal mayor Valérie Plante claims that taxpayers would have to pay up to $35 million CAD ($27 million U.S.) to host the second…

All The Insane Stuff You Could Buy With The $1.8 Million IndyCar Needs To Fix Its Cars

Saturday’s IndyCar race had so much crash damage, only six of its 22 cars finished on the lead lap. Wrecks racked up an estimated $1.8 million in damage across the field, per Racer—and that’s a conservative estimate. That works out to about 180 gently used Spec 944s, or five beige McMansions in the Ft. Worth…

Your Favorite Formula One Drivers Are Still Richer Than You'll Ever Be

How much does your favorite Formula One driver make? Answer: a lot. Even the series’ lowest-paid driver—Sauber’s Pascal Wehrlein—still makes $150,000 in 2017, per Fox Sports’ list of drivers’ salaries. Meanwhile, McLaren’s Fernando Alonso will make a whopping $40 million, making him F1's highest paid driver.

Formula One Might Replace Ferrari's Home Grand Prix With New Race In Las Vegas

“I don’t think we have to have an Italian Grand Prix,” misguided elf-king of Formula One and infinitely wrong man Bernie Ecclestone told The Daily Mail. Tifosi, it’s time to get out those pitch forks and torches. Monza—historic wonderland and Ferrari’s home race Monza—could be replaced by Las Vegas.