Michael Schumacher Provides a Contract Law Lesson

Michael Schumacher was involved in a significant F1 contract dispute that demonstrates the importance of wording in a contract, and I have the details in this week’s Business of Motorsport Roundup. I also have news on how the Middle East conflict is affecting both F1 and WEC and much more.


Motorsport Industry News

F1 and WEC Monitor Middle East Situation and Prepare for Contingencies

Michael Schumacher Provides a Contract Law Lesson

A big decision looms for both F1 and WEC on what to do about their late season races in the Middle East as conflict in the region continues. On the F1 side, F1 and FOM are supportive in making whatever decision is deemed necessary while Barcelona and Monza are reportedly being lined up to end the WEC season.


BYD Reveals Formula 1 Stance with Blunt โ€˜Sticker on the Sideโ€™ Admission

Planet F1 reports that BYDโ€™s plans for potential involvement in Formula 1 have become clearer, with the Chinese brand declaring it is not interested in being a โ€œsticker on the side of a carโ€.

โ€œFor BYD, we are a technology leader. We are seeking any opportunity to see if BYD technology can help FIA, can help all other teams. Second ambition, as BYD, we also need to build a brand here. So this is the scope.โ€


Are Loud Engines Really Something F1 Should Return To?

Formula 1 is making a push towards naturally aspirated V8 engines in 2031, but is getting louder something the series should aspire to? Autosport writers have their say.

A decade has passed since loud engines were part of F1, and the series is now in a very different place, with a younger and different demographic of fans and more races held in urban settings that would very likely not survive if the decibels were going to skyrocket.”


Rome Completes Key Milestone in Pursuit of 2027 WRC Round

Romeโ€™s plan to host a round of the World Rally Championship next year has reached a milestone following the completion of a constructive candidate event last week. Rome has held a round of the European Rally Championship schedule since 2017, through the Rally di Roma Capitale event, with organisers eager to elevate the rally to WRC status.

More details can be found at Autosport here.


NASCAR Remains Focused on Global Growth Despite Phelps Departure, Makes Hire From UFC

NASCAR last month hired Ultimate Fighting Championship senior vice president of international Adam Layton as senior vice president of NASCAR International in a role that includes strategy development, event operations and revenue generation for its three national series in the U.S. and its international circuits.

Former NASCAR Commissioner Steve Phelpsโ€™ departure in the offseason raised questions about who will keep the company moving forward on international. But in a phone interview this month, Steve O’Donnell, Phelpsโ€™ successor, said the racing property is still forging ahead with plans to try to grow more globally.

Read more at Sports Business Journal here.


How Manufacturer Competition Is Reshaping NASCARโ€™s Future

Manufacturer competition has always been at the heart of NASCAR. While fans cheer for their favorite drivers, automakers are engaged in their own battle behind the scenes. Every season, manufacturers invest in engineering, research, and innovation to help their teams gain an advantage on the track. This competition not only shapes race results but also influences the future of automotive technology. As NASCAR continues to evolve, manufacturer rivalries are driving advancements that benefit both racing teams and everyday drivers.

Read more at Speedway Digest here.


Why IMSA Should Extend Road America to 8 Hours for a Landmark โ€œ60 Hours of Enduranceโ€ Campaign

IMSAโ€™s Michelin Endurance Cup currently totals exactly 58 hours across five races, including the new six-hour event at Road America in 2026. Extending Road America to eight hours would create a landmark โ€œ60 Hours of Enduranceโ€ campaign. A powerful heritage play for fans, tickets, and sponsors. Vantage explains why.


Creventicโ€™s Bold Gamble for GT Dominance in the Gulf

The addition of one race to a promoterโ€™s portfolio rarely holds great significance in the big picture. But Creventicโ€™s announcement of the YAS 12 HOURS in 2026 shows their hand in a power play which could assert dominance in the arena of GT racing in the Gulf region. Gulf Motorsport Business looks at the implications of the move.


Crucial Supercars Teams Racing Charter Negotiation Heats Up

Speedcafe can reveal Supercars boss Barclay Nettlefold made a long-awaited pitch to team representatives during the Townsville 500 weekend. Supercars owner RACE is in the uncomfortable position of needing to renegotiate or replace its Teams Racing Charter to avoid the calendar shrinking to 12 events.

Read the full details at SpeedCafe here.


Quick Takes on the Business of Motorsport This Week

Michael Schumacher Provides a Contract Law Lesson
Michael Schumacher Provides a Contract Law Lesson

Highlights from the Sustainable Motorsport Roundup

Formula E Gen4 Takes On Goodwood

Formula E Gen4 at Goodwood

The Formula E Gen4 race car took on Goodwood last weekend and I have all the details, reactions and video in this weekโ€™s Sustainable Motorsport Roundup. I also have details of how Toyota will tackle Dakar with hydrogen power and more.


Motorsport Law Roundup

Michael Schumacher and an Important Contract Law Lesson

As a law student in the early 90s, I wrote a paper on how one change of wording in Michael Schumacher’s contract with Jordan demonstrated how words in a contract can make such a difference.

While my paper is unfortunately locked in an old 5 1/4″ diskette that I can no longer access, here are two great articles that explain how the altering of one word completely changed the contract between F1 great Michael Schumacher and the fledgling Jordan F1 team.


Motorsport Sponsorship, Partnership News and Analysis

Michael Schumacher Provides a Contract Law Lesson
Michael Schumacher Provides a Contract Law Lesson

The Business of Running a Race Team

How Williams Went from $200 Million Sale to Being Worth $2.5 Billion

Michael Schumacher Provides a Contract Law Lesson

In the latest exclusive ‘In Conversation Withโ€ฆ’ interview from The Race Business, The Race co-founder Darren Cox sits down with Matthew Savage, Chairman of Dorilton Capital, to uncover the business strategy behind transforming the legendary Williams F1 team. From the $200 million acquisition in 2020 to a staggering $2.5 billion valuation today, Savage explains how a long-term investment horizon, the impact of the cost cap, and the “Netflix” effect turned the teamโ€™s fortunes around. Watch the conversation in the video above.


Team & Manufacturer News

Michael Schumacher Provides a Contract Law Lesson

Motorsport Movers & Shakers

How Susie Wolff Took F1 Academy from Empty Tracks to Global Partnerships

Michael Schumacher Provides a Contract Law Lesson

As the Managing Director of F1 Academy, Susie Wolff is helping reshape the future of motorsport. Susie joins Maria to discuss navigating the high-stakes negotiations, the pressure of maximizing growth while F1 Racing is having its moment, and what its like holding her ground in rooms where she’s often the only woman at the table.

Susie opens up about racing through injury, the power of saying no, and getting tough love from her husband, racing legend Toto Wolff.

All that and more on this episode of the Pretty Tough podcast which you can watch above.


Mark Boudreau
Author: Mark Boudreau

Mark is the publisher of Motorsport Prospects and the host of the Motorsport Prospects Podcast. As a lawyer, he applies his legal background and research skills to assist race drivers by showcasing the resources they need to make their motorsport careers happen.