Indonesian Formula One driver Rio Haryanto needs more money to keep his seat at the Manor Racing team, but he is safe for the first half of the season, his manager confirmed Wednesday.
“The sponsorship is all paid for up until the 11th race,” Piers Hunnisett said yesterday as preparations for the Monaco Grand Prix continued at Monte Carlo.
“No problem there. That’s fully paid. It’s just the process in Indonesia with the government.”
The Formula One season has a record 21 races this year, with Haryanto making his debut in March as Indonesia's first grand prix driver.
Sunday’s Monaco showcase is the sixth round.
See also:
• Graham Caygill: Max Verstappen, F1's next great superstar, shows why Red Bull made the move on him
• 2016 Formula One team guides: Who is who, and who is new?
Haryanto earlier acknowledged there were “rumours” that he would only be able to do half the season but hoped to stay.
“My management are working really hard to get the full season,” he said.
“My goal is to focus on the job at each race and to do my best and we’ll see what happens later.
“It’s important to leave that aside and just do my best to drive the car as quick as possible and to work with the team well. That’s all that’s going on in my mind.”
Hunnisett said he spent all last week in Indonesia talking to would-be sponsors and government officials and was confident the shortfall would be made up.
“I think in the next couple of weeks, and hopefully before Canada (the seventh race on June 12), we’ll get something confirmed,” he said.
Haryanto’s primary sponsor is state-owned oil company Pertamina, which so far has contributed €5 million (Dh20.4m) towards the funding needed to secure the race seat at the sport’s smallest team.
“The news in Indonesia is huge, all the ministers support Rio, the media and the public,” Hunnisett said. “There’s a possibility that Pertamina may come up with some additional funds.
“Formula One is all very new to Indonesia, it will be incredible if Rio didn’t finish the season,” he said. “I’m quite confident he will be there for the year. But in all governments, not just Indonesia, it’s never easy or straightforward.”
Hunnisett had claimed in February that Haryanto, 23, had a contract for the full season.
Since then, however, there has been considerable speculation about how much money he still has to bring to the British-based team to ensure the contract is not terminated. Indonesian media has put the total needed at €15 million.
One crowdfunding initiative, backed by the Indonesian government and local telecoms companies, aims to raise money through text messaging.
Haryanto has 514,000 followers on Twitter, more than many established F1 racers. Indonesia has a population of around 250 million.
Hunnisett said he had not seen the latest figures for the texting initiative.
Haryanto has finished three of his five races for the tail-end Manor team, with his best results being 17th-place finishes in Bahrain last month and in Spain two weeks ago.
Haryanto and teammate Pascal Wehrlein will be on track today with the rest of the F1 grid for the two 90-minute practice sessions, ahead of qualifying on Saturday and Sunday’s 78-lap race.
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Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
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New Zealand T20 squad
New Zealand T20 squad: Tim Southee (captain), Finn Allen, Todd Astle, Hamish Bennett, Mark Chapman, Devon Conway (wicketkeeper), Lockie Ferguson, Martin Guptill, Adam Milne, Daryl Mitchell, Glenn Phillips, Ish Sodhi, Will Young
Paltan
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Cast: Jackie Shroff, Sonu Sood, Arjun Rampal, Siddhanth Kapoor, Luv Sinha and Harshvardhan Rane
Rating: 2/5