The investment is led by Brazilian group OutField, an international consortium co-founded by Pedro Olivera, and includes Georgios Frangulis, CEO of global health-food brand OakBerry.
Felipe Massa was leading the 2008 Singapore Grand Prix when fellow-Brazilian Nelson Piquet Jr. deliberately crashed his Renault into the wall on lap 14.
After a spate of freak accidents related to eminent sportsmen in recent weeks, rediff.com takes a look at some most famous sufferers.
Massa, who failed to score after a bungled pitstop, claims the race should have been cancelled because the sport's leaders allegedly knew before the end of the 2008 season what had happened but covered it up.
Seven times Formula One world champion Michael Schumacher will replace injured driver Felipe Massa at Ferrari if he passes a fitness test, the team said on Wednesday.
Ferrari's Felipe Massa will have a brain scan after fracturing his skull in a freak accident at the Hungarian Grand Prix, the Brazilian's Formula One team said on Sunday. Last year's overall championship runner-up was in intensive care after being hit on the head by bouncing debris from compatriot Rubens Barrichello's Brawn during Saturday's qualifying.
Injured Formula One driver Felipe Massa can now communicate "actively" and is able to move his hands and legs, a Hungarian Defence Ministry spokesman said on Monday. Brazilian Massa, who fractured his skull in an accident during qualifying for the Hungarian Grand Prix on Saturday, is waking up from sedation more and more frequently.
Formula One legend Michael Schumacher had reportedly "reacted with his mouth" during a secret visit to the Grenoble hospital by his former Ferrari teammate Felipe Massa.
The Ferrari driver was fined $14,870 after stewards decided that his release from his second pitstop had been unsafe.
Felipe Massa said farewell to thousands of Ferrari fans in Italy on Sunday and received a trophy nearly as tall as him to celebrate his time with the Formula One team.
Recovering Brazilian Felipe Massa could be back behind the wheel of a Formula One car in Italy next week despite a ban on testing during the season, Ferrari said on Tuesday.
Brazilian Felipe Massa is likely to stay with Ferrari next year alongside Fernando Alonso, team principal Stefano Domenicali said on Thursday.
Ferrari driver Felipe Massa had successful plastic surgery on his fractured skull at a Sao Paulo hospital on Monday, the Italian team said on their website (www.ferrari.com).
Injured Formula One driver Felipe Massa could walk out of a Budapest hospital within 10 days and his eye appears to have suffered no damage in Saturday's accident, his doctors said Tuesday.
Ferrari have extended Brazilian Felipe Massa's contract by two more years to the end of the 2010 season.
Lewis Hamilton's Formula One lead was cut to five points at the Japanese Grand Prix on Sunday after Ferrari title rival Felipe Massa was promoted from eighth to seventh place.
Injured Formula One driver Felipe Massa left a Budapest hospital after nine days of treatment on Monday, boarding a private jet home to Brazil on his own feet. Massa's left eye was badly bruised but slightly open and there were no bandages over the line of stitches on his left temple.
Ferrari's Felipe Massa delighted his home fans with pole position for the title-deciding Brazilian Grand Prix on Saturday while championship favourite Lewis Hamilton qualified only fourth.
Ferrari's Felipe Massa will leave intensive care on Wednesday after taking his first steps since he fractured his skull in a crash at last weekend's Hungarian Grand Prix, the Formula One team said. The champions said on their website that the Brazilian's condition is improving steadily in Budapest's AEK military hospital.
Ferrari's Felipe Massa was in intensive care Saturday after being hit on the head by bouncing debris and crashing heavily in Hungarian Grand Prix qualifying. Massa suffered a cut forehead, skull damage and concussion in the accident caused by a fist-sized spring weighing around 800 grams falling off compatriot Rubens Barrichello's Brawn seconds earlier.
Double world champion Alonso finished third, eclipsed before his 140,000 strong home crowd by Brazilian Massa and the extraordinary Hamilton.
The Brazilian said he would never forget the team's support for him after his near-fatal head injury at the 2009 Hungarian Grand Prix.
Ferrari's on-form Felipe Massa set the pace in Belgian Grand Prix free practice on Friday while world champion team mate Kimi Raikkonen again looked out of sorts.
Injured Formula One driver Felipe Massa is up and about and expected to make a full recovery from Saturday's accident but will remain in a Budapest hospital for now, his personal physician said. Massa, 28, fractured his skull in an accident during qualifying for the Hungarian Grand Prix when he was hit just above his left eye by a bouncing spring, weighing almost a kilo, that broke free from fellow Brazilian Rubens Barrichello's Brawn car.
Feuding foes Lewis Hamilton and Felipe Massa were poles apart at the Indian Grand Prix on Sunday despite their magnetic attraction on the racetrack pulling stronger than ever.
Williams driver Felipe Massa has revealed that he considered quitting Formula One after Marussia driver Jules Bianchi's 160 miles-per-hour horror accident during the Japanese Grand Prix.
The Brazilian banged wheels with the British rookie Lewis Hamilton at the first corner.
Lewis Hamilton became the first driver in Formula One history to finish all of his first three races on the podium.
The Brazilian now looks much more like the real deal, no longer simply plugging a hole at Ferrari until someone better comes along.
Ferrari's Felipe Massa, recovering from serious head injuries, will wave the chequered flag at next week's potentially title-deciding Brazilian Formula One Grand Prix, organisers said on Thursday.
Felipe Massa delivered his eagerly-awaited verdict on Ferrari's new Formula One car after the first day of testing on Tuesday, with sighs of relief likely to be heard around Maranello.
Injured Formula One driver Felipe Massa is recovering well and could walk out of a Budapest hospital within 10 days, his doctor said on Tuesday. Doctors brought Massa, last year's championship runner-up, out of an artificial coma on Monday and also took him off a respirator.
Fernando Alonso has said he will do what he can to help Ferrari's Felipe Massa beat Lewis Hamilton to the Formula One title.
A disastrous pitstop sent Ferrari's title contender Felipe Massa from first to last in the Singapore Grand Prix Sunday.
Ferrari's Felipe Massa was quickest on Thursday's final day of Formula One testing for next week's German Grand Prix at Hockenheim while Giancarlo Fisichella crashed heavily in his Force India. The Brazilian, level on 48 points with world champion team mate Kimi Raikkonen and McLaren's Lewis Hamilton at the halfway point in the season, was the only driver to lap inside one minute 15 seconds with a best time of 1:14.989.
Ferrari has ruled out a competitive return this year for Felipe Massa.
Lewis Hamilton joined Massa on the front row, with Ferrari's Kimi Raikkonen lining up third.
Injured Ferrari driver Felipe Massa left a Budapest hospital after nine days of treatment on Monday and said he hopes to make a swift return to Formula One. Massa is confident his former team-mate Michael Schumacher will do a fine job.
Brazilian Felipe Massa wrote off his and Ferrari's Formula One championship chances on Sunday. Despite scoring his first points of the season with sixth place at the Spanish Grand Prix, Massa shook his head when asked whether he felt he could still fight for the title with just three points to Briton Jenson Button's 41 from five races.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances