News Details
'11th team to lose prize money'
Bernie Ecclestone is shaking up F1's $698.5m prize fund as no longer will the 11th team be paid a cent.
At present the top ten teams in the Constructors' Championship split the prize fund. However, for the last three seasons those finishing outside the top ten have each received $10m as part of a deal.
Ecclestone, though, has brought that deal to an end.
While the payment clause for the $10m was included in the old Concorde Agreement, this season Ecclestone has signed separate commercial agreements with each team.
The only team that doesn't have a deal is Marussia, who finished 11th last season.
Speaking to the Daily Telegraph, the F1 supremo said "they don't have a commercial...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Ecclestone cuts prize money for 11th to zero
The team which finishes 11th in the constructors' championship will no...
12y ago from TheF1Times.com
11th placed team set to lose constructors' prize money
Formula One is set to undergo a dramatic change in the awarding of prize...
12y ago from RichlandF1.com
Ecclestone: F1 IPO is going ahead this year
Formula One's initial public offering (IPO) will definitely go ahead in...
12y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
18h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
19h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
21h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
13h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
13h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
18h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
20h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
1d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'Gives them that little bit more spark' – Steven...
Liverpool legend Steven Gerrard has urged Mikel Arteta to not bench Bukayo...
54m ago from SportsKeeda.com
Deal 'on the horizon' as 13-goal midfielder packing...
Arsenal reportedly look to be making progress on a transfer deal for...
1h ago from CaughtOffside.com
Mikel Arteta pushing Arsenal to accelerate potential...
Arsenal manager Mikel Arteta is reportedly pushing for the club to...
24m ago from CaughtOffside.com
'Of course' – Arsenal star confident of reaching...
Arsenal forward Gabriel Martinelli insists he is confident that the club...
14m ago from CaughtOffside.com
Comments
Hottest News
World champion sprinter sues Mercedes F1 team: 'Unsafe,...
A world champion runner has begun legal action... Read More »
24m ago from GPFans.com
Racing Bulls light up Miami in striking sunshine yellow
The Miami Grand Prix hasn’t even fired up its... Read More »
2h ago from F1i.com
Red Bull made one fatal error which cost Max Verstappen the...
A former F1 team principal has claimed that Max... Read More »
1h ago from GPFans.com
