News Details

‘Only top 10 F1 teams to get prize money’

Bernie Ecclestone has made clear that Formula One will pay prize money to only the top 10 teams from the end of this season. Since 2010, payments have been made to the 11th and 12th-placed teams to help three newcomers on reduced budgets who came in after the abrupt departure of major manufacturers Honda, Toyota and BMW. There are now 11 teams remaining after the demise last year of Spanish-based HRT. "For three years we did something different because we had an agreement with (former FIA president) Max (Mosley) but from now on we will pay the top 10 and that's it," Ecclestone told Monday's Daily Telegraphnewspaper. The confidential Concorde Agreement that governs the sport...
Full Story »
11y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Only top ten teams to receive prize money

Bernie Ecclestone has revealed that prize money will only be given to...
11y ago from GPUpdate.net

Bernie limits prize money

The team which finishes last in this year's Constructors' Championship...
11y ago from SkySports.com

Ecclestone cuts prize money for 11th to zero

The team which finishes 11th in the constructors' championship will no...
11y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo ‘very happy' but ‘staying...

Fabio Quartararo showed visible delight after the three-day MotoGP test...
13h ago from MotorsportWeek.c...

2025 Sepang MotoGP test rundown

The 2025 MotoGP season began to take shape as the entire grid took to the...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Power sets goal of five move competitive years in...

Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Penske President Tim Cindric to reduce leadership role

Team Penske announced on Friday afternoon that long-time President Tim...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal target England international wanted by...

Arsenal are reportedly preparing to make a move for Crystal Palace captain...
4h ago from CaughtOffside.com

Arsenal injury news: Gabriel Martinelli timeline...

Arsenal's Gabriel Martinelli is reportedly set to spend more than a month...
7h ago from SportsMole.co.uk

Arsenal attacker set to miss over a month of action...

Arsenal’s Gabriel Martinelli is reportedly set to miss more than a month...
7h ago from CaughtOffside.com

Comments

Hottest News

When do tracks' contracts expire?

The Australian Grand Prix's future is the most... Read More »
1h ago from F1Technical.net

Jordan’s emphatic U-turn on Hamilton-Ferrari alliance

Former F1 team owner Eddie Jordan, never one to... Read More »
8h ago from F1i.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.