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 »
12y 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...
12y ago from GPUpdate.net

Bernie limits prize money

The team which finishes last in this year's Constructors' Championship...
12y ago from SkySports.com

Ecclestone cuts prize money for 11th to zero

The team which finishes 11th in the constructors' championship will no...
12y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Gresini Ducati launches 2026 MotoGP livery

Gresini Ducati has unveiled its 2026 MotoGP livery at its official team...
19h ago from MotorsportWeek.c...

How Alex Marquez overcame MotoGP doubts to finish...

Alex Marquez has revealed he previously questioned his ability to compete...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal explore swap deal opportunity in...

Arsenal’s long-term attacking plans may be heading towards a crucial...
1h ago from CaughtOffside.com

Mikel Arteta provides Bukayo Saka injury update after...

Arsenal manager Mikel Arteta has spoken about the injury to Bukayo Saka...
1h ago from SportsKeeda.com

'Every game is a Cup final'- Declan Rice sends title...

Arsenal midfielder Declan Rice has issued a rallying cry to his teammates...
10m ago from SportsKeeda.com

Leeds boss makes 'best in Europe' claim about Arsenal...

Leeds United boss Daniel Farke lauded Arsenal's performance against his...
10m ago from SportsKeeda.com

Comments

Hottest News

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.