News Details
$10m fund for 2010 new teams to end
By Editor on Monday, April 29, 2013 Bernie Ecclestone has said that Caterham and Marussia will no longer receive $10m on an annual basis.
The lump sum was paid to the three teams who joined the grid in 2010 but this has now ceased. Only the top 10 teams will receive money under the new proposed Concorde Agreement.
Marussia currently holds 10th place in the championship courtesy of Jules Bianchi's 13th place in Malaysia.
The two teams held unsuccessful merger talks over the winter.
Ecclestone also confirmed to The Daily Telegraph that he plans to float the sport on the Singapore stock exchange.
'We have agreed to do it. It will happen this year and it will be up and running. CVC is getting...
Full Story »
Full Story »
12y ago from F1Zone.net
0
You May Also Be Interested In...
F1 2013 – Prize money to only be paid to top 10 teams
Bernie Ecclestone has revealed only the top 10 constructors will receive a...
12y ago from F1.co.uk
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
F1 prize money to be restricted to top ten
The team finishing last in the constructors' championship will no longer...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller secures new Pramac Yamaha contract for...
No description available...
1h ago from Motorsport.com
Jack Miller stays with Pramac Yamaha for 2026 MotoGP...
Pramac Yamaha has confirmed that Jack Miller will remain with the team...
51m ago from MotorsportWeek.c...
Marc Marquez would “hate” Barcelona if it...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
18h ago from MotorsportWeek.c...
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
18h ago from Motorsport.com
IndyCar’s Toronto race shifted to new venue for 2026
IndyCar’s yearly visit north of the border to Canada will be held at a...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal expected to make 'official move' for...
Luiz Benedetti, the young centre-back from Palmeiras, has caught the...
5h ago from CaughtOffside.com
Champions League squad named: Dowman in, no place for...
Morning. It's Thursday and we're right into the Interlull now. If you want...
4h ago from Arseblog.com
“It just didn’t make any sense” - Craig Burley...
Former Chelsea midfielder Craig Burley has criticised Arsenal for not...
1d ago from SportsKeeda.com
“It’s easy to criticise if you’re not on the...
Viktor Gyokeres has shared his thoughts on Freddie Ljungberg's criticism...
1d ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen Ferrari talks confirmed
It has been revealed that Max Verstappen’s team... Read More »
3h ago from GPFans.com
Massa prepares for key ‘crashgate' hearings
Sep.4 Felipe Massa has revealed new details... Read More »
1h ago from OneStopStrategy.com
Toto Wolff and Red Bull F1 chief to meet in Austria
It has been reported that Mercedes team principal... Read More »
1h ago from GPFans.com
