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 »
11y 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...
11y 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...
11y ago from GPUpdate.net
F1 prize money to be restricted to top ten
The team finishing last in the constructors' championship will no longer...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Aprilia and Michelin at odds over cause of Martin’s...
No description available...
46m ago from Motorsport.com
Morbidelli leads Quartararo on Day 2 of Sepang MotoGP...
No description available...
1h ago from Motorsport.com
Jorge Martin suffers fractures in test crash to cast...
t;li>Aprilia rider hit the track face first as his helmet...
23h ago from TheGuardian.com
Why Honda's biggest critic was smiling after...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
17h ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
2d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
5d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He was terrible today, absolutely” - Jason Cundy...
No description available...
46m ago from SportsKeeda.com
Arsenal could've signed star for £60m, he was ready...
Arsenal could reportedly have signed Ollie Watkins for around £60million...
2h ago from CaughtOffside.com
Meeting in Spain: Arsenal held transfer talks with...
Arsenal reportedly held talks with the representatives of Espanyol...
36m ago from CaughtOffside.com
Video: Anthony Gordon appears to deliberately troll...
Newcastle United star Anthony Gordon took a quite clear dig at Arsenal...
2h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin unveil STUNNING 2025 car design after Newey...
Aston Martin have unveiled a new challenger for... Read More »
2h ago from GPFans.com
Psychic Hamilton knew something prior to Ferrari switch?...
The last time Lewis Hamilton switched teams, it... Read More »
46m ago from GPBlog.com
This is Max Verstappen's new private plane
Max Verstappen will travel around the world in... Read More »
2h ago from GPBlog.com
