News Details
Symonds: Marussia will survive
Marussia technical director Pat Symonds concedes taking away the prize money from the smaller teams will "really hurt" but he is confident his outfit will survive even if things get a little tougher financially.
Under the new Concorde Agreement, the team that finishes 11th in the Constructors' Championship will not get a cent from the sport's $698.5m prize fund as the $10m they received in previous years has fallen away.
Marussia finished 11th in the Championship last season and Formula One boss Bernie Ecclestone has stated: "They don't have a commercial agreement because they are not in the top ten. "We pay the top ten, that's what we do."
Although he knows...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Symonds: Financial issues affecting most teams
Marussia technical director Pat Symonds believes that most teams on the...
12y ago from F1Zone.net
Symonds: F1 is 'really tough'
Marussia's Pat Symonds believes that every Formula 1 team outside of the...
12y ago from SkySports.com
Testing resumes at Duxford after Villota crash
Formula 1 testing has resumed at the Duxford Aerodrome for the first time...
12y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
14h ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
1d ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
1d ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing continues partnership with Homes For...
AJ Foyt Racing has announced that it will once again partner with Homes...
9h ago from MotorsportWeek.c...
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
2d ago from Motorsport.com
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
2d ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
19h ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
1d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Revealed: Man Utd close to agreement after offering...
Manchester United are closer to a verbal agreement with Wolves forward...
51m ago from CaughtOffside.com
Arsenal set for transfer 'battle' with Paris...
Arsenal may have to do battle with Paris Saint-Germain off the pitch to...
7h ago from SportsMole.co.uk
'I think he gets over-awed by those real big ones' -...
Former player Danny Murphy has slammed Martin Odegaard after Arsenal's 1-0...
6h ago from SportsKeeda.com
Friday thoughts – observing the universe
Morning. This might surprise you, but I woke up thinking about...
11m ago from Arseblog.com
Comments
Hottest News
Max Verstappen opens up on relationship with Penelope Kvyat
Max Verstappen has been officially dating model... Read More »
1h ago from Formula1News.co.uk
Ferrari better off sticking with Sainz rather than...
While Ferrari and their superstar signing Lewis... Read More »
41m ago from GrandPrix247.com
Max Verstappen receives major Red Bull upgrade
Red Bull is in the middle of a crucial upgrades... Read More »
31m ago from RacingNews365.com