News Details
Teams ‘screwed up’ by ditching unity in financial fight
F1 team bosses admitted that they had missed an opportunity to both contain the cost of competition and create a more equitable split of revenues simply because the remained rivals off the track. With the introduction of a new engine and drivetrain package for 2014 set to raise costs considerably, especially for those teams towards the rear of the grid, the push towards making the sport more affordable for all appears to have been abandoned, leaving those in charge to lament a lack of unity when it came to negotiating with both the FIA and rights holder CVC.
Ironically, it was the governing body that had initially championed the crusade for lower financial burdens, only to propose the...
Full Story »
Full Story »
You May Also Be Interested In...
FIA get serious about cutting costs in F1
If you’ve ever created a personal budget, you know that cutting costs...
11y ago from Formula1Blog.com
Raikkonen left Lotus as he wasn't paid his salary
Kimi Raikkonen revealed that money trouble at Lotus was part of the...
11y ago from F1Pulse.com
Red Bull rejects Sauber proposal to cut testing and...
Red Bull rejects Sauber proposal to cut testing and save money 17...
11y ago from GrandPrix247.com
Raikkonen: Financial situation triggered Lotus exit
Lotus F1 Team
Kimi Raikkonen says that financial issues triggered his...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
How Marquez's signing elevates Ducati's presence in...
No description available...
9h ago from Motorsport.com
The parallel challenges facing Ferrari and Ducati in...
No description available...
11h ago from Motorsport.com
Bagnaia certain Marquez will be his main rival for...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
3d ago from MotorsportWeek.c...
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
4d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
3d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastian Ogier does it again! Venit, vidit, vicit.
Sebastian Ogier and Vincent Landais overcame everything that Rallye Monte...
5h ago from MotorsportWeek.c...
Ogier hopeful historic 10th win is not his last Monte...
No description available...
3h ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
7h ago from Motorsport.com
WRC Monte Carlo: Final stage showdown set as Ogier...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
'Can I just say? It's a joke' - Ian Wright vents...
No description available...
47m ago from SportsKeeda.com
PGMOL 'appalled' by Oliver social media abuse after...
PGMOL says it is "appalled" at the level of vitriol directed at...
37m ago from SkySports.com
PGMOL release Michael Oliver statement as...
The PGMOL announce that the police are investigating 'abhorrent attacks'...
17m ago from SportsMole.co.uk
Arsenal in pole position to sign 15-G/A ace, Premier...
Arsenal are in pole position to sign the Rosenborg midfielder Sverre...
3h ago from CaughtOffside.com
Comments
Hottest News
Perez announces NEW project details after F1 axe
Sergio Perez has shared the new details of a... Read More »
1h ago from GPFans.com
Historic footage: This is how FIA boss Ben Sulayem crashed...
Mohammed Ben Sulayem got to test an F1 car in the... Read More »
1h ago from GPBlog.com
Sainz Sr makes staggering Hamilton Ferrari claim
Lewis Hamilton has replaced Carlos Sainz at... Read More »
4h ago from RacingNews365.com
