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 »
11y ago from Crash.net 0
Share

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

Maverick Vinales tops the timesheets at Aragon MotoGP...

Tech3 KTM rider Maverick Vinales topped the timesheets after breaking the...

Francesco Bagnaia: Aragon MotoGP podium result feels...

A third-place finish for Francesco Bagnaia "felt like a...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...

Popular On GunnersToday.com

Bukayo Saka overcomes self-doubt to return ‘more...

land and Arsenal forward struggled after 5am surgery on Christmas Eve but...
6h ago from TheGuardian.com

Tuchel: Liverpool, Arsenal have 'huge' PL title...

Thomas Tuchel says Liverpool and Arsenal will have a "huge"...
6h ago from SkySports.com

Arsenal could miss out on leading target as Saudi club...

Arsenal will sign a new striker this summer, but there is now a chance...
9h ago from CaughtOffside.com

Arsecast Extra Episode 643 – 09.06.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
9h ago from Arseblog.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.