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
Pirelli to hold first MotoGP test in Misano with test...
No description available...
7h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
9h ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
4d ago from Motorsport.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
5h ago from MotorsportWeek.c...
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
20h ago from Motorsport.com
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
8h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
18h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
3d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
19-year-old star ready to join Liverpool despite...
Ajax star Jorrel Hato is open to a move to Premier League champions...
1h ago from SportsKeeda.com
Arsenal dealt blow as multiple SPL sides, including...
As per reports, Arsenal are set to face stiff competition from Cristiano...
2h ago from SportsKeeda.com
'I’d be in his bed, I’d be in his front room' -...
Rio Ferdinand has urged Viktor Gyokeres to force a transfer away from...
4h ago from SportsKeeda.com
Report: Advanced talks for Arsenal and Milan to...
AC Milan are working on a deal to sign Oleksandr Zinchenko from Arsenal,...
6h ago from FreshArsenal.com
Comments
Hottest News
Sky Sports' David Croft snaps back at 'ridiculous' F1 fan...
Sky Sports F1 commentator David Croft has slammed... Read More »
1h ago from GPFans.com
Red Bull star reveals Daniel Ricciardo talks at Canadian...
Red Bull junior driver Liam Lawson revealed talks... Read More »
2h ago from GPFans.com
F1 Recap: Lewis Hamilton left distraught as tense meeting...
F1 star Lewis Hamilton has revealed his sadness... Read More »
30m ago from GPFans.com
