News Details

Smaller F1 teams to get ‘base payment’

Lotus team principal Gerard Lopez says smaller teams are set to receive a “base payment” to help solve the current financial issues within F1. Three teams – Lotus, Sauber and Force India – were very outspoken during the United States Grand Prix weekend about the need for change in the sport if more teams going in to administration is to be avoided. With Bernie Ecclestone admitting the latest issues are “probably my fault”, Lopez said talks with Ecclestone had yielded a positive proposal. "It can take various forms, but for sure the so-called smaller teams - one of my colleagues called it the racers versus the constructors, which I like much better because it is the truth -...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Ecclestone takes blame for F1 financial crisis

Formula 1 boss Bernie Ecclestone has admitted fault for the sport’s...
11y ago from SpeedCafe.com

Lotus denies it plans to boycott race over finances

The Lotus F1 Team has denied it will boycott the United States Grand Prix...
11y ago from TheF1Times.com

'I don’'t know how to fix F1 finances'

Formula 1 boss Bernie Ecclestone says he is to blame for the financial...
11y ago from BBC.co.uk

Midfield teams urge F1 to review revenue distribution...

style="margin: 0px; font-family: Helvetica;...
11y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP announces Qatar round postponed until November

MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...

Popular On IndyCarToday.com

Kyle Kirkwood’s surprise lunge on Alex Palou...

Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...

Rough and tumble weekend dampens Josef Newgarden’s...

Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Tim Sherwood makes prediction on Carabao Cup final...

Tim Sherwood has backed Manchester City to beat Arsenal in the Carabao Cup...
50m ago from SportsKeeda.com

Gary Neville makes feelings clear about Arsenal...

Manchester United legend Gary Neville has praised Arsenal for keeping Max...
1h ago from SportsKeeda.com

Arsenal vs Bayer Leverkusen Prediction and Betting...

The UEFA Champions League is back in action with another set of knockout...
1h ago from SportsKeeda.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.