News Details

Smaller teams close to agreeing increased money

Formula 1's smaller teams are reportedly close to agreeing a deal which would see them rewarded with a larger slice of the prize money pot. Over the United States Grand Prix weekend, three teams came close to pulling out of the event in defiance over how the sport is run and how teams are rewarded financially. Lotus, Force India and Sauber decided at the last minute to race after CVC Capital Partners co-founder Donald MacKenzie promised to resolve the issue, with or without the support of Bernie Ecclestone. Ecclestone himself admitted he might be to blame for the problems and said the only way to resolve them would be for the larger teams, which receive 'historical bonus' payments...
Full Story »
11y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Fernandes blames 'big teams' for Caterham downfall

Former Caterham F1 Team owner Tony Fernandes has placed some of the blame...
11y ago from TheF1Times.com

F1 boss MacKenzie averted US boycott

A potential US Grand Prix boycott was averted by the intervention of the...
11y ago from BBC.co.uk

Smaller teams closing on revenue break, but big...

+ Formula 1’s smaller teams could be set for a ‘base payment’ to...
11y ago from RichlandF1.com

Big teams baulk at suggestion to sacrifice prize money

Sutton Images Enlarge Formula One's top teams are not willing to...
11y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Di Giannantonio reacts to him ‘trying to...

Fabio Di Giannantonio won the Catalan MotoGP Grand Prix, but was caught...
11m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Indianapolis 500 – Qualifying results

Late Sunday afternoon, the starting order for the 110th Indianapolis 500...
10h ago from MotorsportWeek.c...

Two drivers disqualified following Indy 500 qualifying

Following Sunday’s qualifying for the Indianapolis 500, two cars failed...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's an absolute Arsenal player' - Lee Dixon delivers...

Arsenal legend Lee Dixon has made his feelings clear about Manchester...
3h ago from SportsKeeda.com

A final home push towards the title

Morning all. A couple of weeks ago, with five games to go, Mikel Arteta...
3h ago from Arseblog.com

‘Energy, passion and optimism’: how Arteta created...

m removal of tunnel cover to turning off concourse TVs, title-chasing...
2h ago from TheGuardian.com

Insider confirms Arsenal have already laid groundwork...

Arsenal are reportedly making a serious move to sign Leicester City...
3h ago from CaughtOffside.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.