News Details
Lopez: Smaller teams to get base payment
– Lotus boss Gérard Lopez says the smaller teams in Formula 1 are to get a "base payment" to ensure their survival.The news comes after Lotus, Force India and Sauber threatened a boycott ahead of the United Sates Grand Prix, unhappy with the unequal distribution of the prize money.That threat followed the demise of minnows Caterham and Marussia, with both recently placed into administration."I think there is a way to solve this crisis, probably even to get to a proposal before Brazil, in which case I do not see the point in doing anything drastic," Lopez told reporters."I know CVC [Formula 1's owners] and Bernie [Ecclestone] have been looking at this. It is...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Lopez: Survival of small F1 teams requires a bit of...
Gerard Lopez seeks an amicable resolution to the cash crisis in F1
Formula...
11y ago from GrandPrix247.com
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
Smaller F1 teams to get ‘base payment’
Lotus team principal Gerard Lopez says smaller teams are set to receive a...
11y ago from Crash.net
F1 in talks over resolution to financial crisis
A deal to help safeguard the future of Formula 1’s smaller operations...
11y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: 'Aprilia feels like my bike now'
No description available...
41m ago from Motorsport.com
Joan Mir: I deserve to stay in Honda’s factory...
No description available...
2h ago from Motorsport.com
Alex Rins bemused by early Yamaha axe amid V4 engine...
No description available...
6h ago from Motorsport.com
Enea Bastianini frustrated by MotoGP safety inaction;...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
2d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
2d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Everything we know about the WRC’s newest constructor
No description available...
41m ago from Motorsport.com
New constructor set to join WRC top tier in 2027
No description available...
3h ago from Motorsport.com
How Rally Islas Canarias could crown another new WRC...
No description available...
1d ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal & Chelsea handed chance to sign serial...
Bernardo Silva has been linked with a move away from Manchester City at...
40m ago from CaughtOffside.com
Arsenal eyeing up summer move for 21-year-old defender...
Arsenal are reportedly considering signing 21-year-old Sporting CP...
51m ago from SportsKeeda.com
'I just want them to remind themselves where they are'...
Arsenal legend Patrick Vieira has urged the Gunners to remind themselves...
21m ago from SportsKeeda.com
Ian Wright insists Arsenal star should win PFA POTY...
Arsenal legend Ian Wright has backed Declan Rice to win the Ballon d'Or...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 teams oppose plans to let controversial race go ahead
Formula 1 teams are reportedly pushing back... Read More »
51m ago from GPFans.com
Don’t expect surprises: FIA’s Tombazis cools hype over...
As Formula 1 circus prepares to resume its season... Read More »
51m ago from F1i.com
Max Verstappen carries out crucial Red Bull experiment at...
Max Verstappen and Red Bull have returned to the... Read More »
1h ago from GPFans.com
