News Details

Horner: Crowd-funding should be banned

Getty Images Enlarge Christian Horner has criticised Caterham's crowd-funding plan, saying fans should not be expected to bail a team out of difficulty. Shortly after it emerged rivals Marussia had ceased trading on Friday, Caterham's administrators announced plans to raise £2.5m through pledges by November 14 to make the finale at Abu Dhabi. The team had already surpassed 20% of its target on Saturday morning but Red Bull boss Horner does not support the policy. "It's very difficult; certainly I don't agree with fans having to fund a team," Horner told Sky about Caterham's situation. "The fans pay to be entertained by the teams, they shouldn't have to pay for a team. The...
Full Story »
11y ago from espnF1.com 0
Share

You May Also Be Interested In...

Horner slams crowdfunding

Red Bull chief Christian Horner has criticised the attempts of Caterham's...
11y ago from SkySports.com

Caterham turns to crowd-funding to race in Abu Dhabi

Sutton Images Enlarge Administrators for the Caterham F1 team have...
11y ago from espnF1.com

Desperate Caterham F1 team seeks funds from fans

Administrators of the Caterham Formula One team announced a crowd funding...
11y ago from GrandPrix247.com

Caterham launches crowd funding project

The Caterham F1 Team is launching the #RefuelCaterhamF1 project today in...
11y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Jack Miller: Yamaha are ‘busting their arses' on...

Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...
12m ago from MotorsportWeek.c...

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal contact club over signing wonderkid...

Arsenal have reportedly been in contact with Brazilian club Corinthians to...
1h ago from CaughtOffside.com

Arteta to change Arsenal star's position to...

Arsenal manager Mikel Arteta could reportedly change Myles Lewis-Skelly's...
1h ago from CaughtOffside.com

Deal blocked: Arsenal won't sell star this January...

Arsenal are reportedly not prepared to sell defender Ben White in this...
2h ago from CaughtOffside.com

Comments

Hottest News

F1 team principal signing proves drastic change is possible

Vowles? Vowels? Voles? Call him what you want,... Read More »
52m ago from GPFans.com

Denny 'the Bear' roars for the final time

Harking back once again to the days when Formula... Read More »
2h ago from F1i.com

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.