News Details

Small teams urge Ecclestone for help in leaked letter

A leaked letter addressed to Bernie Ecclestone from Force India deputy team principal Bob Fernley has urged the 83-year-old to help the smaller teams either financially or by forcing a budget cap. Ecclestone had informed the teams that he would raise the issue with CVC Capital Partners, but later decided that it would be a pointless exercise and instead asked the larger teams to give up a share of their prize money to help struggling outfits. That idea was rejected by the 'big five', therefore leaving Force India, Lotus and Sauber without a solution. In the letter, Fernley once again urges Ecclestone to find a way of distributing the sport's revenues more fairly. At present, the 'big five'...
Full Story »
10y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Force India's financial future is safe - Fernley

Force India's financial future isn't in jeopardy according to deputy team...
10y ago from TheF1Times.com

Fernley: F1's game plan has been exposed

Force India deputy team principal Bob Fernley says the game plan for F1 s...
10y ago from Crash.net

Force India will race on – Mallya

Force India will race on – MallyaPosted On 10 Nov 2014By :...
10y ago from ThisIsF1.com

Kaltenborn: F1 s agenda wants four or five names

Sauber team principal Monisha Kaltenborn says Formula One is heading for...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Why McLaren is suing reigning IndyCar champion for $20...

The court case centred on McLaren Racing and 2025 IndyCar Champion Alex...

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Popular On GunnersToday.com

“He laughed and said” - Jack Wilshere reveals what...

Former Arsenal midfielder Jack Wilshere has revealed that he reached out...
1h ago from SportsKeeda.com

Manchester United ready to offer 90 million for...

Manchester United are reportedly plotting a move to sign Chelsea and...
5h ago from SportsKeeda.com

Colombia hoping to convince Arsenal star to change...

Arsenal star Cristhian Mosquera is reportedly being poached by Colombia.
5h ago from SportsKeeda.com

“He has to be top” - Joleon Lescott names Arsenal...

Pundit Joleon Lescott has revealed what he believes Arsenal's Premier...
7h 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.