News Details
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash flow crisis, Bernie Ecclestone has reportedly responded in an effort to prevent a crisis ahead of the season opener in Australia. We reported on Sunday that, not including Manor's quest to return in 2015, multiple other teams are scrambling to find the money simply to line up on the Melbourne grid next weekend. 'The months of November, December and January are the worst,' said Lotus owner Gerard Lopez, 'as during this phase of design and production you spend 43 per cent of your budget with nothing coming in from the outside.' We reported that F1 supremo Ecclestone duly met late last week not only with Lopez but also...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y ago from ThisIsF1.com
Cash-flow crisis puts teams at risk for Melbourne
Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
10y ago from Motorsport.com
F1 Teams: Bernie we have cash flow problems
Two weeks before the 2015 Formula 1 world championship season begins, the...
10y ago from GrandPrix247.com
Teams warn Ecclestone of cash flow crisis
Two weeks before the 2015 season begins, the shape of the grid remains...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Raul Fernandez: “I don’t race for money – I race...
No description available...
2h ago from Motorsport.com
Kevin Schwantz: ‘Nothing but gains to be had'...
1993 500cc champion Kevin Schwantz believes the potential Liberty Media...
1d ago from MotorsportWeek.c...
Jorge Martin pushing for early Aprilia exit;...
No description available...
4d ago from Motorsport.com
Why Martin-vs-Aprilia conflict will have no easy...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Grandstand sellout announced for Indy 500
NTT IndyCar Leadership announced on Friday morning that grandstand...
1h ago from MotorsportWeek.c...
Josef Newgarden on top in Indy 500 practice as...
The third Indy 500 practice day was completed on Thursday, with all 34...
18h ago from MotorsportWeek.c...
50-year-old Tony Kanaan passes Indy 500 veteran test:...
No description available...
16h ago from Motorsport.com
Josef Newgarden explains how hybrid engines will...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
Sudden failure forces Fourmaux out of Rally Portugal...
No description available...
1h ago from Motorsport.com
Hyundai offers update on its WRC future dilemma
No description available...
22h ago from Motorsport.com
Martins Sesks working on expansion to 2025 WRC...
No description available...
4d ago from Motorsport.com
Sebastien Ogier throws support behind possible Carlos...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Premier League GW37 predictions: Arsenal to win...
Sports Mole takes on singer-songwriter Harry Lyon for a Premier League...
2h ago from SportsMole.co.uk
Arsenal vs. Newcastle United: Head-to-head record and...
Sports Mole looks at the head-to-head record and previous meetings between...
3h ago from SportsMole.co.uk
Arsenal 'facing transfer hijack' as Real Madrid...
Real Madrid have reportedly not given up hope of signing Real Sociedad...
2h ago from SportsMole.co.uk
Mikel Arteta gives triple Arsenal injury update before...
Mikel Arteta provides updates on Kai Havertz, Declan Rice and Leandro...
3h ago from SportsMole.co.uk
Comments
Hottest News
LIVE: 2025 F1 Emilia Romagna Grand Prix - Free Practice 1
Follow along with all the live action for the... Read More »
6h ago from RacingNews365.com
Emilia Romagna GP: Ferrari make alleged tyre infringement...
No description available... Read More »
2h ago from SkySports.com
George Russell reveals Lewis Hamilton got mad over hummus
George Russell has revealed the quirky detail... Read More »
51m ago from Formula1News.co.uk
