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 »
9y 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...
9y 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...
9y ago from Motorsport.com
F1 Teams: Bernie we have cash flow problems
Two weeks before the 2015 Formula 1 world championship season begins, the...
9y ago from GrandPrix247.com
Teams warn Ecclestone of cash flow crisis
Two weeks before the 2015 season begins, the shape of the grid remains...
9y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo fastest on first day of Sepang MotoGP test,...
No description available...
1h ago from Motorsport.com
MotoGP champion Martin out of Sepang test after...
No description available...
48m ago from Motorsport.com
Martin taken to hospital after horror crash in Sepang...
No description available...
6h ago from Motorsport.com
Fabio Quartararo wants Yamaha MotoGP to ‘reach...
Fabio Quartararo has high ambitions for himself and Yamaha ahead of the...
28m ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
4d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
6d ago from Motorsport.com
Team Penske's Tim Cindric steps back from his...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
6d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Newcastle vs. Arsenal: Why Mikel Arteta's 'underdogs'...
Arsenal expert Charles Watts gives his take on whether the Gunners are...
58m ago from SportsMole.co.uk
Exclusive: Arsenal boss Arteta 'would love to sign'...
Arsenal manager Mikel Arteta would apparently love to sign Athletic Bilbao...
4h ago from CaughtOffside.com
Tottenham Hotspur beat rivals Arsenal, Man City to...
Tottenham Hotspur announce the capture of Mason Melia from League of...
2h ago from SportsMole.co.uk
One more push as Arsenal seek a Wembley showdown
Right, one more push. After a gruelling January schedule, February started...
4h ago from Arseblog.com
Comments
Hottest News
F1 News Today: Ferrari announce F1 driver RETURN as...
Ferrari have announced a change in their driver... Read More »
58m ago from GPFans.com
Montoya's bold claim: 'Nobody will beat' Hamilton in a fast...
Ferrari fans, brace yourselves—because Juan... Read More »
58m ago from F1i.com
Newey gets Aston Martin BOOST as team announce new signing
Adrian Newey and Aston Martin have been handed a... Read More »
2h ago from GPFans.com
