News Details

Ecclestone ends cash flow crisis for small teams

Amid alarming claims multiple teams are gripped by a 'cash flow crisis', Bernie Ecclestone has reportedly responded. 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 representatives of the similarly-struggling Force India and Sauber...
Full Story »
10y ago from GrandPrix.com 0
Share

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

Ecclestone responds to avert F1 teams cash flow crisis

Amid alarming claims that multiple Formula 1 teams are gripped by a cash...
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

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

Elsewhere On The Network

Popular On MGPToday.com

Alex Rins ‘not feeling pain' from horrific 2023...

Yamaha rider Alex Rins revealed that he's "not feeling pain"...
26m ago from MotorsportWeek.c...

Aprilia releases first statement regarding Jorge...

Aprilia has issued its first official statement on Jorge Martin amid...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

‘A shock and a pity:’ Penske drivers respond to...

The past five days have been adventurous for all the wrong reasons for...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Premier League: 10 things to look out for on the final...

lsea braced for City Ground cauldron, Rodri back on the scene and party...
36m ago from TheGuardian.com

Arne Slot responds to Mikel Arteta saying Liverpool...

Liverpool manager Arne Slot has responded to his Arsenal counterpart Mikel...
36m ago from SportsKeeda.com

Exclusive: Premier League club could be forced to sell...

As the summer transfer window approaches, several Premier League giants,...
3h ago from CaughtOffside.com

“I gave him 15 compliments during that...

Liverpool manager Arne Slot has opened up on a conversation with Mohamed...
2h ago from SportsKeeda.com

Comments

Hottest News

F1 News Today: McLaren confirm change on BOTH cars as FIA...

As the Monaco Grand Prix approaches, McLaren have... Read More »
4h ago from GPFans.com

F1: Max misses movie

Max Verstappen reveals that he had to advise... Read More »
56m ago from Pitpass.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.