News Details
Ecclestone set to bring prize money release forward
Formula One supremo Bernie Ecclestone is set to bring forward a scheduled release of $30 million in prize money to help troubled teams, according to media reports. Multiple teams are scrambling to find the money simply to line up on the Melbourne grid next week, as the sport's heads continue to fail to agree on a plan to reduce costs. According to reports, Ecclestone has responded by vowing to bring forward the prize money owed to teams. The Times newspaper said the fast-forwarded payments - to be wired to the troubled teams in the coming days - should ensure they are able to "board the transport planes due to leave for Melbourne next weekend". "Bernie has promised support...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Ecclestone to assist small teams with advance payment
Bernie Ecclestone has reportedly agreed to assist the financially...
9y ago from GrandPrixTimes.com
Force India Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
9y ago from FormulaSpy.com
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
9y ago from ThisIsF1.com
F1 rejects 'semi-constructor' cost-saving proposal
A proposal to cut costs by changing the rules to allow for pooling of...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin suffers fractures in test crash to cast...
t;li>Aprilia rider hit the track face first as his helmet...
51m ago from TheGuardian.com
MotoGP champion Martin out of Sepang test after...
No description available...
1h ago from Motorsport.com
Quartararo fastest on first day of Sepang MotoGP test,...
No description available...
2h ago from Motorsport.com
Martin taken to hospital after horror crash in Sepang...
No description available...
7h ago from Motorsport.com
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
Arsenal were offered 2x Champions League winner but...
Arsenal were reportedly offered the signing of Spanish striker Alvaro...
1h ago from CaughtOffside.com
Newcastle vs. Arsenal: Why Mikel Arteta's 'underdogs'...
Arsenal expert Charles Watts gives his take on whether the Gunners are...
2h ago from SportsMole.co.uk
Tottenham Hotspur beat rivals Arsenal, Man City to...
Tottenham Hotspur announce the capture of Mason Melia from League of...
3h 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...
5h ago from Arseblog.com
Comments
Hottest News
Newey gets Aston Martin BOOST as team announce new signing
Adrian Newey and Aston Martin have been handed a... Read More »
3h ago from GPFans.com
Kimi Antonelli reveals ambitious mindset heading into his...
Andrea Kimi Antonelli has expressed that his... Read More »
1h ago from MotorsportWeek.com
F1 News Today: Ferrari announce F1 driver RETURN as...
Ferrari have announced a change in their driver... Read More »
2h ago from GPFans.com