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 »
10y 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...
10y ago from GrandPrixTimes.com
Force India Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
10y ago from FormulaSpy.com
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y 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...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
16h ago from MotorsportWeek.c...
Why Marc Marquez stressed his Ducati is identical to...
No description available...
1d ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
2d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin looking to rebound after ‘lowest...
Scott McLaughlin is hopeful that he can quickly bounce back from his...
1d ago from MotorsportWeek.c...
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
3d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
21h ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
3d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal defender edges closer to summer exit;...
Oleksandr Zinchenko’s future at Arsenal is hanging in the balance, with...
41m ago from CaughtOffside.com
Arsenal eye up move for Serie A star as potential...
Arsenal have reportedly set sights on signing Juventus winger Kenan...
7h ago from SportsKeeda.com
Aston Villa make stance clear on rumoured Arsenal and...
Aston Villa could be in store for a tricky summer because of PSR issues,...
11h ago from CaughtOffside.com
‘It’s not as simple as that' - Jack Wilshere warns...
Former Arsenal midfielder Jack Wilshere reckons the Gunners need more than...
10h ago from SportsKeeda.com
Comments
Hottest News
Warwick suspended from his duties as a steward for the rest...
Formula Formula One driver Derek Warwick has been... Read More »
1h ago from F1Technical.net
F1 News Today: Verstappen acts fast as fiery debate...
Four-time F1 champion Max Verstappen's new... Read More »
41m ago from GPFans.com
F1: Canadian Grand Prix: Friday Free 2 - Times
Times from today's second free practice session... Read More »
8h ago from Pitpass.com
