News Details
Team to receive advance on prize money
It is understood that a number of teams are to be advanced their prize money in order to overcome cash-flow problems. Unsurprisingly, it is the three teams, Force India, Lotus and Sauber, who were most vocal about the chasm between the sport's haves and have-nots at the end of 2014. As Caterham and Marussia appeared to be in their death throes, the three teams warned they too were far from safe and amidst calls for changes to the sport including the allocation of prize money and limiting spending, there was talk (subsequently denied) of one of more teams boycotting events in protest. Now, with the season opener just two weeks away, at a meeting with Bernie Ecclestone last week, the F1...
Full Story »
Full Story »
10y ago from Pitpass.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
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
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y ago from ThisIsF1.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
Elsewhere On The Network
Popular On MGPToday.com
Pirelli to hold first MotoGP test in Misano with test...
No description available...
16h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
18h ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
4d ago from Motorsport.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
14h ago from MotorsportWeek.c...
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
18h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
3d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal dealt further blow amid 'frustrations'...
Arsenal reportedly look to have been dealt a further blow in their...
23m ago from CaughtOffside.com
Lack of noise, no lack of action & two months is...
As much as I hate to be the bearer of bad news, Andrew actually isn't back...
33m ago from Arseblog.com
Report: Arsenal give firm response after Euro giants...
Arsenal reportedly received an enquiry recently from AC Milan over the...
1h ago from CaughtOffside.com
19-year-old star ready to join Liverpool despite...
Ajax star Jorrel Hato is open to a move to Premier League champions...
10h ago from SportsKeeda.com
Comments
Hottest News
Adjusted 2025 Le Mans 24 Hours results after...
Check out the adjusted results from the 2025 Le... Read More »
1h ago from RacingNews365.com
F1 News Today: Mercedes star hit by late FIA ruling as...
A Mercedes F1 star was one of seven drivers to be... Read More »
2h ago from GPFans.com
Max Verstappen makes simple Red Bull demand to combat...
Max Verstappen feels one off weekend for McLaren... Read More »
2h ago from RacingNews365.com