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
LCR boss reveals Honda is ‘more determined than...
LCR team owner Lucio Cecchinello has revealed that Honda is "more...
1h ago from MotorsportWeek.c...
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
6d ago from MotorsportWeek.c...
Yamaha officially begins testing of V4 MotoGP engine
Yamaha technical director Max Bartolini has confirmed the MotoGP factory...
2d ago from MotorsportWeek.c...
Injured MotoGP champion Jorge Martin released from...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren unveils new themed liveries for Indy 500
Arrow McLaren has unveiled a trio of special liveries for the upcoming...
19h ago from MotorsportWeek.c...
Arrow McLaren steps outside of the all-Papaya livery...
No description available...
20h ago from Motorsport.com
IndyCar sees 50% viewership drop on FOX after going...
No description available...
1w ago from Motorsport.com
IndyCar outlines replacement driver rules for Indy 500
The NTT IndyCar Series has released updated guidelines that will be...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
Premier League Team of the Week: Martin Odegaard,...
Sports Mole selects its Premier League Team of the Week for gameweek 33 of...
3h ago from SportsMole.co.uk
“We don’t know what the future holds” - Georgios...
Former Greece international Georgios Karagounis has urged Cristiano...
2h ago from SportsKeeda.com
'He’s proving himself that he is good enough to be...
Arsenal legend Ian Wright has praised Arsenal defender Jakub Kiwior for...
36m ago from SportsKeeda.com
Arsenal legend Jack Wilshere gets Championship chance...
Norwich City announce that they have parted company with head coach...
3h ago from SportsMole.co.uk
Comments
Hottest News
Aston Martin calls crisis meeting as Fernando Alonso fears...
Aston Martin has held crisis talks over a dismal... Read More »
2h ago from MotorsportWeek.com
McLaren star casts angry figure after controversial Saudi...
McLaren F1 Academy star Ella Lloyd projected an... Read More »
4h ago from GPFans.com
Hamilton: This is how it’s going to be for the rest of...
Lewis Hamilton delivered a pessimistic forecast... Read More »
1h ago from GrandPrix247.com
