News Details
Teams receive last of their 2013 prize money
Amidst talk of a cash advance to F1's struggling teams it has been revealed that the last of the 2013 prize money was only paid last week. F1 company documents reveal that “payments of the prize fund are made on the last business day in every month of the world championship season (March to November), with the final payment in respect of each year being made on the last business day of the following February.” With the start of the 2015 season just over a week away, this means that the teams received their final payment last Friday. In 2013 the prize fund totalled £518m and the final instalment is usually around 10 per cent, meaning that last week's pay out came to around...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Ecclestone set to bring prize money release forward
Formula One supremo Bernie Ecclestone is set to bring forward a scheduled...
9y ago from Motorsport.com
Team to receive advance on prize money
It is understood that a number of teams are to be advanced their prize...
9y ago from Pitpass.com
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
Elsewhere On The Network
Popular On MGPToday.com
Marquez: It's “dangerous” to think Ducati will...
No description available...
1h ago from Motorsport.com
How Marquez's signing elevates Ducati's presence in...
No description available...
23h ago from Motorsport.com
The parallel challenges facing Ferrari and Ducati in...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
4d ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
3d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
4d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
13h ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
21h ago from Motorsport.com
Ogier hopeful historic 10th win is not his last Monte...
No description available...
17h ago from Motorsport.com
WRC Monte Carlo: Final stage showdown set as Ogier...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Football transfer rumours: Nkunku to Manchester...
ay’s fluff is resigned to the three-peat
56m ago from TheGuardian.com
'Dream target' for Arsenal named by Fabrizio Romano as...
Arsenal are reportedly continuing to work hard on signings in attack, with...
46m ago from CaughtOffside.com
Battle on: Arsenal & Tottenham both ready to...
Both Arsenal and Tottenham are reportedly ready to go head-to-head in a...
16m ago from CaughtOffside.com
Report: West Ham have edge over Arsenal in the race to...
Both West Ham United and Arsenal are looking to sign a striker in the...
26m ago from CaughtOffside.com
Comments
Hottest News
Newey warns: 2026 F1 could be an ‘engine formula’
Legendary F1 designer Adrian Newey has expressed... Read More »
36m ago from F1i.com
Axed F1 star gets new drive as STUNNING images emerge
An axed Formula 1 star’s new drive has been... Read More »
36m ago from GPFans.com
Red Bull F1 star issues MAJOR career update
A Red Bull star has issued a major career update... Read More »
1h ago from GPFans.com
