News Details
Ecclestone admits EUR 15m plan B for small teams
Bernie Ecclestone has admitted he devised a contingency plan for F1's most struggling teams. Earlier, amid Marussia and Caterham's decline and the similar financial issues of even bigger teams, it was reported that the F1 supremo was working on a 'plan B'. It would involve a kind of 'division two' on the grid, reportedly with smaller teams no longer building their own cars, but leasing a two-year-old Red Bull chassis powered by Mecachrome V8 engines at a cost of just EUR 15 million per year. But the reports a month ago said the proposal was rejected by top teams Ferrari, Mercedes and McLaren. Ecclestone confirmed: "Some of the other teams are saying 'Well, this isn't formula one, this...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
Ecclestone promises financial help for F1's small teams
Getty Images Enlarge Bernie Ecclestone has promised support for Formula...
10y ago from espnF1.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
Ecclestone still pushing low-cost package
'Second tier' teams or so-called GP1 is still on Ecclestone's mind. Bernie...
10y ago from Motorsport.com
Ecclestone still pushing customer teams plan
Getty Images Enlarge F1 chief Bernie Ecclestone wants to create a two...
10y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Manu González to make MotoGP debut with Aprilia...
No description available...
14h ago from Motorsport.com
Marc Marquez explains how he stopped taking “too...
No description available...
15h ago from Motorsport.com
Fabio Quartararo laments “unrideable” Yamaha bike...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
2d ago from MotorsportWeek.c...
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
5d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
5d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
11h ago from Motorsport.com
Ogier in charge on WRC Italia Sardegna
Sébastien Ogier stretched his Rally Italia Sardegna lead on Saturday...
11h ago from MotorsportWeek.c...
Sebastien Ogier survives brutal Sardinia Saturday with...
No description available...
15h ago from Motorsport.com
Sebastien Ogier leads Rally Sardinia as Adrien...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal, Man United & Chelsea to battle...
Premier League clubs are stepping up their efforts to sign up FC Porto's...
1h ago from CaughtOffside.com
Chelsea's 65 million target open to joining Arsenal -...
Spain forward Nico Williams is reportedly open to a move to Arsenal this...
13h ago from SportsKeeda.com
Deal in process: Ornstein confirms player has agreed...
Chelsea goalkeeper Kepa Arrizabalaga is now closing in on a move to...
16h ago from CaughtOffside.com
Arsenal approach RB Leipzig over Sesko signing
Sky Germany are reporting Arsenal have formally approached RB Leipzig over...
15h ago from SkySports.com
Comments
Hottest News
Ex-F1 driver urges Ferrari to back Lewis Hamilton or risk...
Former F1 driver Juan Pablo Montoya has called... Read More »
46m ago from MotorsportWeek.com
Formula 1 now a $2B sponsorship powerhouse, trails only NFL
Formula 1’s transformation from a... Read More »
46m ago from F1i.com
Lewis Hamilton pinpoints major Ferrari difference to...
Lewis Hamilton is taking time to adjust to... Read More »
2h ago from RacingNews365.com