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 »
10y ago from GrandPrix.com 0
Share

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

Popular On IndyCarToday.com

IndyCar Iowa – Race 2 Results

The second race of IndyCar’s double-header took place on Sunday...

Palou returns to the top with Iowa Speedway victory

The second IndyCar race in as many days took place at Iowa Speedway on...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal agree 63.5m Viktor Gyökeres deal with...

t;li>Total cost of deal likely to be close to 80mMadueke close to...
8h ago from TheGuardian.com

Fabrizio Romano: Arsenal set to sign 70m striker + a...

Arsenal are closing in on a blockbuster double swoop, with transfer guru...
10h ago from FreshArsenal.com

Arsenal take step closer to signing £68m Premier...

Arsenal are making moves in the summer transfer window, and with deals for...
9h ago from CaughtOffside.com

Arsenal close to completing long-awaited transfer...

Arsenal have long desired the signing of a prolific striker, and in the...
11h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.