News Details

Todt bemoans F1 money split

FIA president Jean Todt says F1 must make rules which cannot be influenced by budgets as he is powerless to affect the amount the teams receive in commercial revenue. F1's financial deals are struck between the teams and the commercial rights holder which is fronted by Bernie Ecclestone. Todt feels the current structure reduces the competitiveness of the grid, but feels powerless to change it. "The FIA has nothing to do with that. It is a link to the teams, the manufacturers and the commercial rights holder," he said. "Clearly it is a question if you give to the richest the most money and you give to the poorest the least money guess what happens? But I know exactly where I...
Full Story »
9y ago from SkySports.com 0
Share

You May Also Be Interested In...

Todt says no FIFA style money shenanigans in the FIA

FIA president Jean Todt has moved to distance Formula 1's governing body...
9y ago from GrandPrix247.com

Todt says holding 21 races a 'privilege'

– FIA President Jean Todt has dismissed concerns that this year's...
9y ago from GPUpdate.net

Todt says 21-race F1 season a 'privilege'

– FIA President Jean Todt has dismissed concerns that this year's...
9y ago from GPUpdate.net

Pirelli expects teams to split tyre strategies in 2016

Pirelli's Motorsport Director Paul Hembery believe some teams will take...
9y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez cruises to record-equalling MotoGP Jerez...

Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...

Popular On IndyCarToday.com

Alex Palou tops busy final Indy 500 test day

The NTT IndyCar Series wrapped up a two day test session on Thursday,...

Larson, Sato crash in high-boost Indy 500 test session

The second day of IndyCar’s Indy 500 open test opened with qualifying...

Popular On TotalWRC.com

Rovanperä rampages through Islas Canarias

With just the super special stage remaining on Saturday, Kalle Rovanperä...

Popular On GunnersToday.com

Arsenal icon Ian Wright explains why he ‘can’t...

Arsenal icon Ian Wright has said he can’t accept Eniola Aluko’s...
2h ago from SportsKeeda.com

Man United-linked Matheus Cunha addresses future after...

Wolverhampton Wanderers attacker Matheus Cunha expresses his happiness at...
5h ago from SportsMole.co.uk

“It’s got it written all over it” - Roy Keane...

Manchester United legend Roy Keane has predicted the two finalists as...
4h ago from SportsKeeda.com

“Off the pitch he’s so nice” - Jurrien Timber...

Arsenal defender Jurrien Timber has said that Myles Lewis-Skelly turns...
5h ago from SportsKeeda.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.