News Details

F1 teams must 'bide time' on prize money reform

Williams believes that the sport's independent teams must 'bide their time' until 2020 before they can expect a fairer distribution of Formula 1's commercial revenue. Despite its recent on-track success having helped Williams deliver a marginal profit in 2015, the team is well aware that F1 remains a financial challenge, and big-spending manufacturers are able to throw more money at being successful. The situation for independent teams like Williams is further not helped by a skewed prize money structure that ensures that bigger outfits like Ferrari and Mercedes gain more income simply because of their historical contribution. It is a system that has prompted complaints to the EU from...
Full Story »
8y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Independent F1 teams must "bide their time"...

Williams believes that the sport's independent teams must 'bide their...
8y ago from Motorsport.com

F1 teams’ prize money revealed

Four Formula One teams earned more than $140 million in prize money in...
8y ago from ThisIsF1.com

REVEALED: F1 team's price money

The Prize Money for all teams who competed in the 2015 Formula 1 season...
8y ago from F1Hub.net

Bernie Ecclestone confirms talks with EU competitions...

Formula One Management chief executive Bernie Ecclestone has confirmed...
8y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Will Marc Marquez capture his first MotoGP title since...

It seems only yesterday that MotoGP fans witnessed the conclusion of a...

Nicolo Bulega seals dominant Australian WorldSBK...

Aruba.It Ducati's Nicolo Bulega completed his dominant Australian...

Popular On IndyCarToday.com

Team Penske quickest in final IndyCar test day

The NTT IndyCar Series held its second and final preseason open test day...

IndyCar tire allocations, practice rules updated for...

IndyCar has announced multiple updates to rules regarding use of the...

Pato O’Ward fastest in first day of IndyCar...

The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...

Pit lane speed adjustments made for 2025 IndyCar season

The NTT IndyCar Series has announced a few changes for the upcoming 2025...

Popular On TotalWRC.com

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Elfyn Evans under pressure on Rally Sweden –...

Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...

Popular On GunnersToday.com

Report: La Liga star made available as Arsenal eye...

Arsenal are reportedly eyeing a potential move for Barcelona’s star...
1h ago from CaughtOffside.com

'Getting closer now' – Fabrizio Romano issues...

Arsenal lost against West Ham United at the Emirates Stadium on Saturday...
4h ago from CaughtOffside.com

Arsenal transfer news: Gunners 'to rival Liverpool'...

Arsenal are reportedly contemplating whether to rival Liverpool in the...
4h ago from SportsMole.co.uk

Premier League: 10 talking points from the weekend’s...

ners lose their heads while Mohamed Salah outperforms Kevin De Bruyne in...
5h ago from TheGuardian.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.