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 »
9y 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...
9y ago from Motorsport.com

F1 teams’ prize money revealed

Four Formula One teams earned more than $140 million in prize money in...
9y ago from ThisIsF1.com

REVEALED: F1 team's price money

The Prize Money for all teams who competed in the 2015 Formula 1 season...
9y ago from F1Hub.net

Bernie Ecclestone confirms talks with EU competitions...

Formula One Management chief executive Bernie Ecclestone has confirmed...
9y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

'I can only speak from experience' - When Lionel Messi...

Argentina legend Lionel Messi spoke about former Arsenal star Theo Walcott...
47m ago from SportsKeeda.com

'He makes everything tick' - Martin Keown believes...

Martin Keown has heaped praise on Arsenal midfielder Martin Zubimendi,...
1h ago from SportsKeeda.com

Report: Arsenal and Chelsea competing for 60-70m-rated...

Arsenal and Chelsea are interested in signing the AC Milan defender...
4h ago from CaughtOffside.com

Martin Keown names the Arsenal signing having the...

Arsenal legend Martin Keown believes the club have clearly pulled off a...
5h 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.