News Details
Liberty look to cut Ferrari's $100-million annual bonus
Formula 1's new owners Liberty Media are set to take on Ferrari by cutting the $100 million bonus received by the sport's most famous team, while smaller teams get a much smaller slice of the billion dollar pie and struggle to survive. Ferrari has competed in the Formula 1 championship since it's inception in 1950 and in return it gets the biggest chunk of appearance money for simply turning up at a grand prix, thanks to a carefully negotiated accord under the auspices of the Concorde Agreement. Liberty are seriously considering redistributing the wealth that abounds in the F1 paddock, with Ferrari top of the big teams who will be affected by the plan. But the American media company...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing...
8y ago from GrandPrix247.com
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
8y ago from GrandPrix247.com
Liberty considers cutting Ferrari's £80m bonus
This week Liberty Media's shareholders voted to take over F1 in a move...
8y ago from Pitpass.com
Liberty takes aim at Ferrari's $100m bonus
XPB Images
Formula One's new owners Liberty Media Group are...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
10h ago from Motorsport.com
Pedro Acosta owns up to qualifying “mess”, admits...
No description available...
9h ago from Motorsport.com
How Marc Marquez could seal the MotoGP world title at...
No description available...
11h ago from Motorsport.com
Marc Márquez seals seventh straight MotoGP...
t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
11h ago from TheGuardian.com
Popular On IndyCarToday.com
Alexander Rossi thrilled for ECR’s Milwaukee success...
No description available...
2h ago from Motorsport.com
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
5h ago from MotorsportWeek.c...
Christian Rasmussen steals maiden IndyCar win after...
No description available...
4h ago from Motorsport.com
Christian Rasmussen storms to maiden IndyCar victory...
The penultimate round of the 2025 IndyCar season took place on Sunday,...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
3d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Relief for Arsenal with Bukayo Saka’s injury not as...
t;li>Forward hobbled off after scoring against LeedsØdegaard also...
7h ago from TheGuardian.com
Arsenal receive crucial update about Martin Odegaard...
Arsenal cruised past Leeds United on Saturday beating the newly promoted...
8h ago from CaughtOffside.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
2d ago from CaughtOffside.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
16h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton ‘named’ Lily Verstappen’s...
It's interesting, isn't it, living in a time when... Read More »
5h ago from GPFans.com
MotoGP: Marquez reveals how warm-up session helped him win...
Having extended his winning streak to seven,... Read More »
1h ago from F1Technical.net
Yuki Tsunoda linked with shock F1 switch to Red Bull rivals
Yuki Tsunoda could be on the move after being... Read More »
9h ago from GPFans.com
