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 »
9y 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...
9y ago from GrandPrix247.com
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
9y 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...
9y ago from Pitpass.com
Liberty takes aim at Ferrari's $100m bonus
XPB Images
Formula One's new owners Liberty Media Group are...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
2h ago from MotorsportWeek.c...
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
3h ago from Motorsport.com
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
7h ago from Motorsport.com
What made Aprilia so dominant in Brazilian GP after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
2h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
2d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
6d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
3d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Without regulation, AI will threaten the very thing...
Technology has driven countless evolutions in football – and so much of...
3h ago from CaughtOffside.com
Paul Merson makes prediction about Arsenal facing...
Premier League legend Paul Merson has questioned whether Arsenal can beat...
4h ago from SportsKeeda.com
Pundit questions if Arsenal need £69 million-rated...
Former England star Chris Waddle has claimed that Newcastle United star...
4h ago from SportsKeeda.com
Paul Scholes names the one Arsenal star who 'might...
Paul Scholes believes Max Dowman could save Arsenal's season after their...
4h ago from SportsKeeda.com
Comments
Hottest News
Alpine F1 stake saga takes new twist as new bidder throws...
The coveted 24 per cent stake in the Alpine... Read More »
3h ago from MotorsportWeek.com
Audi F1 rift rumours continue amid ‘long...
Jonathan Wheatley had, days before his Audi F1... Read More »
1h ago from MotorsportWeek.com
Marko reveals Newey ‘not doing well’ at Aston Martin
Former Red Bull motorsport adviser Helmut Marko... Read More »
2h ago from F1i.com
