News Details
New F1 owner Liberty hints Ferrari to lose $100m bonus
New F1 owner Liberty hints Ferrari to lose $100m bonus F1's new owner Liberty Media has indicated it is serious about taking away the $100 million bonus received by Ferrari each year. Christian Sylt, an F1 business journalist, wrote in Forbes that the extra money received by the fabled Italian team on the basis of its status and history is double that given to Manor, which could collapse prior to the 2017 season. Liberty CEO Greg Maffei indicates the situation is set to stop. 'Thinking about balancing the team payments, so they're a little more balanced and creates more fairness, has to be weighed – in Ferrari's mind, I would expect – by the fact that creating a great platform...
Full Story »
Full Story »
8y ago from ThisIsF1.com
0
You May Also Be Interested In...
Liberty look to cut Ferrari's $100-million annual bonus
Formula 1's new owners Liberty Media are set to take on Ferrari by...
8y ago from GrandPrix247.com
Liberty could scrap Ferrari's $100m bonus
Formula 1's soon-to-be-owners Liberty Media have warned that Ferrari...
8y ago from PlanetF1.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
MotoGP manufacturer KTM set to be saved by major...
MotoGP manufacturer KTM is set to receive financial backing from Bajaj...
18h ago from MotorsportWeek.c...
MotoGP rookie Fermin Aldeguer targets 2027 factory...
No description available...
20h ago from Motorsport.com
MotoGP rookie Fremin Aldeguer targets 2027 factory...
No description available...
21h ago from Motorsport.com
Who is Albert Valera? The agent at the center of the...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske IndyCar leadership fired over Indy 500...
Team Penske announced on Wednesday morning that it has released three...
16h ago from MotorsportWeek.c...
Scott McLaughlin damages track and wall in heavy...
No description available...
16h ago from Motorsport.com
The Double: After 2024 failure, Kyle Larson hopes to...
No description available...
13h ago from Motorsport.com
Theo Pourchaire partners with Simon Pagenaud to...
Theo Pourchaire has begun working with Simon Pagenaud to help the young...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
2d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
3d ago from Motorsport.com
Sebastien Ogier laments “most demanding” rally...
No description available...
3d ago from Motorsport.com
Fourth WRC Hyundai car "still a chance" for...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool want £60m-rated 'exceptional' Arsenal...
Liverpool attacker Luis Diaz has been linked with a move away from the...
1h ago from CaughtOffside.com
William Saliba hamstring update + Rodrygo linked
Hello and welcome to my own little world. Let's start with news, or should...
1h ago from Arseblog.com
Arsenal and Liverpool want 35-G/A 'amazing...
Arsenal and Liverpool are among clubs keen on signing Julian Alvarez from...
2h ago from CaughtOffside.com
Revealed: Arsenal lead Chelsea in race to sign £50m...
Arsenal manager Mikel Arteta has held direct talks with Athletic Bilbao...
2h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner issues shock verdict on Norris-Piastri...
Red Bull Formula 1 boss Christian Horner has... Read More »
1h ago from GPFans.com
FIA confirm ANOTHER F1 Monaco Grand Prix change after...
The FIA have confirmed further tyre changes ahead... Read More »
1h ago from GPFans.com
Ferrari focusing on improving qualifying pace ahead of...
Ferrari team principal Fred Vasseur revealed that... Read More »
48m ago from GrandPrix247.com
