News Details
Manor collapse is F1 reality check for Liberty Media
Formula One reported total revenue of $1.7 billion in 2015, and gross profit of $557 million, but the money-spinning sport was unable to prevent the Manor team from going to the wall on Friday. Seeing the starting grid reduced to 20 cars, two months before the season's opening race in Australia, is likely to stiffen the resolve of the sport's new owners Liberty Media to change the system and help smaller teams survive. Both chief executive Chase Carey, who was appointed on Monday, and F1 veteran Ross Brawn, in charge of the motorsport side, have made their views clear already. 'I think there’s a recognition that for a sport to be healthy it needs to have a fair competitive balance,'...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Manor failure is more fuel for new owners
Formula One reported total revenue of $1.7 billion in 2015, and gross...
8y ago from SuperSport.com
Manor F1 shuts down - no buyer shows up
XPB Images
Sadly, the writing was on the wall, but the Manor...
8y ago from F1i.com
Plenty talk but no action as time running out for Manor
Administrators for the Manor Formula One team say talks with interested...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
How the Indonesian GP stirred memories of Suzuki...
No description available...
16h ago from Motorsport.com
Injured Marc Marquez set to travel to Madrid after...
One week after securing his seventh MotoGP title, Marc Marquez will fly...
2d ago from MotorsportWeek.c...
Why Pedro Acosta thinks he is "maturing" as...
No description available...
21h ago from Motorsport.com
Marc Marquez to miss Australia, Malaysia MotoGP races...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Lochie Hughes secures IndyCar reserve role with...
Andretti Global has announced a continued partnership with Lochie Hughes...
15h ago from MotorsportWeek.c...
IMSA’s AO Racing considering expansion, possibly...
AO Racing, one of the more popular teams racing in IMSA currently, is...
3d ago from MotorsportWeek.c...
Five IndyCar teams jump start offseason testing at...
Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
6d ago from MotorsportWeek.c...
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
1w ago from MotorsportWeek.c...
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
David Raya has earned a pay rise
Morning. It's an Interlull Wednesday, perhaps the most Interlully of all...
1h ago from Arseblog.com
Report: Liverpool closely monitoring 20-year-old...
Juventus attacker Kenan Yildiz has attracted interest from clubs like...
9h ago from CaughtOffside.com
Paul Scholes claims 'brilliant' rival player is...
Manchester United legend Paul Scholes has revealed that Newcastle United...
10h ago from CaughtOffside.com
“They don’t understand football' - National team...
Sweden head coach Jon Dahl Tomasson has slammed critics of Arsenal striker...
17h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner reunion with Jos Verstappen raised as F1...
Ex-Red Bull boss Christian Horner has been tipped... Read More »
58m ago from GPFans.com
Porsche complete McLaren swoop as fresh Formula E identity...
Porsche has a new partner and a new team name for... Read More »
58m ago from RacingNews365.com
Doohan to ditch Alpine for Haas?
Jack Doohan’s Formula 1 interrupted Formula 1... Read More »
48m ago from GrandPrix247.com
