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 »
9y 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...
9y ago from SuperSport.com
Manor F1 shuts down - no buyer shows up
XPB Images
Sadly, the writing was on the wall, but the Manor...
9y 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...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
1h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
5h ago from Motorsport.com
Pedro Acosta rates Sepang MotoGP test “six out of...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren officially opens doors to new home in...
No description available...
18h ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
1h ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
22h ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
3d ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
Has the Premier League's TV Deal Made Mid-Table Clubs...
The Premier League’s 2025-29 deal was worth £6.7 billion. Have the vast...
19m ago from CaughtOffside.com
Arsenal vs Sunderland preview: Timber available but...
No description available...
1h ago from SkySports.com
'6-7 it's what my kids show me!' | Arteta jokes as he...
Sky Sports' Gary Cotterill questions Arsenal manager Mikel Arteta on ten...
1h ago from SkySports.com
Arsenal latest: Arteta to speak ahead of Sunderland...
No description available...
2h ago from SkySports.com
Comments
Hottest News
F1: Engine row reaching crisis point?
Before a wheel has turned in anger, the start of... Read More »
39m ago from Pitpass.com
F1 champion reacts to incredibly rare video - 'Where did...
An incredibly rare video from 1996 has gone viral... Read More »
2h ago from GPFans.com
Mercedes rivals pushing to change engine compression...
Mercedes' 2026 Formula 1 power unit has been the... Read More »
1h ago from GrandPrix247.com
