News Details

Brawn moves to allay teams' money fears

While it is the proposals for the 2021 engine formula, and the desire to implement a budget cap that is grabbing the headlines, it is the Commercial Rights Holder's (yet to be announced) plans for prize money distribution that will really rock the boat. Since taking control of F1, Liberty Media has made no secret of its determination to level the playing field by means of restricting team's ability to spend and redistributing the prize pot. 'Right now there are teams that spend amounts that don't realistically make sense,' Chase Carey told investors last week. 'Realistically, the spending doesn't improve the value for fans'. Laying out his vision for the future, he said: 'Among our key...
Full Story »
8y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Brawn ‘shocked' by response to engine proposal

Ross Brawn was 'a little bit shocked' by the response Liberty Media...
8y ago from PlanetF1.com

Brawn 'a little shocked' by teams' response to 2021...

Formula 1's sporting manager Ross Brawn says he was surprised by several...
8y ago from F1i.com

Liberty promises to address 2021 engine concerns

Ross Brawn says Formula 1 chiefs are ready to address manufacturers'...
8y ago from Motorsport.com

 Hamilton: Ross Brawn convinced me to join Mercedes

For many years it was believed that Niki Lauda was the key figure in...
8y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Euro giants target move for summer signing...

Ajax have launched a major winter operation to add leadership, experience,...
1h ago from CaughtOffside.com

Change it around for FC Kairat + Arteta's press...

Morning. We play our final league stage game of the Champions League this...
1h ago from Arseblog.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
10h ago from CaughtOffside.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
13h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.