News Details

Liberty set to offer teams advance on payments after revenue drop

Liberty Media is set to offer Formula 1 teams an advance on payments in order to make up for a recent revenue shortfall, according to Red Bull chief Christian Horner. Sunday's Abu Dhabi Grand Prix marks the last race of Liberty's first full season running F1, having completed its $8.8 billion takeover in January. Investment from Liberty in areas such as infrastructure and marketing has resulted in a drop of revenue that was confirmed to investors earlier this month, leading to reduce pay-out to teams as a result. Related Articles LIVE: Abu Dhabi Grand Prix - FP3 Russell eager to keep working with Force India alongside F2 in 2018 Horner wants McLaren to reverse F1 veto on fin for 2018...
Full Story »
7y ago from Crash.net 0
Share

You May Also Be Interested In...

Liberty Media offer cash advances to cushion blow to...

Commercial rights holder Liberty Media has offered Formula 1 teams cash...
7y ago from GrandPrix247.com

As revenues fall, Liberty offers teams interest-free...

As previously reported, in the nine months to September, the prize money...
7y ago from Pitpass.com

Analysis: Why F1's $43 million prize money drop has...

As their prize money income takes a major hit for the first time in recent...
7y ago from Motorsport.com

Horner wants McLaren to reverse F1 veto on fin for 2018

Red Bull team principal Christian Horner is eager to persuade McLaren to...
7y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi details the key difference between...

Marco Bezzecchi took his third MotoGP win of 2025 in Valencia and...

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Popular On GunnersToday.com

“I used to come to the old one and win a lot” -...

Arsenal legend Thierry Henry has revealed his prediction for this...
2h ago from SportsKeeda.com

After missing 7 consecutive matches for Arsenal due to...

Arsenal skipper Martin Odegaard has provided an update on his fitness...
3h ago from SportsKeeda.com

Arsecast Extra Episode 667 – 17.11.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
5h ago from Arseblog.com

Liverpool, Arsenal & Man United set to be offered...

Borussia Dortmund striker Serhou Guirassy could be on the move once again,...
8h ago from CaughtOffside.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.