News Details

New financial blow for Ferrari

Unhappy with the engine regulations for 2021, especially moves to create more standard parts, Ferrari president Sergio Marchionne has already warned that his team will need to re-think its future. That's before Liberty Media announces its plans to share the prize pot more evenly and scrap the kind of historic bonus that has seen the Italian team walk away with significantly more prize money than the world champions. Now comes news that Spanish bank Santander is unlikely to renew its partnership with the Italian team which began in 2010 when Fernando Alonso went to Maranello. At that time, the bank was run by Emilio Botin, a keen fan of F1 and particularly his countryman, Alonso. Even when...
Full Story »
7y ago from Pitpass.com 0
Share

You May Also Be Interested In...

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

Guenther Steiner reckons 'frail' Renault could aid...

Haas Team Principal Guenther Steiner says the “frail” nature...
7y ago from MotorsportWeek.com

Teams get advance payment from Liberty after revenue...

Formula 1's owners will provide teams with an advance on their prize...
7y ago from F1i.com

Financial backing key to Illien's involvement in F1

Ilmor co-founder engine guru Mario Illien says his company would require...
7y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Nicolo Bulega: Cremona ‘maybe the best weekend’ in...

Nicolo Bulega says “it’s incredible” to complete the Cremona...

Alvaro Bautista comments on Toprak Razgatlioglu's 2026...

Two-time WorldSBK champion Alvaro Bautista shared what he would do if he...

Popular On IndyCarToday.com

Christian Lundgaard ‘could not have dreamed’ of...

Christian Lundgaard has logged a sensational trio of races, and has...

IndyCar Barber – Race Results

Sunday at Barber Motorsports Park was pure racing affair, with 27 drivers...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Toyota Gazoo Racing's silver lining

Toyota Gazoo Racing has a silver lining, literally. Not content with a...

Popular On GunnersToday.com

Arsenal transfer news: Gunners 'make enquiry' for...

Arsenal reportedly enquire about the availability of a Real Madrid star...
57m ago from SportsMole.co.uk

Arsenal given Eberechi Eze transfer green light as...

Crystal Palace's Eberechi Eze is 'tailor-made' for Arsenal and should...
3h ago from SportsMole.co.uk

Arsenal identify Portuguese-based star as replacements...

Arsenal are reportedly monitoring Sporting CP's central defender Ousmane...
1h ago from SportsKeeda.com

Man United transfer news: Red Devils 'join race' to...

Manchester United are reportedly set to join the race to sign one of...
3h ago from SportsMole.co.uk

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.