News Details
Horner accepts less prize money for a better future
Red Bull's Christian Horner believes Liberty Media's investment spree will initially set the teams back financially, but it will also prepare the sport for a prosperous future. Teams will see their prize money revenue fall this year as a direct result of increased spending by The Formula One Group as the sport's owners invest in its future. While several teams have voiced their concern, Horner isn't worried, insisting the investment plan is a necessity and akin to taking one step back today in order to move two steps forward tomorrow. "You have to invest in the business to accumulate and I think Liberty has had a big learning year," says the Red Bull boss. "They have done a...
Full Story »
Full Story »
You May Also Be Interested In...
F1 teams may face two years of falling prize money -...
Red Bull boss Christian Horner believes that teams may have to go through...
7y ago from Motorsport.com
Red Bull’s Horner supports Liberty Media
Christian Horner says he supports F1's new owners Liberty Media. Top teams...
7y ago from ThisIsF1.com
Haas seeks for ‘ground rules’ from Liberty for...
Haas team principal Guenther Steiner wants to see Formula 1 owners...
7y ago from Crash.net
F1 teams prepare for Liberty vision meeting
Formula 1 team bosses are gearing up for Liberty Media’s presentation...
7y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Honda MotoGP Luca Marini suffers major injury in...
Honda HRC Castrol MotoGP rider Luca Marini sustained major injuries...
2h ago from MotorsportWeek.c...
‘Major acceleration' in talks between Toprak...
Reports state that there has been a "major acceleration" in...
7h ago from MotorsportWeek.c...
Pedro Acosta: Silverstone MotoGP ‘a race of...
Pedro Acosta's patience is wearing thin with the KTM MotoGP project after...
11h ago from MotorsportWeek.c...
Pedro Acosta’s complaints are more than just a...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Three drivers lose Indy 500 finishing positions after...
The NTT IndyCar Series has penalized three drivers following the...
1d ago from MotorsportWeek.c...
Exclusive: Alex Palou “woke up at 3am and couldn't...
No description available...
1d ago from Motorsport.com
Andretti Global, Prema Racing issued suspensions and...
No description available...
2d ago from Motorsport.com
Robert Shwartzman earns Indy 500 Rookie of the Year
Every year, the NTT IndyCar Series awards one Indianapolis 500 rookie the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
4d ago from TheGuardian.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
1w ago from Motorsport.com
WRC signs new deal to race in Portugal until at least...
No description available...
6d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Latest transfer news and rumours: Jorginho leaves...
Sports Mole rounds up the latest transfer news and rumours, including...
3h ago from SportsMole.co.uk
Report: Christopher Vivell watched 70m-rated Arsenal...
Manchester United are interested in signing Benjamin Sesko from German...
31m ago from CaughtOffside.com
Arsenal transfer news: Gunners 'knocking on door' for...
Arsenal are reportedly one of two Premier League clubs who hold an...
5h ago from SportsMole.co.uk
'He’s that influential' - Arsenal and Chelsea told...
Nigeria national football team's assistant manager Daniel Ogunmodede has...
3h ago from SportsKeeda.com
Comments
Hottest News
Wolff names team that could gain most from flexi-wing...
As Formula 1 heads to Barcelona for the Spanish... Read More »
9h ago from F1i.com
Ron Dennis will ‘never go back’ to F1, slams...
Ron Dennis, one of Formula 1’s most influential... Read More »
6h ago from F1i.com
F1 fans OUTRAGED as new sponsor set to lead to 2025 race...
Formula 1 fans have taken to social media to... Read More »
9h ago from GPFans.com