News Details
Reader Rights: Kickbacks & Extortion in Formula 1
Kickback: 'The most common form of kickback involves a vendor submitting a fraudulent or inflated invoice (often for goods or services which were not needed, of inferior quality, or both), with an employee of the victim company assisting in securing payment. For his or her assistance in securing payment, the individual receives some sort of payment (cash, goods, services) or favour.' Thank you, Wikipedia. Hey, GP24/7 posters who are in favour of Ferrari receiving $100 million in non-performance-based subsidies and a veto power over changes to regulations: Why don't you explain to me why you think it is sporting and generally beneficial for the Formula One Group to financially subsidize...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
FOX Sports LatAm strikes new Formula 1 broadcasting...
Formula 1 will be broadcast on FOX Sports Latin America in 19 countries...
8y ago from MotorsportWeek.com
Salo: Williams is the best choice for Sirotkin
Former Ferrari and Toyota F1 driver Mika Salo had a role in Sergey...
8y ago from GrandPrix247.com
Red Bull in the dark over Kvyat's lost form
Having dropped Daniil Kvyat from their line-up last season, Helmut Marko...
8y ago from PlanetF1.com
The FIA approves Formula 1's first Halo supplier
The FIA has announced that Dutch company CP Tech has received...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
4h ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
5h ago from MotorsportWeek.c...
Michelin boss reveals potential cause of ‘never...
Marc Marquez admits the puncture that cost him a podium finish at the...
5h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
1d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
22h ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
2d ago from MotorsportWeek.c...
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
4d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'We barely win games without him', 'Fed up with it...
Arsenal fans have expressed their disappointment after defender William...
1h ago from SportsKeeda.com
Man United plot £80m offer to win three-way transfer...
Manchester United are hoping to sign Anthony Gordon from Newcastle United,...
1h ago from CaughtOffside.com
Brighton v Arsenal – live blog
Join us for live blog coverage of our Premier League clash away to...
1h ago from Arseblog.com
'Every f**ing pundit all around the f*ing world knows...
Former Chelsea midfielder John Obi Mikel has said that the Blues won't win...
4h ago from SportsKeeda.com
Comments
Hottest News
F1MATHS: The mistery behind the 2026 starting numbers
Just days away from the start of the 2026 F1... Read More »
52m ago from F1Technical.net
Sky Sports F1 part ways with controversial pundit ahead of...
A member of the Sky Sports F1 punditry team will... Read More »
5h ago from RacingNews365.com
F1 fans fear for Charles Leclerc as Ferrari star is mobbed...
F1 fans have been left horrified after a video of... Read More »
1h ago from GPFans.com
