News Details
Wolff: F1 can't carry on with high hosting fees
Mercedes team principal Toto Wolff has warned that the F1 can't continue its business model of demanding high fees for the circuits to host the race, as the Austrian claims that this idea is not sustainable. Wolff explained that sanction fees were a big part of the old F1's business model, but that this is no longer sustainable. “Sanction fees were one of the three key revenue generators in the old Bernie Formula One business model," Wolff told Reuters. "And he was exceptional at these deals. “I am not sure that is sustainable. “Bernie was squeezing the last cent out for the benefit of the shareholders and the teams but it left certain promoters in a...
Full Story »
Full Story »
6y ago from GPBlog.com
0
You May Also Be Interested In...
F1 race promoters want lower fees – Wolff
Toto Wolff says it is clear F1 race promoters want to renegotiate their...
6y ago from ThisIsF1.com
F1 race promoters stepping up efforts to reduce fees -...
Toto Wolff believes that in the future Formula 1 will no longer be able...
6y ago from F1i.com
F1 race promoters want lower fees - Wolff
May 27 Toto Wolff says it is clear F1 race promoters want to renegotiate...
6y ago from OneStopStrategy.com
Wolff 'disturbed' by FIA claims about Mercedes...
Mercedes boss Toto Wolff has labelled revelations that it was two Silver...
6y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez confident rivalry with "gentleman"...
No description available...
4h ago from Motorsport.com
Mir: “I hadn’t had any bad moments until I came to...
No description available...
1d ago from Motorsport.com
Ducati using 2024 chassis and aero ‘a real...
Ducati has revealed that there is 'a real possibility' of the team using...
2d ago from MotorsportWeek.c...
Jonathan Rea to miss WorldSBK season opener at Phillip...
Jonathan Rea has been ruled out of the WorldSBK season opener at Phillip...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
14h ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
20h ago from MotorsportWeek.c...
Pato O’Ward fastest in first day of IndyCar...
The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
1d ago from MotorsportWeek.c...
ECR shares new look for 2025 IndyCar campaign
Ed Carpenter Racing has unveiled a drastically different set of liveries...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
3d ago from MotorsportWeek.c...
Fourmaux fined for swearing on WRC TV broadcast
No description available...
2d ago from Motorsport.com
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
3d ago from MotorsportWeek.c...
WRC women's driver development programme winner...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal interested in signing Real Madrid ace in...
No description available...
57m ago from SportsKeeda.com
Arsenal dealt blow as defender set to be ruled out for...
No description available...
47m ago from SportsKeeda.com
Arsenal reveal Takehiro Tomiyasu recovery timeline as...
Arsenal confirm that Takehiro Tomiyasu is expected to be sidelined for...
47m ago from SportsMole.co.uk
'It’s a different ball game' - Arsenal should have...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Ferrari complete first shakedown with all-new SF-25 at...
Having shown off the livery for the 2025 F1... Read More »
4h ago from F1Technical.net
Alonso warns Hamilton ahead of duel with Leclerc:...
Lewis Hamilton's debut with Ferrari is a little... Read More »
1h ago from GPBlog.com
Lewis Hamilton conducts debut outing in 2025 Ferrari F1 car
Lewis Hamilton is conducting his maiden track... Read More »
1h ago from MotorsportWeek.com
