News Details
Teams ‘nervous' about dwindling prize money
Former Caterham team principal Manfredi Ravetto says teams will receive far less prize money due to COVID-19 and are worried about it. Each team receives prize money at the end of a season based on where they finished in the Constructors' Championship, and it's a crucial part of their funding. Given this, Ravetto believes that there is concern throughout the grid over the fact that the numerous race cancellations in 2020 and other factors have apparently made the amount F1 can pay out smaller. “Due to the cancellation of many Grands Prix that pay big fees, and less income from sponsorship and merchandising, the prize pool that is available to the teams is less,” he told Formule 1's...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes pay price of success with less tunnel time
Mercedes, winners of the 2020 championship, are paying the price for last...
4y ago from PlanetF1.com
F1 announces it will be offering less in 2021
The 2021 F1 calendar start times have been published, with Grands Prix...
4y ago from TheParcFerme.com
F1 teams raise money with new Virtual Grands Prix...
The Virtual Grands Prix launched last year are returning. The series...
4y ago from GPBlog.com
Mick Schumacher unfazed by F1 spotlight
Mick Schumacher isn't worried about the attention that will be on him...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Honda unveils all-new 2025 MotoGP livery after Repsol...
No description available...
1d ago from Motorsport.com
Honda exhibits 2025 MotoGP livery
Honda Racing Corporation is the latest team to exhibit its 2025 MotoGP...
1d ago from MotorsportWeek.c...
Yamaha and Pramac unveil 2025 MotoGP bikes in Kuala...
No description available...
1d ago from Motorsport.com
Yamaha and Pramac display 2025 MotoGP liveries
On Friday, Yamaha and its satellite team, Pramac Racing, displayed its...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
1d ago from MotorsportWeek.c...
Team Penske's Tim Cindric steps back from his...
No description available...
1d ago from Motorsport.com
Zak Brown: IndyCar "should slipstream on the back...
No description available...
3d ago from Motorsport.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
2d ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
5d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Lean into Hale End for the visit of Man City
Morning all. It's a big one today, with the visit of Man City to the...
1h ago from Arseblog.com
'Agreement reached' – Fabrizio Romano issues...
Arsenal have been looking to make an attacking signing as manager Mikel...
2h ago from CaughtOffside.com
'It's not going to be easy' – Fabrizio Romano's...
Arsenal made a move to sign Aston Villa attacker Ollie Watkins but failed...
3h ago from CaughtOffside.com
Sunday's Premier League predictions including Arsenal...
Sports Mole provides score predictions and previews for all of today's...
3h ago from SportsMole.co.uk
Comments
Hottest News
F1 News Today: Horner breaks silence as Red Bull 2025...
Christian Horner has broken his silence after a... Read More »
2h ago from GPFans.com
Verstappen Red Bull SPLIT decision confirmed as new role...
Red Bull have made a decision as to whether Max... Read More »
41m ago from GPFans.com
Mercedes raced by Moss and Fangio sells for record £42.75m
A Mercedes raced by Formula One legends Stirling... Read More »
51m ago from BBC.co.uk
