News Details

Symonds: Marussia will survive

Marussia technical director Pat Symonds concedes taking away the prize money from the smaller teams will "really hurt" but he is confident his outfit will survive even if things get a little tougher financially. Under the new Concorde Agreement, the team that finishes 11th in the Constructors' Championship will not get a cent from the sport's $698.5m prize fund as the $10m they received in previous years has fallen away. Marussia finished 11th in the Championship last season and Formula One boss Bernie Ecclestone has stated: "They don't have a commercial agreement because they are not in the top ten. "We pay the top ten, that's what we do." Although he knows...
Full Story »
12y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Symonds: Financial issues affecting most teams

Marussia technical director Pat Symonds believes that most teams on the...
12y ago from F1Zone.net

Symonds: F1 is 'really tough'

Marussia's Pat Symonds believes that every Formula 1 team outside of the...
12y ago from SkySports.com

Testing resumes at Duxford after Villota crash

Formula 1 testing has resumed at the Duxford Aerodrome for the first time...
12y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Di Giannantonio sets lap record to top second...

Fabio Di Giannantonio set a stunning lap to break the all-time lap record...

Popular On IndyCarToday.com

Will Power’s contract decision on hold due to Team...

Will Power’s contract with Team Penske is up at the end of this season,...
56m ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Exclusive: 'He only wants to play for Mikel Arteta'...

The deal for Viktor Gyokeres to Arsenal has NOT collapsed, despite the...
2h ago from CaughtOffside.com

Real Madrid Transfer News Roundup: Los Blancos want...

Real Madrid have been quite active in the transfer market this summer.
1h ago from SportsKeeda.com

'Little bit too obvious' – Collymore gives...

Arsenal have been busy in the transfer market in the last couple of weeks,...
3h ago from CaughtOffside.com

Arsenal close to Madueke deal after Chelsea give...

Chelsea have given Noni Madueke permission to leave their Club World Cup...
2h ago from SkySports.com

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.