News Details
Teams ‘screwed up’ by ditching unity in financial fight
F1 team bosses admitted that they had missed an opportunity to both contain the cost of competition and create a more equitable split of revenues simply because the remained rivals off the track. With the introduction of a new engine and drivetrain package for 2014 set to raise costs considerably, especially for those teams towards the rear of the grid, the push towards making the sport more affordable for all appears to have been abandoned, leaving those in charge to lament a lack of unity when it came to negotiating with both the FIA and rights holder CVC.
Ironically, it was the governing body that had initially championed the crusade for lower financial burdens, only to propose the...
Full Story »
Full Story »
You May Also Be Interested In...
FIA get serious about cutting costs in F1
If you’ve ever created a personal budget, you know that cutting costs...
11y ago from Formula1Blog.com
Raikkonen left Lotus as he wasn't paid his salary
Kimi Raikkonen revealed that money trouble at Lotus was part of the...
11y ago from F1Pulse.com
Red Bull rejects Sauber proposal to cut testing and...
Red Bull rejects Sauber proposal to cut testing and save money 17...
11y ago from GrandPrix247.com
Raikkonen: Financial situation triggered Lotus exit
Lotus F1 Team
Kimi Raikkonen says that financial issues triggered his...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez would “hate” Barcelona if it...
No description available...
20h ago from Motorsport.com
Luca Marini has “really high expectations” from...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
15h ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
14h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1d ago from MotorsportWeek.c...
IndyCar moves street race from Toronto to Markham for...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Champions League squad named: Dowman in, no place for...
Morning. It's Thursday and we're right into the Interlull now. If you want...
1h ago from Arseblog.com
Sources: Arsenal expected to make 'official move' for...
Luiz Benedetti, the young centre-back from Palmeiras, has caught the...
1h ago from CaughtOffside.com
“It’s easy to criticise if you’re not on the...
Viktor Gyokeres has shared his thoughts on Freddie Ljungberg's criticism...
20h ago from SportsKeeda.com
Nottingham Forest secure late loan move for Zinchenko
Nottingham Forest have pulled off a late Deadline Day loan move for...
21h ago from SkySports.com
Comments
Hottest News
Hamilton set for trial by media as Ferrari exit rumours...
The spotlight will be on Lewis Hamilton this... Read More »
45m ago from GPFans.com
Toto Wolff shares relief over 'dreaded' Lewis Hamilton...
Lewis Hamilton made a shock decision last year to... Read More »
55m ago from RacingNews365.com
Teenager Fairclough drives Aston Martin AMR23 at Silverstone
No description available... Read More »
45m ago from GrandPrix247.com
