News Details
Fernandes worried about F1's financial situation
– Caterham Formula 1 team owner Tony Fernandes has said Formula 1 is currently in a cost crisis. According to the Malaysian business man the sport might look like the most glamorous sport on the planet but behind the scenes the teams have to work hard to pay the bills. “I don't just think there is one. There is one,” Caterham F1 team owner Tony Fernandes told Reuters. “You hear about people not having been paid, suppliers taking a long time to be paid. These are certainly not happy days," added the Malaysian, whose team finished last in 2013 and has yet to score a point in four years of trying. “At the end of the day there may be only five Formula One teams if it carries...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
F1 forced to cut spending
Glamorous, high-tech and hugely profitable: With the lure of races from...
11y ago from SuperSport.com
Montezemolo: After Bernie it's necessary for different...
Montezemolo: After Bernie it's necessary for different governance of the...
11y ago from GrandPrix247.com
Di Montezemolo calls F1 teams for summit
– Ferrari President Luca di Montezemolo has called teams to a...
11y ago from GPUpdate.net
Ferrari willing to help 12th team from USA get into...
Ferrari willing to help 12th team from USA get into Formula 1 20...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
21h ago from MotorsportWeek.c...
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
1d ago from Motorsport.com
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
1d ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
2d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
2d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
3d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Finland: Toyota locks out top five after...
No description available...
16h ago from Motorsport.com
Kalle Rovanperä leads five-driver Toyota lockout in...
Wet weather greeted the competitors on Saturday morning as the longest...
15h ago from MotorsportWeek.c...
World Rally Champion claims “all hopes are lost”...
No description available...
13h ago from Motorsport.com
Clash with WRC scrutineer earns Ott Tanak 5-min...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Contact made: Romano confirms highly-rated Frenchman...
Arsenal are reportedly interested in signing the highly rated French...
1h ago from CaughtOffside.com
Exit talks brewing? Arsenal star open to move due to...
Jakub Kiwior's future at Arsenal remains uncertain as several clubs...
1h ago from CaughtOffside.com
Sunday round-up: BFG, friends reunited, Kiwior
Sunday. Day of rest. Unless you have a blog or you're a priest. It's a bit...
1h ago from Arseblog.com
Mikel Arteta has already been fine-tuning new tactics...
Arsenal manager Mikel Arteta has reportedly already begun adjusting his...
20h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Hungarian Grand Prix starting grid with penalties...
Here is the official F1 starting grid for the... Read More »
2h ago from GPFans.com
Max Verstappen makes shock request after Red Bull horror...
Max Verstappen has made a request not many would... Read More »
1h ago from RacingNews365.com
Aston Martin pinpoint reason behind remarkable turnaround...
Aston Martin has gone from slowest of all to the... Read More »
41m ago from RacingNews365.com
