News Details
Formula 1 is facing a crisis warns Fernandes
Caterham team owner Tony Fernandes has warned that Formula 1 risks being plunged into a crisis in which just a small handful of teams might survive. The Malaysian businessman believes the financial woes which plague over half the grid could finally bite and see just five or so teams left on the grid if something isn't done about rising costs. Red Bull reportedly spends around £180 million ($295m, €215m) per season whilst the smaller teams such as Caterham and Marussia work off budgets less half the size, around £65 million ($110m, €80m). Costs are again expected to rise in 2014 with the new power units, but a cost cap will be introduced in 2015 - though the details...
Full Story »
Full Story »
11y ago from TheF1Times.com
0 Comments
You May Also Be Interested In...
Overview: Just three seats left
– With the news last weekend that Esteban Gutierrez will stay at...
11y ago from GPUpdate.net
Fernandes warns of bleak future
F1 risks being reduced to just "five teams" unless something is...
11y ago from PlanetF1.com
Kobayashi and Ericsson talking to Caterham for 2014
Kobayashi and Ericsson talking to Caterham for 2014 21 December, 2013...
11y ago from GrandPrix247.com
Kobayashi in the frame for Caterham seat
Kamui Kobayashi may be about to make a comeback in 2014 following news...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to use 100% non-fossil fuels by 2027 season
MotoGP has announced that the fuel used across all Grand Prix classes...
7m ago from MotorsportWeek.c...
How 2025 became Marc Marquez’s most dominant MotoGP...
No description available...
1d ago from Motorsport.com
Unpacking the art of value betting in MotoGP
Value betting in MotoGP is a strategic blend of data analysis,...
1d ago from MotorsportWeek.c...
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
2h ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
22h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
2d ago from MotorsportWeek.c...
Colton Herta praises IndyCar's delayed cautions;...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
5d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Which two Premier League clubs have shared the most...
teen players have represented both Arsenal and Chelsea in the Premier...
1h ago from TheGuardian.com
West Ham United make move to sign Arsenal playmaker
West Ham United are turning heads this summer as they target Arsenal...
2h ago from CaughtOffside.com
Risk
At time of writing I have watched the AC Milan game in full and I saw the...
2h ago from Arseblog.com
Arsenal ready to sell 'incredible' first-team star to...
Arsenal could look to cash in on the Belgian attacker Leandro Trossard...
5h ago from CaughtOffside.com
Comments
Hottest News
F1: Hungarian Grand Prix: Preview - Ferrari
Charles and Lewis are both in good form, and the... Read More »
1h ago from Pitpass.com
Breaking: Audi announces title sponsor for new F1 team
Audi is joining F1 in 2026, and has bagged a new... Read More »
8h ago from RacingNews365.com
Outside Line: Formula 1 needs a tyre war to end Pirelli...
The Belgian Grand Prix highlighted the urgent... Read More »
2h ago from GrandPrix247.com
