News Details

Ecclestone proposes 1m to whistleblowers

Bernie Ecclestone is proposing that a reward of 1 million should be given to anyone who comes forward with information of teams breaking the budget cap, which is set to be introduced from next year. The FIA announced in December that a cost cap will be introduced in Formula 1 from the start of 2015 in an attempt to stabilise and eventually lessen the amount of spending required in the sport. The cost cap, which is to be initially set at $200 million, is likely to be difficult to enforce, leading Ecclestone to propose a rewards system. "The plan under consideration is to give 1 million to any whistleblower whose knowledge is proved to be accurate," Ecclestone told The Daily...
Full Story »
12y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Ecclestone wants 1m whistleblower reward

Ecclestone has drastic plans in mind for the budget cap Sutton Images...
12y ago from espnF1.com

Haas set to meet next deadline for 2015 F1 entry

Haas set to meet next deadline for 2015 F1 entry 5 February, 2014 Gene...
12y ago from GrandPrix247.com

Haas to meet next deadline for 2015 entry

Despite Bernie Ecclestone's recent warning, Gene Haas is pushing ahead...
12y ago from GrandPrix.com

Ecclestone bets against his Munich trial happening

Ecclestone bets against his Munich trial happening 9 February, 2014...
12y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

CFMoto ‘fully committed’ to supporting potential...

CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...
12h ago from MotorsportWeek.c...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Arsenal have got a fantastic player, really...

Liverpool legend Steven Gerrard has claimed he's upset about his former...
8h ago from SportsKeeda.com

Arsenal target two game-changers in huge 250 million...

Arsenal are preparing for a busy transfer window, and they have identified...
10h ago from CaughtOffside.com

Arsenal target 35m-rated UCL semi-finalist with 21 G/A...

Serge Gnabry has been an outstanding performer for Bayern Munich since...
12h ago from CaughtOffside.com

Update: Man Utd could use Sir Alex Ferguson to beat...

Manchester United are reportedly considering using their legendary former...
14h ago from CaughtOffside.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.