News Details

Smaller teams close to agreeing increased money

Formula 1's smaller teams are reportedly close to agreeing a deal which would see them rewarded with a larger slice of the prize money pot. Over the United States Grand Prix weekend, three teams came close to pulling out of the event in defiance over how the sport is run and how teams are rewarded financially. Lotus, Force India and Sauber decided at the last minute to race after CVC Capital Partners co-founder Donald MacKenzie promised to resolve the issue, with or without the support of Bernie Ecclestone. Ecclestone himself admitted he might be to blame for the problems and said the only way to resolve them would be for the larger teams, which receive 'historical bonus' payments...
Full Story »
10y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Fernandes blames 'big teams' for Caterham downfall

Former Caterham F1 Team owner Tony Fernandes has placed some of the blame...
10y ago from TheF1Times.com

F1 boss MacKenzie averted US boycott

A potential US Grand Prix boycott was averted by the intervention of the...
10y ago from BBC.co.uk

Smaller teams closing on revenue break, but big...

+ Formula 1’s smaller teams could be set for a ‘base payment’ to...
10y ago from RichlandF1.com

Big teams baulk at suggestion to sacrifice prize money

Sutton Images Enlarge Formula One's top teams are not willing to...
10y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...
19h ago from MotorsportWeek.c...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Final green light' as Tottenham close in on Arsenal...

Tottenham are reportedly closing in on the loan signing of Bayern Munich...
2h ago from CaughtOffside.com

“If he wanted to use that moment to mock me,...

Erling Haaland has shared his thoughts on Arsenal's Myles Lewis-Skelly...
4h ago from SportsKeeda.com

Sources at club 'expect' Arsenal to try signing their...

Fabrizio Romano claims that sources close to Crystal Palace are expecting...
4h ago from CaughtOffside.com

Arsenal in Hong Kong – observations

Morning. Arsenal's pre-season tour ended in a 1-0 defeat to Sp*rs...
3h ago from Arseblog.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.