News Details
Lopez: Smaller teams to get base payment
– Lotus boss Gérard Lopez says the smaller teams in Formula 1 are to get a "base payment" to ensure their survival.The news comes after Lotus, Force India and Sauber threatened a boycott ahead of the United Sates Grand Prix, unhappy with the unequal distribution of the prize money.That threat followed the demise of minnows Caterham and Marussia, with both recently placed into administration."I think there is a way to solve this crisis, probably even to get to a proposal before Brazil, in which case I do not see the point in doing anything drastic," Lopez told reporters."I know CVC [Formula 1's owners] and Bernie [Ecclestone] have been looking at this. It is...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Lopez: Survival of small F1 teams requires a bit of...
Gerard Lopez seeks an amicable resolution to the cash crisis in F1
Formula...
11y ago from GrandPrix247.com
Smaller teams closing on revenue break, but big...
+ Formula 1’s smaller teams could be set for a ‘base payment’ to...
11y ago from RichlandF1.com
Smaller F1 teams to get ‘base payment’
Lotus team principal Gerard Lopez says smaller teams are set to receive a...
11y ago from Crash.net
F1 in talks over resolution to financial crisis
A deal to help safeguard the future of Formula 1’s smaller operations...
11y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
10h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
11h ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
13h ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
2d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Like a ball of poison’: Mikel Arteta admits to...
t;li>Arteta claims defeat will haunt him for ‘next 30...
2h ago from TheGuardian.com
Mikel Arteta provides fitness update on 3 Arsenal...
Arsenal boss Mikel Arteta has provided a fitness update on Noni Madueke,...
6h ago from SportsKeeda.com
'Really good news' – Mikel Arteta provides...
Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
10h ago from CaughtOffside.com
Carabao Cup final pain will only make Arsenal better,...
Arsenal must learn the lessons from their Carabao Cup final loss to Man...
9h ago from SkySports.com
Comments
Hottest News
FIA approve new race after F1 cancellations
The FIA have announced a change in one of their... Read More »
8h ago from GPFans.com
'Don't f*** it up' - Fernando Alonso replacement's F1...
It was April 2016 and Stoffel Vandoorne was about... Read More »
3h ago from GPFans.com
Lewis Hamilton team-mate left laughing after F1 rival...
This doesn't count under the cost cap, right? Read More »
3h ago from GPFans.com
