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 »
10y 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...
10y 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...
10y ago from RichlandF1.com
Smaller F1 teams to get ‘base payment’
Lotus team principal Gerard Lopez says smaller teams are set to receive a...
10y 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...
10y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
6h ago from Motorsport.com
WorldSBK champion Toprak Razgatlioglu switches to...
After years of speculation, two-time WorldSBK champion Toprak...
9h ago from MotorsportWeek.c...
Pedro Acosta admits fourth at Aragon MotoGP ‘not...
Despite matching his best result of the 2025 MotoGP season, Pedro Acosta...
14h ago from MotorsportWeek.c...
Nicolo Bulega agrees Ducati WorldSBK contract...
Ducati announces Nicolo Bulega has signed new contract which sees him...
12h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
2h ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
10h ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
2d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
New: Arsenal ready to walk away from Sesko talks,...
Arsenal have set a deadline for the Benjamin Sesko transfer negotiations...
3h ago from CaughtOffside.com
'It appears' Arsenal are set to finalise 'fantastic'...
Arsenal appear set to complete the signing of Chelsea goalkeeper Kepa...
3h ago from CaughtOffside.com
'Exceptional' PL star could be fine signing for...
Charles Watts believes Morgan Rogers is an 'exceptional' talent who could...
4h ago from CaughtOffside.com
Arsenal column: What's holding up Benjamin Sesko...
Benjamin Sesko signs are positive, but it's not done yet Another week has...
5h ago from CaughtOffside.com
Comments
Hottest News
Hamilton shares adorable Roscoe photo as pair celebrate...
Roscoe Hamilton, companion of seven-time world... Read More »
2h ago from GPFans.com
Hamilton Ferrari start compared to Schumacher with shock...
Seven-time F1 world champion Lewis Hamilton's... Read More »
4h ago from GPFans.com
Russell says F1 fans would be ‘unhappy' with Raikkonen
Jun.10 Finnish newspapers are not impressed... Read More »
14h ago from OneStopStrategy.com
