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
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
9h ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
12h ago from MotorsportWeek.c...
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
1d ago from Motorsport.com
WorldSBK champion Toprak Razgatlioglu switches to...
After years of speculation, two-time WorldSBK champion Toprak...
1d 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...
1d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
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...
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...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
4d ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal looking to leapfrog Manchester United in bid...
Arsenal are actively looking to beat Manchester United and other...
6h ago from SportsKeeda.com
Arsenal target rejected chance to join Saudi club...
Benjamin Sesko has reportedly turned down a move to the Saudi Pro League...
10h ago from SportsKeeda.com
No offers received for Gyokeres, says Sporting...
Sporting have not received any offers for Viktor Gyokeres and the striker...
11h ago from SkySports.com
Arsenal boss Mikel Arteta believes Real Madrid man...
Arsenal manager Mikel Arteta believes that Real Madrid forward Rodrygo...
13h ago from SportsKeeda.com
Comments
Hottest News
2025 Le Mans 24 Hours - Qualifying - Day 1 results
Check out the full qualifying results from Day 1... Read More »
7h ago from RacingNews365.com
Geri Halliwell dishes the details on her and Christian...
Geri Halliwell-Horner has provided a rare insight... Read More »
5h ago from GPFans.com
Alonso 'considers' huge move to close F1 chapter
Two-time champion Fernando Alonso appears to be... Read More »
16h ago from GPFans.com
