News Details

Horner: Crowd-funding should be banned

Getty Images Enlarge Christian Horner has criticised Caterham's crowd-funding plan, saying fans should not be expected to bail a team out of difficulty. Shortly after it emerged rivals Marussia had ceased trading on Friday, Caterham's administrators announced plans to raise £2.5m through pledges by November 14 to make the finale at Abu Dhabi. The team had already surpassed 20% of its target on Saturday morning but Red Bull boss Horner does not support the policy. "It's very difficult; certainly I don't agree with fans having to fund a team," Horner told Sky about Caterham's situation. "The fans pay to be entertained by the teams, they shouldn't have to pay for a team. The...
Full Story »
11y ago from espnF1.com 0
Share

You May Also Be Interested In...

Horner slams crowdfunding

Red Bull chief Christian Horner has criticised the attempts of Caterham's...
11y ago from SkySports.com

Caterham turns to crowd-funding to race in Abu Dhabi

Sutton Images Enlarge Administrators for the Caterham F1 team have...
11y ago from espnF1.com

Desperate Caterham F1 team seeks funds from fans

Administrators of the Caterham Formula One team announced a crowd funding...
11y ago from GrandPrix247.com

Caterham launches crowd funding project

The Caterham F1 Team is launching the #RefuelCaterhamF1 project today in...
11y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals how Marco Bezzecchi pushed him...

Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...

Francesco Bagnaia: MotoGP should hold a test before...

Francesco Bagnaia has called on MotoGP to hold a test before racing at a...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal keen on signing teenage Bundesliga striker to...

Arsenal are allegedly interested in signing Bayer Leverkusen star...
4h ago from SportsKeeda.com

Liverpool in contact with reps of 40-G/A star as...

Real Madrid playmaker Arda Guler continues to be linked with a move away...
4h ago from CaughtOffside.com

'I'm thinking about…' – Man United,...

Nottingham Forest central midfielder Elliot Anderson insists he's only...
12h 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.