News Details

Ecclestone set to bring prize money release forward

Formula One supremo Bernie Ecclestone is set to bring forward a scheduled release of $30 million in prize money to help troubled teams, according to media reports. Multiple teams are scrambling to find the money simply to line up on the Melbourne grid next week, as the sport's heads continue to fail to agree on a plan to reduce costs. According to reports, Ecclestone has responded by vowing to bring forward the prize money owed to teams. The Times newspaper said the fast-forwarded payments - to be wired to the troubled teams in the coming days - should ensure they are able to "board the transport planes due to leave for Melbourne next weekend". "Bernie has promised support...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Ecclestone to assist small teams with advance payment

Bernie Ecclestone has reportedly agreed to assist the financially...
10y ago from GrandPrixTimes.com

Force India Reports Bernie to Help Small Teams

The financial plight of the smaller teams may be eased throughout the...
10y ago from FormulaSpy.com

Ecclestone ends ‘cash flow crisis’ for small teams

Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y ago from ThisIsF1.com

F1 rejects 'semi-constructor' cost-saving proposal

A proposal to cut costs by changing the rules to allow for pooling of...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Will Arsenal Win the Premier League Next Season?

The 2024/25 Premier League season will officially kick off August 15. ...
3h ago from FreshArsenal.com

Gyokeres gets green light to complete Arsenal £63.8m...

Viktor Gyokeres has been given clearance to complete his £63.8m move...
3h ago from SkySports.com

Bukayo Saka’s reaction spotted after fan asks...

Bukayo Saka was recently left amused after an Arsenal fan urged William...
4h ago from SportsKeeda.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.