News Details

Team to receive advance on prize money

It is understood that a number of teams are to be advanced their prize money in order to overcome cash-flow problems. Unsurprisingly, it is the three teams, Force India, Lotus and Sauber, who were most vocal about the chasm between the sport's haves and have-nots at the end of 2014. As Caterham and Marussia appeared to be in their death throes, the three teams warned they too were far from safe and amidst calls for changes to the sport including the allocation of prize money and limiting spending, there was talk (subsequently denied) of one of more teams boycotting events in protest. Now, with the season opener just two weeks away, at a meeting with Bernie Ecclestone last week, the F1...
Full Story »
10y ago from Pitpass.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

Cash-flow crisis puts teams at risk for Melbourne

Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
10y ago from Motorsport.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

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

Elsewhere On The Network

Popular On MGPToday.com

The MotoGP standouts and strugglers of 2025 so far

Motorsport Monday’s latest MotoGP feature spotlights nine different...

Johann Zarco ‘thinking about how to stay' with...

Johann Zarco admits he is “thinking about how to stay” at LCR Honda...

Fabio Quartararo aims to ‘get back to the top'...

Fabio Quartararo revealed that his number one priority is to "get...

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Inside Arsenal's summer transfer plans: Sane, Watkins,...

Bryan Mbeumo wouldn't have made sense for Arsenal, but Leroy Sane is a...
1h ago from CaughtOffside.com

Joan Garcia transfer: La Liga 'turns down' Arsenal,...

Espanyol goalkeeper Joan Garcia reportedly gives the green light to join...
4h ago from SportsMole.co.uk

'They still need a striker' - Pundit urges Arsenal and...

Chelsea hero John Obi Mikel has urged Arsenal or Manchester United to sign...
2h ago from SportsKeeda.com

Myles Lewis-Skelly Arsenal contract prediction made as...

Arsenal could tie Myles Lewis-Skelly down to a new contract before the...
2h ago from SportsMole.co.uk

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.