News Details
Ecclestone offers cash advance for smaller teams
Formula One supremo Bernie Ecclestone has offered advance revenue payments to Sauber, Force India and Lotus to help with cash-flow problems ahead of the new season starting in Australia next week. "Bernie understands we've had these challenges over the winter because the (team) suppliers got so badly hurt by the Marussia and Caterham issues," Force India deputy principal Bob Fernley told Reuters on Monday. "Whereas we've always been able to work with them and smooth it out over the period of the start of the winter, they simply can't. Whereas we used to get 30 days credit, now we need 30 days in advance. "He (Ecclestone) suggested that we take an advance and smooth it...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
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
Ecclestone ends cash flow crisis for small teams
Amid alarming claims multiple teams are gripped by a 'cash flow crisis',...
10y ago from GrandPrix.com
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
1h ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
7h ago from MotorsportWeek.c...
Supersub Pol Espargaro deserves to be full-time MotoGP...
No description available...
1d ago from Motorsport.com
Honda reveals how Ai Ogura snub pushed Diogo Moreira...
Honda was forced to change its “original plan” to sign Diogo Moreira...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FIA increases IndyCar super license allocations
The World Motorsport Council has announced that the allocation of super...
1h ago from MotorsportWeek.c...
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
4d ago from MotorsportWeek.c...
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA reveals final details of WRC 2027 regulations
No description available...
3h ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
4h ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
5d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Tottenham eyeing £50m wide player who...
Arsenal and Tottenham Hotspur have been linked with a move for the...
29m ago from CaughtOffside.com
Insider reports Man United plan to sign Arsenal star...
A major transfer storm could be brewing in English football, with...
4h ago from CaughtOffside.com
'A dangerous circle' | Arteta concerned by mounting...
Arsenal boss Mikel Arteta is concerned about the number of injuries his...
6h ago from SkySports.com
Gunners looking to bounce back in Bruges
Morning everyone. We're in Champions League action this evening, taking on...
9h ago from Arseblog.com
Comments
Hottest News
Helmut Marko's shock comments over F1 star were last straw...
Helmut Marko will leave Red Bull at the end of... Read More »
1h ago from GPFans.com
Behind the spin: Why Helmut Marko is really out at Red Bull
Red Bull has confirmed that Helmut Marko, the... Read More »
5h ago from F1i.com
FIA confirms various temporary changes for 2026 F1 season
The FIA has confirmed a set of one-off changes... Read More »
49m ago from MotorsportWeek.com
