News Details
Band-aids not enough to fix F1's cash problems
Kate Walker explains why Formula One must get serious about cost control, and quickly. When it comes to fixing problems, there are two approaches that can be taken: one can identify the root causes and work to ameliorate them, or one can simply stick on a Band-aid and hope for the best. Formula One is far better at the Band-aid option. While the global financial crisis that hit the bulk of the world in 2008 took a little longer to be felt inside the paddock, the sport's financial problems date back to the end of tobacco sponsorship, those fat times of plenty. The disappearance of the biggest source of sponsorship income did not happen overnight, of course. Those in charge of the sport...
Full Story »
Full Story »
10y ago from Motorsport.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
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
VIDEO: Hamilton wins BBC Sports Personality
Lewis Hamilton is voted the BBC Sports Personality of the Year 2014, after...
10y ago from BBC.co.uk
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
MotoGP to return to Buenos Aires from 2027 season
MotoGP has officially announced that the Grand Prix of Argentina will...
12h ago from MotorsportWeek.c...
Winners and losers from MotoGP's Czech Grand Prix
No description available...
18h ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
20h ago from Motorsport.com
Marc Marquez likens his 2025 MotoGP form to 2019 and...
Marc Marquez has likened his 2025 MotoGP form to the peak performances...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
O’Ward explains the multiple steps that came...
Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
11h ago from MotorsportWeek.c...
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
15h ago from MotorsportWeek.c...
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
21h ago from Motorsport.com
Pato O’Ward, Arrow McLaren score strategic win in...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
23h ago from Motorsport.com
How the WRC service park reacted to Oliver Solberg's...
No description available...
1d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
1d ago from MotorsportWeek.c...
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Report: New Arsenal signing waiting in London and set...
Arsenal are on the verge of announcing the signing of Spanish centre-back...
9h ago from FreshArsenal.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
Real Madrid failed to win the league and the Champions League last season....
18h ago from SportsKeeda.com
Arsenal forced to reschedule first pre-season training...
Premier League giants Arsenal have been forced to reschedule their first...
18h ago from SportsKeeda.com
“I’m bored, give me a f**king ball man” -...
Pierre-Emerick Aubameyang has taken to Instagram as he gears up for a...
17h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: McLaren chief wants FIA meeting as Max...
McLaren F1 team principal Andrea Stella has... Read More »
57m ago from GPFans.com
Red Bull without Horner as Norris, Piastri title battle...
The 2025 Formula 1 season resumes with a Sprint... Read More »
47m ago from SkySports.com
George Russell issues declaration as Max...
George Russell remains out of contract with... Read More »
1h ago from RacingNews365.com
