News Details
Force India requests early prize money payment
Force India has requested an advance on their championship payments due to an expected cash short-fall during the winter off-season. Currently, the ten Formula 1 teams receive a monthly payout from Formula 1 Management (FOM) between the months of February and November. The payment schedule creates a large deficit in cash flow between December and January for many of the midfield and back marker teams, with all outfits coming under additional pressure from external suppliers to settle outstanding balances. With Caterham folding at the end of the 2014 season, and Manor’s near exit under the previous guise of Marussia last year, supplier have become less lenient with...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Force India seeks advance on payments
The Force India Formula One team have requested an advance on their 2016...
10y ago from SuperSport.com
Force India preview the Mexican Grand Prix
Force India preview the Mexican Grand Prix, Round 17 of the 2015 Formula...
10y ago from GrandPrix247.com
Mallya: Force India not maximising opportunities
Vijay Mallya believes his Force India team is still on the path to...
10y ago from Crash.net
Finding 2.5 seconds before 2016 is 'realistic' - Alonso
Fernando Alonso reckons McLaren and Honda have what it takes to close...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
5h ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
2d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
2d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
4h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
6h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
'Ruins my mood every time I watch him', 'Simply just a...
Fans reacted to the performance of striker Viktor Gyokeres in Arsenal's...
56m ago from SportsKeeda.com
One Arsenal star gets singled out for pulling the...
Arsenal forward Noni Madueke was full of praise for Eberechi Eze following...
26m ago from CaughtOffside.com
Arsenal outclass and overwhelm Wigan in dominant FA...
Arsenal dispatched Wigan with ease to progress into the fifth round of the...
1h ago from SkySports.com
'Now is your time', 'Can't believe my eyes' - Arsenal...
Arsenal fans have reacted to Myles Lewis-Skelly’s inclusion in the...
4h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton just provided the funniest ever moment of F1...
It's an unspoken (and obvious) truth about anyone... Read More »
56m ago from GPFans.com
Red Bull confirm problem with 2026 F1 car
The Red Bull RB22, like many of its rivals, has... Read More »
2h ago from RacingNews365.com
George Russell claims Mercedes have gone backwards during...
George Russell has claimed that his Mercedes team... Read More »
1h ago from GPFans.com
