News Details
Liberty look to cut Ferrari's $100-million annual bonus
Formula 1's new owners Liberty Media are set to take on Ferrari by cutting the $100 million bonus received by the sport's most famous team, while smaller teams get a much smaller slice of the billion dollar pie and struggle to survive. Ferrari has competed in the Formula 1 championship since it's inception in 1950 and in return it gets the biggest chunk of appearance money for simply turning up at a grand prix, thanks to a carefully negotiated accord under the auspices of the Concorde Agreement. Liberty are seriously considering redistributing the wealth that abounds in the F1 paddock, with Ferrari top of the big teams who will be affected by the plan. But the American media company...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing...
8y ago from GrandPrix247.com
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
8y ago from GrandPrix247.com
Liberty considers cutting Ferrari's £80m bonus
This week Liberty Media's shareholders voted to take over F1 in a move...
8y ago from Pitpass.com
Liberty takes aim at Ferrari's $100m bonus
XPB Images
Formula One's new owners Liberty Media Group are...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia ‘surprised but happy’ ahead of...
Francesco Bagnaia admitted he was “surprised but happy” about the...
17h ago from MotorsportWeek.c...
Fabio Quartararo reveals Yamaha is still “missing...
Fabio Quartararo revealed Yamaha was still “missing quite a lot” from...
1d ago from MotorsportWeek.c...
Why the numbers show Aprilia’s threat to Ducati is...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
3d ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1w ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
On this day in 1995, Colin McRae became the UK’s...
No description available...
1d ago from Motorsport.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
4d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Man United & Arsenal target midfielder...
Scott McTominay’s resurgence at Napoli under Antonio Conte has not gone...
18m ago from CaughtOffside.com
Insider explains reason why Mikel Arteta has called an...
The Premier League title race took a dramatic twist this weekend as both...
2h ago from CaughtOffside.com
The North London derby takes on extra significance
Morning. The North London derby is always a huge game in the season, but...
2h ago from Arseblog.com
Arteta is feeling the heat but north London derby...
tever doubts there are for Arsenal, at Tottenham they are far greater –...
2h ago from TheGuardian.com
Comments
Hottest News
Adjusted 2025 F1 championship standings after double...
Check out the full F1 championship standings... Read More »
1h ago from RacingNews365.com
Las Vegas GP: Result in doubt as Norris car is 'under...
No description available... Read More »
3h ago from SkySports.com
Lando Norris & Oscar Piastri disqualified from F1 Las...
Lando Norris and Oscar Piastri have been... Read More »
58m ago from MotorsportWeek.com
