News Details
Teams ‘nervous' about dwindling prize money
Former Caterham team principal Manfredi Ravetto says teams will receive far less prize money due to COVID-19 and are worried about it. Each team receives prize money at the end of a season based on where they finished in the Constructors' Championship, and it's a crucial part of their funding. Given this, Ravetto believes that there is concern throughout the grid over the fact that the numerous race cancellations in 2020 and other factors have apparently made the amount F1 can pay out smaller. “Due to the cancellation of many Grands Prix that pay big fees, and less income from sponsorship and merchandising, the prize pool that is available to the teams is less,” he told Formule 1's...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes pay price of success with less tunnel time
Mercedes, winners of the 2020 championship, are paying the price for last...
4y ago from PlanetF1.com
F1 announces it will be offering less in 2021
The 2021 F1 calendar start times have been published, with Grands Prix...
4y ago from TheParcFerme.com
F1 teams raise money with new Virtual Grands Prix...
The Virtual Grands Prix launched last year are returning. The series...
4y ago from GPBlog.com
Mick Schumacher unfazed by F1 spotlight
Mick Schumacher isn't worried about the attention that will be on him...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
4h ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
1d ago from Motorsport.com
Jorge Martin targets podium after injury hit his 2025...
No description available...
2d ago from Motorsport.com
MotoGP to use 100% non-fossil fuels by 2027 season
MotoGP has announced that the fuel used across all Grand Prix classes...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
1d ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
1d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
2d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Finland: Kalle Rovanpera on top of close fight
No description available...
6h ago from Motorsport.com
Kurt Busch backs WRC return to USA after first taste...
No description available...
1d ago from Motorsport.com
Sebastien Ogier won't rule out WRC title push
No description available...
1d ago from Motorsport.com
Hyundai's WRC future confirmed for 2026 season
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“It’s a great signing for Arsenal' - Former PL...
Former Newcastle United manager Alan Pardew has named Arsenal's Viktor...
3h ago from SportsKeeda.com
Player is 'keen' on Arsenal move, Gunners hoping to...
Crystal Palace attacker Eberechi Eze has been linked with a move away from...
5h ago from CaughtOffside.com
Report: Arsenal on alert as PL & CL winner yet to...
Arsenal are reportedly one of the clubs keeping an eye on the situation of...
5h ago from CaughtOffside.com
“Gonna put it out there” - Former Manchester...
Former Manchester United defender Demetri Mitchell has claimed that Rasmus...
7h ago from SportsKeeda.com
Comments
Hottest News
FIA announce penalty verdict after controversial Max...
The FIA have announced the stewards verdict after... Read More »
1h ago from GPFans.com
LIVE: 2025 F1 Hungarian Grand Prix - Free Practice 2
Follow live coverage from Free Practice 2 for the... Read More »
4h ago from RacingNews365.com
F1 2025 Hungarian Grand Prix – FP1 Results
Lando Norris tops the opening practice session... Read More »
6h ago from MotorsportWeek.com
