News Details
'Teams facing tough financial future'
Martin Whitmarsh estimates that seven of the 11 Formula One teams are in financial difficulties as advertising and sponsorship take a hit.
Last season Formula One lost HRT while already this year Marussia were forced to axe a driver in order to sell his seat to a paying driver.
"It's tough," Whitmarsh told the BBC.
"We're in the world of advertising and you only have to see how advertising is worldwide. The rate card is down.
"We have taken some measures but I think it's going to be tough for some."
The McLaren team boss added that several teams will struggle to "have a viable business model for a few years - there's no doubt about that."
The teams,...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
F1 teams 'are in survival mode'
Seven of the 11 Formula 1 teams are struggling financially to the extent...
12y ago from BBC.co.uk
Whitmarsh: 'Some pay drivers not good enough'
McLaren team principal Martin Whitmarsh has hit out at the amount of pay...
12y ago from TheF1Times.com
Whitmarsh: Some pay drivers not good enough
By Editor on Sunday, February 10, 2013 McLaren team principal Martin...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
4h ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
7h ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
1d ago from Motorsport.com
FBI seizes $40m collection, including MotoGP bikes,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
1d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
2d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
1d ago from Motorsport.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
5d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Man United could make January move for Arsenal...
Manchester United could reportedly be ready to make a move for Rennes...
4h ago from CaughtOffside.com
How to watch Arsenal vs Aston Villa
Arsenal host Aston Villa at the Emirates in a huge Premier League clash at...
9h ago from SkySports.com
Arsenal hoping to repeat Odegaard-type deal and sign...
Arsenal are looking to recreate the conditions of their signing midfielder...
10h ago from SportsKeeda.com
A New Year's Day ramble
Good morning everyone, and welcome to 2026. Here's a quick New Year's Day...
9h ago from Arseblog.com
Comments
Hottest News
2026 Dakar Rally route - all stages
On Saturday, January 3, the 48th edition of the... Read More »
49m ago from RacingNews365.com
F1 own goal as Franco Colapinto CUT from the 2026 drivers'...
F1 looked forward to the 2026 season in a recent... Read More »
49m ago from GPFans.com
Six key storylines to follow in the 2026 F1 season
It promises to be a fascinating year, so here,... Read More »
2h ago from RacingNews365.com
