News Details

F1 owner CVC not interested in developing sport

Force India has lashed out at F1's owner CVC, accusing the private equity firm of not being interested in developing the sport. The financial news agency Bloomberg quoted deputy team boss Bob Fernley as saying new deals that give more money and power to the bigger teams are a "disaster". "CVC is not interested in developing the sport, it's interested in making as much money as possible and then selling it," he said. "The income split doesn't support formula one." Many of F1's smallest teams are struggling, and former Renault boss Flavio Briatore told Sky Italia this week: "I can't understand why none of the team bosses are saying anything". Spanish...
Full Story »
12y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Force India looking to kick on from 2012

The final round of last season's F1 world championship held great promise...
12y ago from Crash.net

Force India confident Sutil is right choice

Force India co-owner Vijay Mallya says he is certain that re-signing...
12y ago from F1Zone.net

2013 Preview: Force India - A rising force?

March 7th, 2013 (F1plus/G. Keilloh).- Does Force India get the credit it...
12y ago from F1Plus.com

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...

Popular On IndyCarToday.com

Scott Dixon awarded prestigious New Zealand honor

To close out 2025, one of IndyCar’s most decorated drivers was awarded...

Popular On TotalWRC.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...
5h 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 »
56m 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 »
56m 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

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.