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 »
Full Story »
12y ago from GrandPrix.com
0
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...
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...
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
