News Details
Teams ‘screwed up’ by ditching unity in financial fight
F1 team bosses admitted that they had missed an opportunity to both contain the cost of competition and create a more equitable split of revenues simply because the remained rivals off the track. With the introduction of a new engine and drivetrain package for 2014 set to raise costs considerably, especially for those teams towards the rear of the grid, the push towards making the sport more affordable for all appears to have been abandoned, leaving those in charge to lament a lack of unity when it came to negotiating with both the FIA and rights holder CVC.
Ironically, it was the governing body that had initially championed the crusade for lower financial burdens, only to propose the...
Full Story »
Full Story »
You May Also Be Interested In...
FIA get serious about cutting costs in F1
If you’ve ever created a personal budget, you know that cutting costs...
12y ago from Formula1Blog.com
Raikkonen left Lotus as he wasn't paid his salary
Kimi Raikkonen revealed that money trouble at Lotus was part of the...
12y ago from F1Pulse.com
Red Bull rejects Sauber proposal to cut testing and...
Red Bull rejects Sauber proposal to cut testing and save money 17...
12y ago from GrandPrix247.com
Raikkonen: Financial situation triggered Lotus exit
Lotus F1 Team
Kimi Raikkonen says that financial issues triggered his...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
5h ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
10h ago from Motorsport.com
Dorna Sports unveils rebrand as part of MotoGP...
Dorna Sports has announced it will be officially known as MotoGP Sports...
9h ago from MotorsportWeek.c...
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
George Barber, founder of iconic IndyCar venue, passes...
Barber Motorsports Park has announced that founder of the iconic track...
1h ago from MotorsportWeek.c...
Understanding IndyCar's new deal with Chevrolet and...
No description available...
1d ago from Motorsport.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
5d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
2d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal get green light as 35-goal forward eyes summer...
Nico Williams has been linked with a move away from Athletic Club Bilbao...
1h ago from CaughtOffside.com
Man United open internal talks to land 80m...
Igor Thiago continues to be linked with a move away from Brentford after...
3h ago from CaughtOffside.com
Contract stand-off alert: Arsenal smell opportunity as...
Arsenal are plotting an ambitious move to sign the PSG superstar Ousmane...
2h ago from CaughtOffside.com
‘All formal steps completed' – BBC man...
Arsenal have officially agreed to a blockbuster new contract with star...
2h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner F1 return ditched on eve of 2026 season
Christian Horner's F1 comeback has reportedly... Read More »
2h ago from GPFans.com
F1 champion lied about his age to get a racing licence
F1 champion Mario Andretti took a trip down... Read More »
49m ago from GPFans.com
Liam Lawson takes drastic action after 'toxic' online abuse
Liam Lawson is one of several drivers to have... Read More »
59m ago from RacingNews365.com




























