News Details

Crisis? What crisis? F1 digs head in the sand

Formula 1 is a money drain Talk of financial crisis in Formula 1 is nothing new but the absence of back-markers Caterham and Marussia from this week's United States Grand Prix after they went into administration has concentrated minds. For the first time since 2005, there will be only nine teams in the paddock and some of them are competing in straitened circumstances. It is a long-standing joke that the best way to make a small fortune in Formula 1 is to start with a large one, but securing even a basic budget is proving increasingly difficult in a sport that burns through cash at eye-watering speed. Sauber have made no secret of their problems while Force India owner Vijay Mallya...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Marussia out of US GP as team enters Administration

The Marussia F1 Team have become the second Formula 1 team to enter...
10y ago from TheCheckeredFlag....

Formula 1 set for three-car teams as crisis looms large

Three car teams might become a reality in 2015 Formula 1 is...
10y ago from GrandPrix247.com

Formula One's chickens come home to roost

Talk of financial crisis in Formula One is nothing new but the absence...
10y ago from SuperSport.com

Marussia in administration

Marussia have entered administration and will miss this weekend's United...
10y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez leads the way in second Brno MotoGP...

The complex interchangeable conditions sees Marc Marquez lead the field...
12h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Kyle Kirkwood tops opening IndyCar practice on slick...

IndyCar travels north of the Canadian border this weekend to tackle the...

Taylor Barnard rejected McLaren IndyCar and WEC offers...

Taylor Barnard has turned down the chance to race for Arrow McLaren in...

Popular On TotalWRC.com

Sensational Solberg leads Rally Estonia!

It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...

Popular On GunnersToday.com

'I'm somebody who goes with my gut feeling a lot' -...

New Arsenal signing Noni Madueke has explained that he's a player who...
8h ago from SportsKeeda.com

Xavi Simons player profile: How much would the Chelsea...

RB Leipzig attacker Xavi Simons is currently one of the most sought-after...
8h ago from CaughtOffside.com

'The conversations are continuing' - Fabrizio Romano...

Arsenal and Sporting CP are reportedly battling over 7 million of the...
6h ago from SportsKeeda.com

Noni Madueke will be unfazed by new Arsenal challenge...

el Arteta’s latest signing from Chelsea is a driven individual,...
10h ago from TheGuardian.com

Comments

Hottest News

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.