News Details

Smaller teams close to agreeing increased money

Formula 1's smaller teams are reportedly close to agreeing a deal which would see them rewarded with a larger slice of the prize money pot. Over the United States Grand Prix weekend, three teams came close to pulling out of the event in defiance over how the sport is run and how teams are rewarded financially. Lotus, Force India and Sauber decided at the last minute to race after CVC Capital Partners co-founder Donald MacKenzie promised to resolve the issue, with or without the support of Bernie Ecclestone. Ecclestone himself admitted he might be to blame for the problems and said the only way to resolve them would be for the larger teams, which receive 'historical bonus' payments...
Full Story »
11y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Fernandes blames 'big teams' for Caterham downfall

Former Caterham F1 Team owner Tony Fernandes has placed some of the blame...
11y ago from TheF1Times.com

F1 boss MacKenzie averted US boycott

A potential US Grand Prix boycott was averted by the intervention of the...
11y ago from BBC.co.uk

Smaller teams closing on revenue break, but big...

+ Formula 1’s smaller teams could be set for a ‘base payment’ to...
11y ago from RichlandF1.com

Big teams baulk at suggestion to sacrifice prize money

Sutton Images Enlarge Formula One's top teams are not willing to...
11y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...
21h ago from MotorsportWeek.c...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...
23h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Here we go: Arsenal & Liverpool transfer target...

Manchester City reportedly look to be closing in on the £20m transfer of...
2h ago from CaughtOffside.com

Just In: Man City make progress to sign Arsenal and...

Manchester City have taken a major step forward in their pursuit of...
3h ago from CaughtOffside.com

Chelsea rival Arsenal & Man Utd for 30m wonderkid...

Chelsea are ready to rival the likes of Arsenal and Manchester United for...
4h ago from CaughtOffside.com

“That’s what he has to try” - Mikel Arteta sends...

Arsenal boss Mikel Arteta has told Viktor Gyökeres to be ‘really good...
3h ago from SportsKeeda.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.