News Details
Ecclestone to assist small teams with advance payment
Bernie Ecclestone has reportedly agreed to assist the financially struggling outfits by advancing prize money payments to ensure they're able to compete in the first few races of the season. Force India, Sauber and Lotus are the most financially unstable teams and they have all asked Ecclestone that money due to them in April be released earlier. Due to the way prize money is distributed, cash flow can be a problem according to Lotus team principal Gerard Lopez. "The months of November, December and January are the worst," he said, "as during this phase of design and production you spend 43 per cent of your budget with nothing coming in from the outside." That's because...
Full Story »
Full Story »
11y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
F1 rejects 'semi-constructor' cost-saving proposal
A proposal to cut costs by changing the rules to allow for pooling of...
11y ago from GrandPrixTimes.com
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
11y ago from ThisIsF1.com
Early points unlikely for Force India – Perez
Force India's drivers are expecting a difficult start to the 2015 season....
11y ago from ThisIsF1.com
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Dani Pedrosa won't replace Maverick Vinales at Le...
No description available...
11h ago from Motorsport.com
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
16h ago from Motorsport.com
Andrea Iannone returns to MotoGP paddock in...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
11h ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
12h ago from MotorsportWeek.c...
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
1d ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
15h ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
6d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'I can tell you' – Journalist confirms Man...
Manchester United are currently leading the race to sign Atalanta’s...
4h ago from CaughtOffside.com
Player ratings: Arsenal 1-0 Atletico Madrid
Arsenal reached the Champions League final for the first time in 20 years...
4h ago from FreshArsenal.com
Alan Shearer reveals the one Arsenal tweak behind...
Viktor Gyokeres’ overall play as Arsenal’s focal point, both on and...
6h ago from CaughtOffside.com
Arsenal see off Atlético Madrid and feel gnawing fear...
newly found belief Mikel Arteta’s side have shown has now carried them...
5h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Christian Horner return welcomed as Newey...
Christian Horner has been given an open... Read More »
6h ago from GPFans.com
Adrian Newey builds rocket ship faster than any F1 car, but...
Adrian Newey's F1 genius has contributed to a... Read More »
8h ago from GPFans.com
Lewis Hamilton plays the 'shrimp', Aston Martin in 'a deep...
Last weekend's Miami Grand Prix saw Kimi... Read More »
6h ago from GPFans.com
