News Details

Ecclestone set to bring prize money release forward

Formula One supremo Bernie Ecclestone is set to bring forward a scheduled release of $30 million in prize money to help troubled teams, according to media reports. Multiple teams are scrambling to find the money simply to line up on the Melbourne grid next week, as the sport's heads continue to fail to agree on a plan to reduce costs. According to reports, Ecclestone has responded by vowing to bring forward the prize money owed to teams. The Times newspaper said the fast-forwarded payments - to be wired to the troubled teams in the coming days - should ensure they are able to "board the transport planes due to leave for Melbourne next weekend". "Bernie has promised support...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Ecclestone to assist small teams with advance payment

Bernie Ecclestone has reportedly agreed to assist the financially...
10y ago from GrandPrixTimes.com

Force India Reports Bernie to Help Small Teams

The financial plight of the smaller teams may be eased throughout the...
10y ago from FormulaSpy.com

Ecclestone ends ‘cash flow crisis’ for small teams

Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y ago from ThisIsF1.com

F1 rejects 'semi-constructor' cost-saving proposal

A proposal to cut costs by changing the rules to allow for pooling of...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Iowa – Race 2 Results

The second race of IndyCar’s double-header took place on Sunday...
12h ago from MotorsportWeek.c...

Palou returns to the top with Iowa Speedway victory

The second IndyCar race in as many days took place at Iowa Speedway on...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sevilla keen on signing 23-year-old Arsenal star in...

Sevilla are reportedly interested in signing Karl Hein from Arsenal this...
44m ago from SportsKeeda.com

Liverpool would have to pay £86m in order to beat...

Real Madrid have reportedly set an £86m (100 million) minimum price tag...
2h ago from CaughtOffside.com

Fabrizio Romano’s latest morning update is sure to...

Arsenal are on the verge of finalising the signing of Noni Madueke from...
1h ago from CaughtOffside.com

“The best”, “Top” - Moises Caicedo, Liam...

Robert Sanchez's Chelsea teammates have hailed to Spanish goalkeeper...
2h 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.