News Details
Liberty set to offer teams advance on payments after revenue drop
Liberty Media is set to offer Formula 1 teams an advance on payments in order to make up for a recent revenue shortfall, according to Red Bull chief Christian Horner. Sunday's Abu Dhabi Grand Prix marks the last race of Liberty's first full season running F1, having completed its $8.8 billion takeover in January. Investment from Liberty in areas such as infrastructure and marketing has resulted in a drop of revenue that was confirmed to investors earlier this month, leading to reduce pay-out to teams as a result. Related Articles LIVE: Abu Dhabi Grand Prix - FP3 Russell eager to keep working with Force India alongside F2 in 2018 Horner wants McLaren to reverse F1 veto on fin for 2018...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty Media offer cash advances to cushion blow to...
Commercial rights holder Liberty Media has offered Formula 1 teams cash...
8y ago from GrandPrix247.com
As revenues fall, Liberty offers teams interest-free...
As previously reported, in the nine months to September, the prize money...
8y ago from Pitpass.com
Analysis: Why F1's $43 million prize money drop has...
As their prize money income takes a major hit for the first time in recent...
8y ago from Motorsport.com
Horner wants McLaren to reverse F1 veto on fin for 2018
Red Bull team principal Christian Horner is eager to persuade McLaren to...
8y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Why Ducati had no doubt that Alex Marquez...
No description available...
10h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
14h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
17h ago from MotorsportWeek.c...
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
10h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
1d ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
13h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
16h ago from Motorsport.com
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
13h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal latest: 'Havertz return delayed after injury...
No description available...
6h ago from SkySports.com
Report: Arsenal and Man United go head-to-head over 25...
Manchester United and Arsenal are interested in signing the Olympiacos...
8h ago from CaughtOffside.com
'I actually think is a better player than Gyokeres' -...
Liverpool legend Jamie Carragher has boldly claimed that Gabriel Jesus is...
14h ago from SportsKeeda.com
Ian Wright says he would 'take' this disrespected Man...
Arsenal legend Ian Wright has slammed the way Manchester United handled...
13h ago from CaughtOffside.com
Comments
Hottest News
Ferrari reveals 2026 F1 launch plans with ‘spec A'...
Ferrari boss Fred Vasseur has revealed that the... Read More »
4h ago from MotorsportWeek.com
Charles Leclerc lets loose at Ferrari Christmas party
Ferrari F1 star Charles Leclerc has been pictured... Read More »
6h ago from GPFans.com
How much prize money will each F1 team receive from 2025?
As F1 prepares to head into a new era, Liberty... Read More »
16h ago from MotorsportWeek.com
