News Details
Formula 1 Teams See Costs Increase Under Liberty Media Ownership
The first year of Liberty Media ownership left Formula 1 teams more out of pocket than under Bernie Ecclestone's leadership, numbers have revealed. Though not entirely unexpected – both teams and circuits have been complaining of increasing costs for some time – Liberty say the cost of relocating to London, additional staff, and expenditure on fan-related activities (among other things) has increased the cost for teams by more than reduced payments. As well as rising costs, teams will also be hit with reduced payments from Formula 1. A pot of roughly $324.5 million is shared between teams equally based on their classification over two of the last three years. This money was...
Full Story »
Full Story »
7y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
F1 cost cap needs to be a joint Liberty, FIA solution...
McLaren executive director Zak Brown says if Formula 1 can install a cost...
7y ago from Crash.net
Liberty Media braced for bumpy road ahead
Liberty Media enjoyed plenty of goodwill from fans and across the paddock...
7y ago from GrandPrix247.com
Liberty facing bumpy road ahead
Liberty Media enjoyed plenty of goodwill after taking over Formula One...
7y ago from SuperSport.com
Liberty Media rule out 2019 Formula 1 calendar revamp
Liberty Media has abandoned plans to revamp the Formula 1 calendar for...
7y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
5h ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
9h ago from Motorsport.com
Dorna Sports unveils rebrand as part of MotoGP...
Dorna Sports has announced it will be officially known as MotoGP Sports...
9h ago from MotorsportWeek.c...
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
George Barber, founder of iconic IndyCar venue, passes...
Barber Motorsports Park has announced that founder of the iconic track...
44m ago from MotorsportWeek.c...
Understanding IndyCar's new deal with Chevrolet and...
No description available...
1d ago from Motorsport.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
5d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
2d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Contract stand-off alert: Arsenal smell opportunity as...
Arsenal are plotting an ambitious move to sign the PSG superstar Ousmane...
2h ago from CaughtOffside.com
'He’s got everything to suit the best clubs in...
Former Chelsea star Emmanuel Petit has urged Arsenal to sign Julian...
2h ago from SportsKeeda.com
Man United open internal talks to land 80m...
Igor Thiago continues to be linked with a move away from Brentford after...
3h ago from CaughtOffside.com
Arsenal get green light as 35-goal forward eyes summer...
Nico Williams has been linked with a move away from Athletic Club Bilbao...
1h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner F1 return ditched on eve of 2026 season
Christian Horner's F1 comeback has reportedly... Read More »
1h ago from GPFans.com
Crucial 2026 F1 power unit meeting date decided
With the March 1 engine homologation deadline... Read More »
1h ago from MotorsportWeek.com
Gasly tells F1 fans: Australian GP start will be ‘one to...
Alpine’s Pierre Gasly says F1 fans all over the... Read More »
1h ago from F1i.com
