News Details

Money reason for Glock exit admit Marussia

21 January, 2013 Marussia on Monday admitted the need for money is behind the decision to part with the team's long-time lead driver Timo Glock. It is believed German Glock, 30, was being paid about EUR 3 million per season. Reportedly yet to agree a new Concorde Agreement deal with Bernie Ecclestone, and narrowly missing out on the lucrative tenth place in the 2012 constructors' championship, Marussia will almost certainly now replace Glock with a ‘pay driver'. 'The ongoing challenges facing the industry mean that we have had to take steps to secure our long term future,' team boss John Booth said in a media statement. 'Tough economic conditions prevail and the commercial landscape...
Full Story »
13y ago from YallaF1.com 0
Share

You May Also Be Interested In...

Timo Glock and Marussia Part Ways

Timo Glock and Marussia Virgin Racing have parted way after 3 years, A...
13y ago from F1.co.uk

Marussia confirms Glock's departure

Marussia has confirmed German driver Timo Glock is leaving the team ahead...
13y ago from AutoSport.com

Timo Glock set to leave Marussia

Timo Glock is set to leave Marussia after three years with the team....
13y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Enea Bastianini blasts MotoGP safety commission and...

Enea Bastianini has criticised the existing MotoGP safety commission by...
13m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar officiating board helps shape Push to Pass...

IndyCar’s new Independent Officiating Board has made one of its first...
20h ago from MotorsportWeek.c...

IndyCar expands Push to Pass availability

The NTT IndyCar Series has announced a change to the series’ Push to...
21h ago from MotorsportWeek.c...

Motorsport legend Alex Zanardi dies aged 59

Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...

Popular On TotalWRC.com

Popular On GunnersToday.com

Video: Diego Simeone walks on the Arsenal badge...

Atletico Madrid manager Diego Simeone has been filmed walking on the...
43m ago from CaughtOffside.com

Declan Rice wasted no time in taking a swipe at...

The Emirates Stadium was absolutely rocking on Tuesday night as Arsenal...
2h ago from CaughtOffside.com

Arsene Wenger highlights decisive factor in Arsenal's...

Former Arsenal manager Arsene Wenger has explained how the Gunners...
3h ago from CaughtOffside.com

'Arteta already deserves a statue' - UCL legend lauds...

Champions League winner Wesley Sneijder has showered praises on Arsenal...
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.