News Details
Whitmarsh: Majority of teams in 'survival mode'
McLaren team principal Martin Whitmarsh has warned that seven of the 11 teams on the grid are in "survival mode" due to the economy. Whitmarsh, who is also chairman of the Formula One Teams' Association (FOTA), is likely referring to Lotus, Sauber, Force India, Williams, Toro Rosso, Caterham and Marussia. Meanwhile Red Bull, Ferrari, McLaren and Mercedes enjoy significant financial backing from outside shareholders and large sponsors. The 54-year-old alluded to the current financial climate which is hurting those teams which rely heavily on sponsors, rather than manufacturer backing. "It's tough," he told the BBC. "We're in the world of advertising and you only...
Full Story »
Full Story »
12y ago from TheF1Times.com
0
You May Also Be Interested In...
Majority of teams struggling financially
By Editor on Friday, February 15, 2013 The majority of F1 teams are...
12y ago from F1Zone.net
'Teams facing tough financial future'
Martin Whitmarsh estimates that seven of the 11 Formula One teams are in...
12y ago from PlanetF1.com
Whitmarsh: F1 teams in 'survival mode'
McLaren boss Martin Whitmarsh says some teams on the grid are in 'survival...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Jacob Abel prioritizing IMSA effort but still desires...
No description available...
46m ago from Motorsport.com
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
36m ago from MotorsportWeek.c...
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
17h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
4h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
4d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
2h ago from CaughtOffside.com
Man United & Arsenal target is interested in a...
Sandro Tonali’s future is attracting attention ahead of the summer...
9h ago from CaughtOffside.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
10h ago from CaughtOffside.com
Manchester United and Arsenal interested in signing...
Manchester United and Arsenal are reportedly interested in former Chelsea...
8h ago from SportsKeeda.com
Comments
Hottest News
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
4h ago from GPFans.com
Montoya says Mercedes number one and asks questions of...
Heading to the desert Kingdom, Monotoya also... Read More »
1h ago from GrandPrix247.com
Antonelli unhurt in road accident while driving Mercedes...
19-year-old Italian, Antonelli, whose team start... Read More »
1h ago from GrandPrix247.com
