News Details
$10m fund for 2010 new teams to end
By Editor on Monday, April 29, 2013 Bernie Ecclestone has said that Caterham and Marussia will no longer receive $10m on an annual basis.
The lump sum was paid to the three teams who joined the grid in 2010 but this has now ceased. Only the top 10 teams will receive money under the new proposed Concorde Agreement.
Marussia currently holds 10th place in the championship courtesy of Jules Bianchi's 13th place in Malaysia.
The two teams held unsuccessful merger talks over the winter.
Ecclestone also confirmed to The Daily Telegraph that he plans to float the sport on the Singapore stock exchange.
'We have agreed to do it. It will happen this year and it will be up and running. CVC is getting...
Full Story »
Full Story »
12y ago from F1Zone.net
0
You May Also Be Interested In...
F1 2013 – Prize money to only be paid to top 10 teams
Bernie Ecclestone has revealed only the top 10 constructors will receive a...
12y ago from F1.co.uk
Only top ten teams to receive prize money
Bernie Ecclestone has revealed that prize money will only be given to...
12y ago from GPUpdate.net
F1 prize money to be restricted to top ten
The team finishing last in the constructors' championship will no longer...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
12h ago from Motorsport.com
Pushing aero to the limit: The evolution of winglets...
No description available...
13h ago from Motorsport.com
Why the 2026 MotoGP season is shaping up to be a...
No description available...
17h ago from Motorsport.com
Toprak Razgatlioglu hailed as ‘Casey Stoner 2.0’...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Power completes “very good” first outing with...
No description available...
3h ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
14h ago from Motorsport.com
Jacob Abel moves from IndyCar to sports cars after one...
After one season competing in IndyCar, Jacob Abel will make a transition...
14h ago from MotorsportWeek.c...
GP of Arlington President Miller bullish over...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
12h ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
18h ago from Motorsport.com
Dakar 2026, Stage 4: Toyota’s Henk Lategan crushes...
No description available...
17h ago from Motorsport.com
Sebastien Loeb left “almost at a standstill” in...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'Completely stupid' – Thomas Frank slams 'sad'...
Tottenham manager Thomas Frank was not happy as he was asked about...
6h ago from CaughtOffside.com
Thomas Frank rubs salt into Spurs fans' wounds as he's...
Tottenham manager Thomas Frank has been spotted drinking from an...
7h ago from CaughtOffside.com
Mikel Arteta reveals 'phenomenal' behind-the-scenes...
Arsenal manager Mikel Arteta has heaped praise onto Eberechi Eze for the...
7h ago from CaughtOffside.com
Another PL club keen to sign Arsenal star amid Chelsea...
Arsenal are reportedly facing even more transfer interest in Ethan...
6h ago from CaughtOffside.com
Comments
Hottest News
'It looks like a Ferrari but probably goes faster!' Fans...
Fans of unusually-shaped confectionary, rejoice!... Read More »
7h ago from GPFans.com
Ford hint at remarkable Red Bull reveal as Christian Horner...
Keep up with all the biggest stories of the day... Read More »
8h ago from RacingNews365.com
Audi to surprise with lightning-fast debut of new F1 car
It appears as if the German manufacturing giant... Read More »
13h ago from RacingNews365.com
