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
Yamaha riders split over V4 engine debut in Misano...
Yamaha's MotoGP riders are split over the Japanese manufacturer's new V4...
17h ago from MotorsportWeek.c...
Why rescuing Francesco Bagnaia is no longer in...
No description available...
18h ago from Motorsport.com
Marc Marquez: Misano MotoGP victory was the...
Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
1d ago from MotorsportWeek.c...
Jack Miller fined for riding the wrong way after San...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
9h ago from Motorsport.com
IndyCar unveils a 17-race schedule for the 2026 season
No description available...
13h ago from Motorsport.com
IndyCar releases new-look 2026 IndyCar schedule
The 2026 schedule for the NTT IndyCar Series has been released, and it...
14h ago from MotorsportWeek.c...
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
1d ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
1d ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
2d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Athletic Bilbao 0-2 Arsenal: Champions League – as...
riel Martinelli and Leandro Trossard came off the bench to get Arsenal’s...
9h ago from TheGuardian.com
Watch: Gabriel Martinelli sets up Arsenal's second...
Arsenal are up against Athletic Club Bilbao in the UEFA Champions League...
10h ago from CaughtOffside.com
Gabriel Martinelli’s instant impact gives Arsenal...
;/p>“Impactors,” Mikel Arteta called them, and Gabriel Martinelli...
9h ago from TheGuardian.com
‘I adore Gabriel’: Arteta praises Martinelli and...
t;li>Arsenal manager says Brazilian fully deserved goal in BilbaoArteta...
8h ago from TheGuardian.com
Comments
Hottest News
F1 star hinted as 'IMMEDIATE' replacement for Kimi Antonelli
An immediate replacement for Kimi Antonelli at... Read More »
12h ago from GPFans.com
Oscar Piastri backed for F1 title success after Lando...
Oscar Piastri currently holds a healthy lead in... Read More »
23m ago from RacingNews365.com
Montoya: McLaren falling in love with Piastri but Norris is...
Former Formula 1 driver Juan Pablo Montoya... Read More »
13h ago from GrandPrix247.com
