News Details

Teams ‘screwed up’ by ditching unity in financial fight

F1 team bosses admitted that they had missed an opportunity to both contain the cost of competition and create a more equitable split of revenues simply because the remained rivals off the track. With the introduction of a new engine and drivetrain package for 2014 set to raise costs considerably, especially for those teams towards the rear of the grid, the push towards making the sport more affordable for all appears to have been abandoned, leaving those in charge to lament a lack of unity when it came to negotiating with both the FIA and rights holder CVC. Ironically, it was the governing body that had initially championed the crusade for lower financial burdens, only to propose the...
Full Story »
12y ago from Crash.net 0
Share

You May Also Be Interested In...

FIA get serious about cutting costs in F1

If you’ve ever created a personal budget, you know that cutting costs...
12y ago from Formula1Blog.com

Raikkonen left Lotus as he wasn't paid his salary

Kimi Raikkonen revealed that money trouble at Lotus was part of the...
12y ago from F1Pulse.com

Red Bull rejects Sauber proposal to cut testing and...

Red Bull rejects Sauber proposal to cut testing and save money 17...
12y ago from GrandPrix247.com

Raikkonen: Financial situation triggered Lotus exit

Lotus F1 Team Kimi Raikkonen says that financial issues triggered his...
12y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...
23h ago from MotorsportWeek.c...

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Oliver Solberg storms into Safari Rally Kenya lead

Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
16h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Chelsea plan ambitious transfer for Arsenal defender...

Chelsea are reportedly eyeing an ambitious move to sign Riccardo Calafiori...
1h ago from SportsKeeda.com

Sources on 'talks' as Arsenal battle with Man United...

Arsenal and Manchester United have both had some initial contacts over the...
1h ago from CaughtOffside.com

New twist as Man United join Arsenal in holding talks...

Manchester United are reportedly also in talks over a potential transfer...
2h ago from CaughtOffside.com

Home and away

Hi, good morning, how are you? I woke up, made coffee, gave Lana some pats...
2h ago from Arseblog.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.