News Details

Ecclestone proposes 1m to whistleblowers

Bernie Ecclestone is proposing that a reward of 1 million should be given to anyone who comes forward with information of teams breaking the budget cap, which is set to be introduced from next year. The FIA announced in December that a cost cap will be introduced in Formula 1 from the start of 2015 in an attempt to stabilise and eventually lessen the amount of spending required in the sport. The cost cap, which is to be initially set at $200 million, is likely to be difficult to enforce, leading Ecclestone to propose a rewards system. "The plan under consideration is to give 1 million to any whistleblower whose knowledge is proved to be accurate," Ecclestone told The Daily...
Full Story »
12y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Ecclestone wants 1m whistleblower reward

Ecclestone has drastic plans in mind for the budget cap Sutton Images...
12y ago from espnF1.com

Haas set to meet next deadline for 2015 F1 entry

Haas set to meet next deadline for 2015 F1 entry 5 February, 2014 Gene...
12y ago from GrandPrix247.com

Haas to meet next deadline for 2015 entry

Despite Bernie Ecclestone's recent warning, Gene Haas is pushing ahead...
12y ago from GrandPrix.com

Ecclestone bets against his Munich trial happening

Ecclestone bets against his Munich trial happening 9 February, 2014...
12y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Guenther Steiner: MotoGP riders ‘need to be of a...

Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...

Popular On IndyCarToday.com

Andretti confirmed to field just three cars for Indy...

Andretti Global has confirmed that the team will only run three cars in...

Toby Sowery joins AJ Foyt Racing in IndyCar reserve...

AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...

Feature: RLL’s split fortunes in Barber highlight...

At the most recent IndyCar race from Barber Motorsports Park, Graham...

Popular On TotalWRC.com

Thierry on top in Croatia

Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
18h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Brazil International rejects Manchester United and...

Brazil international and Atalanta midfielder Ederson has reportedly...
41m ago from SportsKeeda.com

Perspective: 5 reasons Mikel Arteta sack would be a...

Nine points clear at the top of the table with six games left and Arsenal...
2h ago from CaughtOffside.com

“Apparently he’s the biggest leader since Lord...

Jan Age Fjortoft has slammed Arsenal star Declan Rice after the Gunners'...
2h ago from SportsKeeda.com

Sources: Liverpool & Chelsea have 'very concrete...

Liverpool and Chelsea are among the clubs preparing to make a move for one...
3h ago from CaughtOffside.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.