News Details

Crisis? What crisis? F1 digs head in the sand

Formula 1 is a money drain Talk of financial crisis in Formula 1 is nothing new but the absence of back-markers Caterham and Marussia from this week's United States Grand Prix after they went into administration has concentrated minds. For the first time since 2005, there will be only nine teams in the paddock and some of them are competing in straitened circumstances. It is a long-standing joke that the best way to make a small fortune in Formula 1 is to start with a large one, but securing even a basic budget is proving increasingly difficult in a sport that burns through cash at eye-watering speed. Sauber have made no secret of their problems while Force India owner Vijay Mallya...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Marussia out of US GP as team enters Administration

The Marussia F1 Team have become the second Formula 1 team to enter...
11y ago from TheCheckeredFlag....

Formula 1 set for three-car teams as crisis looms large

Three car teams might become a reality in 2015 Formula 1 is...
11y ago from GrandPrix247.com

Formula One's chickens come home to roost

Talk of financial crisis in Formula One is nothing new but the absence...
11y ago from SuperSport.com

Marussia in administration

Marussia have entered administration and will miss this weekend's United...
11y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

MotoGP confirms Aragon to remain on calendar for 2027...

MotoGP has announced that Motorland Aragon will host a race in 2027,...

Popular On IndyCarToday.com

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Josef Newgarden did not know Christian Rasmussen...

Josef Newgarden won Sunday night’s thriller at World Wide Technology...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's been a warrior', 'Heroic shift from him' - Fans...

Fans on social media have lauded Sead Kolasinac after he registered a...
15m ago from SportsKeeda.com

David Ornstein drops double Arsenal transfer update as...

David Ornstein has reported that Arsenal are exploring a potential 40m...
1h ago from CaughtOffside.com

Arsenal star in advanced talks to join Turkish giants...

Arsenal star Leandro Trossard is reportedly in advanced talks to join...
6h ago from SportsKeeda.com

Manchester United have overtaken Arsenal in race to...

Manchester United have reportedly leapfrogged Premier League champions...
7h ago from SportsKeeda.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.