News Details
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash flow crisis, Bernie Ecclestone has reportedly responded in an effort to prevent a crisis ahead of the season opener in Australia. We reported on Sunday that, not including Manor's quest to return in 2015, multiple other teams are scrambling to find the money simply to line up on the Melbourne grid next weekend. 'The months of November, December and January are the worst,' said Lotus owner Gerard Lopez, 'as during this phase of design and production you spend 43 per cent of your budget with nothing coming in from the outside.' We reported that F1 supremo Ecclestone duly met late last week not only with Lopez but also...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
11y ago from ThisIsF1.com
Cash-flow crisis puts teams at risk for Melbourne
Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
11y ago from Motorsport.com
F1 Teams: Bernie we have cash flow problems
Two weeks before the 2015 Formula 1 world championship season begins, the...
11y ago from GrandPrix247.com
Teams warn Ecclestone of cash flow crisis
Two weeks before the 2015 season begins, the shape of the grid remains...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Why Ducati stronghold Jerez presents Aprilia’s...
No description available...
20h ago from Motorsport.com
MotoGP star Pedro Acosta wants to keep racing beyond 35
No description available...
22h ago from Motorsport.com
Giacomo Agostini backs 2027 MotoGP rules: “Wings...
No description available...
1d ago from Motorsport.com
Nicolo Bulega: If no 2027 MotoGP move arrives, it's...
Nicolo Bulega believes that not securing a 2027 MotoGP ride wouldn’t be...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
15h ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
16h ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
16h ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
1d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
4d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
4d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Pitch Points: the pioneering Pellegrino Matarazzo, a...
world of soccer throws up no shortage of questions. Today, Graham Ruthven...
25m ago from TheGuardian.com
Report: Arsenal hold genuine interest in English...
According to Football London, Arsenal are now showing a very genuine...
2h ago from CaughtOffside.com
I don't want to throw it at the wall
Morning all. I don't know if this happened, but it wouldn't surprise if me...
2h ago from Arseblog.com
Merse: If Man City don't thrash Burnley, Arsenal are...
In his latest column, Sky Sports' Paul Merson says the Premier League...
2h ago from SkySports.com
Comments
Hottest News
Report cites ‘F1 driver' in Milan escort probe
Apr.22 An unnamed Formula 1 driver has been... Read More »
1h ago from OneStopStrategy.com
Red Bull urged to sign Mercedes star to stop F1 exodus
Numerous key F1 exits have plunged the Red Bull... Read More »
1h ago from GPFans.com
F1: Norris muzzled?
Journalist claims that interview with Lando... Read More »
35m ago from Pitpass.com
