News Details

Force India Reports Bernie to Help Small Teams

The financial plight of the smaller teams may be eased throughout the 2015 season with the help of Bernie Ecclestone, according to Force India's Bob Fernley. The previous two seasons have seen many reports of the smaller teams financial difficulties during the off season, as they suffer cash flow problems until the prize money is paid out. Lotus famously were unable to pay their 2013 driver Kimi Raikkonen and other teams also struggled to pay suppliers. 2014 saw Caterham and Marussia leave the grid. Lotus team principal, Gerard Lopez explained, The months of November, December and January are the worst as during this phase of design  and production you spend 43% of your budget with...
Full Story »
10y ago from FormulaSpy.com 0
Share

You May Also Be Interested In...

Ecclestone to assist small teams with advance payment

Bernie Ecclestone has reportedly agreed to assist the financially...
10y ago from GrandPrixTimes.com

Cash-flow crisis puts teams at risk for Melbourne

Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
10y ago from Motorsport.com

Force India VJM08 breaks cover at last

Force India has finally released a picture of its long-delayed 2015...
10y ago from GrandPrix247.com

Force India finally debuts 2015 challenger

Sutton Images Enlarge Force India's 2015 challenger made its...
10y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Casey Stoner slams MotoGP's new stability control...

Two-time MotoGP champion Casey Stoner has voiced his disapproval of...

Marc Marquez reveals ‘worry’ over Fermin Aldeguer...

Marc Marquez admits rookie Fermin Aldeguer was his biggest concern en...

Popular On IndyCarToday.com

MSR extends Marcus Armstrong contract for 2026 IndyCar...

Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Popular On TotalWRC.com

Popular On GunnersToday.com

PFA Premier League Team of the Year: Liverpool and...

Liverpool and Arsenal players dominate today's PFA Premier League Team of...
56m ago from CaughtOffside.com

Contract agreed: Arsenal star to sign new deal with...

Arsenal forward Leandro Trossard has reportedly agreed a new contract with...
1h ago from CaughtOffside.com

Ex-Gunner warns: 'Arsenal fans shouldn't expect'...

Former Arsenal winger Jermaine Pennant has warned the club's fans not too...
3h ago from CaughtOffside.com

Definitive Arsenal transfer update breaks after...

Ademola Lookman is currently considered unlikely to sign for Arsenal in...
6h ago from CaughtOffside.com

Comments

Hottest News

Sky Sports find Martin Brundle replacement

The Sky Sports F1 broadcast would be incomplete... Read More »
2h ago from GPFans.com

F1 legend reveals timeline for surprise Red Bull comeback

Red Bull could be set for a comeback to the top... Read More »
46m ago from GPFans.com

F1 boss 'embarrassed' after Schumacher gesture

Williams F1 boss James Vowles has recalled a... Read More »
1h ago from GPFans.com

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.