News Details

Ecclestone set to bring prize money release forward

Formula One supremo Bernie Ecclestone is set to bring forward a scheduled release of $30 million in prize money to help troubled teams, according to media reports. Multiple teams are scrambling to find the money simply to line up on the Melbourne grid next week, as the sport's heads continue to fail to agree on a plan to reduce costs. According to reports, Ecclestone has responded by vowing to bring forward the prize money owed to teams. The Times newspaper said the fast-forwarded payments - to be wired to the troubled teams in the coming days - should ensure they are able to "board the transport planes due to leave for Melbourne next weekend". "Bernie has promised support...
Full Story »
10y ago from Motorsport.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

Force India Reports Bernie to Help Small Teams

The financial plight of the smaller teams may be eased throughout the...
10y ago from FormulaSpy.com

Ecclestone ends ‘cash flow crisis’ for small teams

Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y ago from ThisIsF1.com

F1 rejects 'semi-constructor' cost-saving proposal

A proposal to cut costs by changing the rules to allow for pooling of...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
19h ago from MotorsportWeek.c...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
20h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He has struggled' – Arsenal legend tips club to...

Arsenal could end up selling left-back Myles Lewis-Skelly, according to...
2h ago from CaughtOffside.com

“Going to be pretty similar” - Michael Owen makes...

Michael Owen has made his prediction for Manchester United's upcoming...
4h ago from SportsKeeda.com

Gyokeres, Havertz and the Nwaneri loan move

Morning. I think we're all entitled to a relatively quiet day (in football...
3h ago from Arseblog.com

“I was traumatised” - Arsenal fan and NYC mayor...

Self-confessed Arsenal fan and New York City mayor Zohran Mamdani has...
4h 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.