News Details
Teams receive last of their 2013 prize money
Amidst talk of a cash advance to F1's struggling teams it has been revealed that the last of the 2013 prize money was only paid last week. F1 company documents reveal that “payments of the prize fund are made on the last business day in every month of the world championship season (March to November), with the final payment in respect of each year being made on the last business day of the following February.” With the start of the 2015 season just over a week away, this means that the teams received their final payment last Friday. In 2013 the prize fund totalled £518m and the final instalment is usually around 10 per cent, meaning that last week's pay out came to around...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
Ecclestone set to bring prize money release forward
Formula One supremo Bernie Ecclestone is set to bring forward a scheduled...
11y ago from Motorsport.com
Team to receive advance on prize money
It is understood that a number of teams are to be advanced their prize...
11y ago from Pitpass.com
Ecclestone to assist small teams with advance payment
Bernie Ecclestone has reportedly agreed to assist the financially...
11y ago from GrandPrixTimes.com
Force India Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
11y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
19h ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
1d ago from MotorsportWeek.c...
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
1d ago from Motorsport.com
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
1d ago from Motorsport.com
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...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
2d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Hyundai closes in on first win to end...
No description available...
9h ago from Motorsport.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
12h ago from MotorsportWeek.c...
WRC Croatia: Puncture chaos hands Thierry Neuville...
No description available...
12h ago from Motorsport.com
WRC Croatia: Adrien Fourmaux crashes out as Sami...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Talks held: Arsenal & Liverpool involved in race...
Arsenal and Liverpool are reportedly among the clubs to have been...
44m ago from CaughtOffside.com
Player ratings: Arsenal 1-2 Bournemouth
Arsenal were dismal in defeat as they hosted Bournemouth in the lunchtime...
8h ago from FreshArsenal.com
'It’s a big problem' - Former Premier League star...
Former Premier League player, Yannick Bolasie, has slammed Arsenal duo,...
7h ago from SportsKeeda.com
Talks ongoing for months as Arsenal look to snap up...
AS Monaco attacker Maghnes Akliouche has been linked with a move away from...
11h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton counters Max Verstappen attacks over 2026 F1...
A difference of opinion from Lewis Hamilton and... Read More »
1h ago from RacingNews365.com
Max Verstappen tipped for shock F1 switch as Mercedes...
Max Verstappen could leave Red Bull in a direct... Read More »
34m ago from RacingNews365.com
F1 News Today: Red Bull exodus continues, Adrian Newey...
McLaren F1 boss Zak Brown has officially welcomed... Read More »
14m ago from GPFans.com
