News Details
Band-aids not enough to fix F1's cash problems
Kate Walker explains why Formula One must get serious about cost control, and quickly. When it comes to fixing problems, there are two approaches that can be taken: one can identify the root causes and work to ameliorate them, or one can simply stick on a Band-aid and hope for the best. Formula One is far better at the Band-aid option. While the global financial crisis that hit the bulk of the world in 2008 took a little longer to be felt inside the paddock, the sport's financial problems date back to the end of tobacco sponsorship, those fat times of plenty. The disappearance of the biggest source of sponsorship income did not happen overnight, of course. Those in charge of the sport...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
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 Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
10y ago from FormulaSpy.com
VIDEO: Hamilton wins BBC Sports Personality
Lewis Hamilton is voted the BBC Sports Personality of the Year 2014, after...
10y ago from BBC.co.uk
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash...
10y ago from GrandPrix247.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...
13h ago from MotorsportWeek.c...
Diogo Moreira to join Honda ahead of 2026 MotoGP debut
No description available...
12h ago from Motorsport.com
Marc Marquez reveals ‘worry’ over Fermin Aldeguer...
Marc Marquez admits rookie Fermin Aldeguer was his biggest concern en...
1d ago from MotorsportWeek.c...
Winners and losers from MotoGP's Austrian Grand Prix
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
1d ago from Motorsport.com
MSR extends Marcus Armstrong contract for 2026 IndyCar...
Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...
1d ago from MotorsportWeek.c...
Strongest season yet for Pato O’Ward has been...
Pato O’Ward is having the best IndyCar season of his career, and is...
3d ago from MotorsportWeek.c...
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
4d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
6d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.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...
7h ago from CaughtOffside.com
Contract agreed: Arsenal star to sign new deal with...
Arsenal forward Leandro Trossard has reportedly agreed a new contract with...
8h 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...
9h ago from CaughtOffside.com
Arsenal experts claims Gunners star has switched...
Leandro Trossard has been linked with a move away from Arsenal in recent...
13h ago from CaughtOffside.com
Comments
Hottest News
Sky Sports find Martin Brundle replacement
The Sky Sports F1 broadcast would be incomplete... Read More »
9h ago from GPFans.com
Fernando Alonso green lights F1 switch
Aston Martin F1 star Fernando Alonso says he... Read More »
17h 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 »
7h ago from GPFans.com
