News Details

F1 supremo admits EUR 15m ‘plan B’ for small teams

Bernie Ecclestone has admitted he devised a contingency plan for F1's most struggling teams. Earlier, amid Marussia and Caterham's decline and the similar financial issues of even bigger teams, it was reported that the F1 supremo was working on a ‘plan B'. It would involve a kind of ‘division two' on the grid, reportedly with smaller teams no longer building their own cars, but leasing a two-year-old Red Bull chassis powered by Mecachrome V8 engines at a cost of just EUR 15 million per year. But the reports a month ago said the proposal was rejected by top teams Ferrari, Mercedes and McLaren. Ecclestone confirmed: 'Some of the other teams are saying ‘Well, this isn't...
Full Story »
11y ago from ThisIsF1.com 0
Share

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

Ecclestone admits EUR 15m plan B for small teams

Bernie Ecclestone has admitted he devised a contingency plan for F1's most...
11y ago from GrandPrix.com

Symonds 'really pleased' to see Manor revival

Williams technical director Pat Symonds, who is a firm believer in small...
11y ago from GrandPrixTimes.com

Ecclestone offers cash advance for smaller F1 teams

Formula 1 supremo Bernie Ecclestone has offered advance revenue payments...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal could leapfrog Man United for Elliot Anderson...

Manchester United’s top summer transfer target, Elliot Anderson, has...
4h ago from CaughtOffside.com

Arsenal make first move for 17-goal star but Tottenham...

German striker Nicolo Tresoldi is a target for Arsenal and Tottenham ahead...
4h ago from CaughtOffside.com

Man United eye perfect Casemiro replacement with move...

Leon Goretzka has been heavily linked with a move away from Bayern Munich...
9h ago from CaughtOffside.com

Arsenal forward’s availability for Champions League...

Arsenal star Noni Madueke's availability is in doubt for the UEFA...
11h 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.