News Details
Force India requests early prize money payment
Force India has requested an advance on their championship payments due to an expected cash short-fall during the winter off-season. Currently, the ten Formula 1 teams receive a monthly payout from Formula 1 Management (FOM) between the months of February and November. The payment schedule creates a large deficit in cash flow between December and January for many of the midfield and back marker teams, with all outfits coming under additional pressure from external suppliers to settle outstanding balances. With Caterham folding at the end of the 2014 season, and Manor’s near exit under the previous guise of Marussia last year, supplier have become less lenient with...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Force India seeks advance on payments
The Force India Formula One team have requested an advance on their 2016...
10y ago from SuperSport.com
Force India preview the Mexican Grand Prix
Force India preview the Mexican Grand Prix, Round 17 of the 2015 Formula...
10y ago from GrandPrix247.com
Mallya: Force India not maximising opportunities
Vijay Mallya believes his Force India team is still on the path to...
10y ago from Crash.net
Finding 2.5 seconds before 2016 is 'realistic' - Alonso
Fernando Alonso reckons McLaren and Honda have what it takes to close...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
7h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal to bid for game-changer forward after 10 goals...
Anthony Gordon has been linked with a move away from Newcastle United at...
7h ago from CaughtOffside.com
Arteta captivated, Arsenal confident of landing £40m...
Arsenal are interested in signing the Norwegian winger Jens Petter Hauge...
7h ago from CaughtOffside.com
Man United told they must 'overpay' after 'informal...
Myles Lewis-Skelly has been linked with a move away from Arsenal at the...
10h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso reveals adorable new baby name
Two-time F1 champion Fernando Alonso has revealed... Read More »
2h ago from GPFans.com
Aston Martin get F1 lifeline as FIA ruling gives crisis...
Further clarity has been offered on F1's new... Read More »
31m ago from GPFans.com
Lewis Hamilton and Max Verstappen withdraw help from F1 star
Lewis Hamilton and Max Verstappen are usually the... Read More »
8h ago from GPFans.com
