News Details

Todt bemoans F1 money split

FIA president Jean Todt says F1 must make rules which cannot be influenced by budgets as he is powerless to affect the amount the teams receive in commercial revenue. F1's financial deals are struck between the teams and the commercial rights holder which is fronted by Bernie Ecclestone. Todt feels the current structure reduces the competitiveness of the grid, but feels powerless to change it. "The FIA has nothing to do with that. It is a link to the teams, the manufacturers and the commercial rights holder," he said. "Clearly it is a question if you give to the richest the most money and you give to the poorest the least money guess what happens? But I know exactly where I...
Full Story »
10y ago from SkySports.com 0
Share

You May Also Be Interested In...

Todt says no FIFA style money shenanigans in the FIA

FIA president Jean Todt has moved to distance Formula 1's governing body...
10y ago from GrandPrix247.com

Todt says holding 21 races a 'privilege'

– FIA President Jean Todt has dismissed concerns that this year's...
10y ago from GPUpdate.net

Todt says 21-race F1 season a 'privilege'

– FIA President Jean Todt has dismissed concerns that this year's...
10y ago from GPUpdate.net

Pirelli expects teams to split tyre strategies in 2016

Pirelli's Motorsport Director Paul Hembery believe some teams will take...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals how Marco Bezzecchi pushed him...

Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...
16h ago from MotorsportWeek.c...

Francesco Bagnaia: MotoGP should hold a test before...

Francesco Bagnaia has called on MotoGP to hold a test before racing at a...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

“I really like Arsenal”: 11-G/A star issues...

Brazilian attacker Luiz Henrique has been linked with a move to Arsenal in...
8h ago from CaughtOffside.com

Liverpool in contact with reps of 40-G/A star as...

Real Madrid playmaker Arda Guler continues to be linked with a move away...
15h ago from CaughtOffside.com

Arsenal keen on signing teenage Bundesliga striker to...

Arsenal are allegedly interested in signing Bayer Leverkusen star...
15h ago from SportsKeeda.com

'I'm thinking about…' – Man United,...

Nottingham Forest central midfielder Elliot Anderson insists he's only...
23h ago from CaughtOffside.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.