News Details

Wolff agrees with performance-based prize money

Earlier this week, Bernie Ecclestone revealed that once the current agreement with the teams comes to an end in 2020, he would like to do away with the controversial bonuses paid to certain teams and follow the example of the Premier League, whereby the prize pot is shared equally. In addition to the percentage teams receive from the main prize pot, which was worth almost a billion dollars in 2015, four teams receive a special Constructors' Championship bonus. Then there are other bonuses such as the historic bonus paid to Ferrari, which has been a stalwart of the sport since its inception in 1950. However, the bonuses bear little relationship to teams standings in the championship,...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ecclestone looking to scrap team bonus payments

In a move that will surely result in similar angry fallout and division...
9y ago from Pitpass.com

Horner: Top F1 teams won't accept less prize money

Red Bull boss Christian Horner says top teams are unlikely to accept any...
9y ago from Motorsport.com

Wolff backs F1 performance-related payments

Formula One's future prize money structure should do away with special...
9y ago from SuperSport.com

Ecclestone wants to scrap team bonuses

Formula One's biggest teams could lose millions in bonus payments after...
9y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Felix Rosenqvist wins closest finish in Indianapolis...

The 110th running of the Indianapolis 500 took place Sunday, with a sold...
52m ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Tottenham survive, West Ham down, Bruno Fernandes...

So, that's it – after 38 games the Premier League season is done and...
4h ago from CaughtOffside.com

'Don't give him a PL medal', 'We're all drunk today' -...

Arsenal fans online were left disappointed with Gabriel Jesus's...
3h ago from SportsKeeda.com

'Again, at last!' | Arsenal ends 22-year wait to lift...

Arsenal lift the Premier League trophy after 22 years of waiting.
3h ago from SkySports.com

Comments

Hottest News

George Russell RETIRES from lead as Lewis Hamilton given...

George Russell retired from the Canadian Grand... Read More »
52m ago from GPFans.com

LIVE: 2026 F1 Canadian Grand Prix

Follow along with live coverage from Montreal of... Read More »
2h ago from RacingNews365.com

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.