News Details

Liberty considers cutting Ferrari's £80m bonus

This week Liberty Media's shareholders voted to take over F1 in a move which many see as being a new dawn for the sport. It might not appeal to everyone however, including Ferrari, as Liberty is considering chopping the Italian marque's prize money according to an article by Christian Sylt in US business magazine Forbes. F1's eleven teams received £732.7m ($903.8m) of prize money in 2015, according to the sport's latest accounts, but it isn't distributed evenly. The eleventh-placed team gets as good as nothing which is what fuelled the recent collapse of Manor. In contrast, Ferrari gets the greatest share of the spoils and took home an estimated £139m ($172m) in 2015 even...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ferrari could lose F1 money privileges, says Liberty

Formula 1’s future owners Liberty Media have dropped a hint that the...
9y ago from Motorsport.com

Ecclestone: My F1 future now in Liberty's hands

Formula 1 supremo Bernie Ecclestone has admitted that there are now no...
9y ago from Motorsport.com

FIA approves sale of F1 to Liberty Media

Liberty Media's takeover of Formula 1 was voted through unanimously by the...
9y ago from Motorsport.com

FIA approve sale of F1 to Liberty Media

F1 News FIA approve sale of F1 to Liberty Media McLaren in orange again?...
9y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Jonathan Rea explains why ‘mental management’ will...

Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

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...
4h ago from CaughtOffside.com

Arteta captivated, Arsenal confident of landing £40m...

Arsenal are interested in signing the Norwegian winger Jens Petter Hauge...
5h 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...
8h ago from CaughtOffside.com

Arsenal in the blood: how Max Dowman is related to...

istant relative found a family link to the football prodigy, as they are...
9h ago from TheGuardian.com

Comments

Hottest News

Tsunoda ‘not giving up’ on F1 as ‘anything can...

In the high-stakes, musical-chairs reality of the... Read More »
47m ago from F1i.com

What motorsport is on in April with no F1?

There won't be a race in Formula 1 this month,... Read More »
47m ago from RacingNews365.com

Lewis Hamilton and Max Verstappen withdraw help from F1 star

Lewis Hamilton and Max Verstappen are usually the... Read More »
6h ago from GPFans.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.