News Details

Liberty could scrap Ferrari's $100m bonus

Formula 1's soon-to-be-owners Liberty Media have warned that Ferrari could lose their automatic $100 million bonus. Formula 1's oldest marque, the only team to have competed in the championship since 1950, Ferrari enjoy of host of benefits that are written into the rules. The Scuderia not only have veto power but are handed a whopping $100 million annually just for turning up. That, though, could change under when Liberty Media take control as they seek to introduce fairer distribution of prize money. 'If you're Ferrari, you have enormous sponsorship revenue that goes directly to you,' Liberty chief executive Greg Maffei told Forbes. 'That's going to be impacted more positively by great...
Full Story »
9y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Liberty look to cut Ferrari's $100-million annual bonus

Formula 1's new owners Liberty Media are set to take on Ferrari by...
9y ago from GrandPrix247.com

Liberty takes aim at Ferrari's $100m bonus

 XPB Images Formula One's new owners Liberty Media Group are...
9y ago from F1i.com

Will Ferrari lose its $100m F1 bonus?

F1 News Will Ferrari lose its $100m F1 bonus? Ecclestone to step down as...
9y ago from Formula1Blog.com

Liberty considers cutting Ferrari's £80m bonus

This week Liberty Media's shareholders voted to take over F1 in a move...
9y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Kyle Kirkwood’s surprise lunge on Alex Palou...

Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
23h ago from MotorsportWeek.c...

Rough and tumble weekend dampens Josef Newgarden’s...

Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...

Popular On TotalWRC.com

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...
19h ago from MotorsportWeek.c...

Popular On GunnersToday.com

“Just not normal in football” - Kyle Walker on...

Burnley defender Kyle Walker has admitted it is horrific to play against...
2h ago from SportsKeeda.com

Frontrunners Arsenal face intense battle to sign...

According to Calciomercato, AC Milan and Inter Milan are actively...
3h ago from CaughtOffside.com

Not for sale: Arsenal intentions clear over the future...

Arsenal are reportedly standing firm over the future of Riccardo...
4h ago from CaughtOffside.com

Sources: Premier League clubs consider move for...

Arsenal youngster Myles Lewis-Skelly is approaching a pivotal moment in...
5h 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.