News Details
Teams prize money drops $45m under Liberty
Latest results reveal that the teams will receive $45m less in prize money than before Liberty Media bought the sport last year. The figures reveal that in the period April - June the teams received $307m in prize money which is down 7% on the same period last year. However, as Forbes reveals, contrary to some media reports, the teams haven't taken a $23m hit on 2017 as Liberty's documents clearly state that 'team payments are recognized pro rata with the number of races'. With 21 races this year, as opposed to 20 in 2017, the pro rata payment has reversed and as a result the total amount of prize money will in fact rise. Indeed, the total prize money of $921m is a $2m increase on 2017......
Full Story »
Full Story »
7y ago from Pitpass.com
0
You May Also Be Interested In...
Why three teams could cost Force India more than $100m
Force India's fall into administration has been well documented over...
7y ago from MotorsportWeek.com
Is F1 'more fun' under Liberty Media?
Chase Carey says Formula 1 races have become "more fun" in 2018...
7y ago from GPFans.com
Liberty Media "on the right path" to improve...
Liberty Media CEO Chase Carey has said that although it's too early to...
7y ago from GPBlog.com
Chase Carey: F1 is more fun in Liberty era
Chase Carey believes that Formula One has become more "fun"...
7y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez buries 10-year clash with Valentino...
No description available...
11h ago from Motorsport.com
Why Fabio Quartararo feels he needs to...
Fabio Quartararo is using the MotoGP winter break to recharge and...
12h ago from MotorsportWeek.c...
Fabio Quartararo rates his 2025 MotoGP campaign 5/10
No description available...
1d ago from Motorsport.com
MotoGP exploring options to return to China after...
MotoGP series promoter Dorna is reportedly considering a return to China...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
1d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
1d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai upgrading Rally2 car to “cover all bases”...
No description available...
9h ago from Motorsport.com
Why WRC drivers thought Rally Saudi Arabia was too...
No description available...
2d ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Merino and Saka down Brentford to restore Arsenal’s...
ight on from the chaos of Manchester City almost capitulating during <a...
3h ago from TheGuardian.com
Mikel Arteta opens up on double injury blow after...
Arsenal picked up a 2-0 win over Brentford in the Premier League earlier...
2h ago from CaughtOffside.com
Arsenal 2-0 Brentford, Leeds 3-1 Chelsea, and more:...
enal restored their five-point lead at the top of the table, while Leeds...
3h ago from TheGuardian.com
'Been way above the rest these last few games', 'Our...
Arsenal fans are in awe of Mikel Merino after the Spaniard's performance...
4h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton 2026 plans revealed by Sky Sports F1 insider
Lewis Hamilton is on the ropes after a disastrous... Read More »
4h ago from GPFans.com
What a prediction! Stunning Lando Norris prophecy emerges...
A crazy prediction involving McLaren title... Read More »
4h ago from GPFans.com
McLaren offer F1 lifeline to champion after confirming...
McLaren have handed an F1 lifeline to Italian... Read More »
4h ago from GPFans.com
