News Details
Teams ‘nervous' about dwindling prize money
Former Caterham team principal Manfredi Ravetto says teams will receive far less prize money due to COVID-19 and are worried about it. Each team receives prize money at the end of a season based on where they finished in the Constructors' Championship, and it's a crucial part of their funding. Given this, Ravetto believes that there is concern throughout the grid over the fact that the numerous race cancellations in 2020 and other factors have apparently made the amount F1 can pay out smaller. “Due to the cancellation of many Grands Prix that pay big fees, and less income from sponsorship and merchandising, the prize pool that is available to the teams is less,” he told Formule 1's...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes pay price of success with less tunnel time
Mercedes, winners of the 2020 championship, are paying the price for last...
4y ago from PlanetF1.com
F1 announces it will be offering less in 2021
The 2021 F1 calendar start times have been published, with Grands Prix...
4y ago from TheParcFerme.com
F1 teams raise money with new Virtual Grands Prix...
The Virtual Grands Prix launched last year are returning. The series...
4y ago from GPBlog.com
Mick Schumacher unfazed by F1 spotlight
Mick Schumacher isn't worried about the attention that will be on him...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu gets first taste of MotoGP with...
No description available...
6h ago from Motorsport.com
Marco Bezzecchi "always believed" in Aprilia...
No description available...
5h ago from Motorsport.com
MotoGP Portuguese GP: Marco Bezzecchi powers to...
No description available...
10h ago from Motorsport.com
Marco Bezzecchi dominates in lights-to-flag Portimao...
Marco Bezzecchi led every lap of the Portimao MotoGP race as he cruised...
10h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
3d ago from MotorsportWeek.c...
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
3d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
6d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
10h ago from Motorsport.com
Ott Tanak retires from rallying
Ott Tänak, the 2019 World Rally Champion, announced after Rally Japan...
13h ago from MotorsportWeek.c...
WRC Rally Japan: Sebastien Ogier beats Elfyn Evans to...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Sunderland fight back with late Brobbey equaliser to...
be it should not have come as such a surprise that the team that was able...
2h ago from TheGuardian.com
Player ratings: Sunderland 2-2 Arsenal
Arsenal's winning streak ended with late drama at the Stadium of Light on...
4h ago from FreshArsenal.com
Wayne Rooney claims Spurs signing has been worse than...
Wayne Rooney was asked to rate new signings at top Premier League clubs in...
12h ago from CaughtOffside.com
Arsenal star Max Dowman makes UEFA Champions League...
Arsenal star Max Dowman became the youngest-ever player in the UEFA...
12h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri handed additional FIA punishment after...
The FIA have confirmed that Oscar Piastri has... Read More »
4h ago from GPFans.com
F1 2025 Brazil Grand Prix – Race Results
McLaren's Lando Norris has won the 2025 Sao... Read More »
5h ago from MotorsportWeek.com
2025 F1 championship standings after Brazilian Grand Prix
Check out the full F1 championship standings... Read More »
5h ago from RacingNews365.com
