News Details
Wolff: F1 can't carry on with high hosting fees
Mercedes team principal Toto Wolff has warned that the F1 can't continue its business model of demanding high fees for the circuits to host the race, as the Austrian claims that this idea is not sustainable. Wolff explained that sanction fees were a big part of the old F1's business model, but that this is no longer sustainable. “Sanction fees were one of the three key revenue generators in the old Bernie Formula One business model," Wolff told Reuters. "And he was exceptional at these deals. “I am not sure that is sustainable. “Bernie was squeezing the last cent out for the benefit of the shareholders and the teams but it left certain promoters in a...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
F1 race promoters want lower fees – Wolff
Toto Wolff says it is clear F1 race promoters want to renegotiate their...
7y ago from ThisIsF1.com
F1 race promoters stepping up efforts to reduce fees -...
Toto Wolff believes that in the future Formula 1 will no longer be able...
7y ago from F1i.com
F1 race promoters want lower fees - Wolff
May 27 Toto Wolff says it is clear F1 race promoters want to renegotiate...
7y ago from OneStopStrategy.com
Wolff 'disturbed' by FIA claims about Mercedes...
Mercedes boss Toto Wolff has labelled revelations that it was two Silver...
7y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
5d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Nashville – Qualifying Results
The final qualifying session of the 2025 IndyCar season took place on...
3h ago from MotorsportWeek.c...
Pato O’Ward powers to a blistering 202.621 mph pole...
No description available...
2h ago from Motorsport.com
O’Ward tops 202 MPH to take IndyCar pole in Nashville
The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...
3h ago from MotorsportWeek.c...
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier storms to WRC Rally Paraguay lead as...
No description available...
51m ago from Motorsport.com
Ogier leads as Rovanperä falls back in Paraguay
Sebastian Ogier and Vincent Landais led Rally del Paraguay after...
1h ago from MotorsportWeek.c...
M-Sport Ford team hits bedrock at WRC Rally Paraguay...
No description available...
4h ago from Motorsport.com
WRC Paraguay: Ott Tanak loses victory hopes, Kalle...
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
Slot’s revamped Liverpool are vulnerable in a way...
ury-hit Arsenal face an ill-at-ease champions struggling to fit the new...
51m ago from TheGuardian.com
Mikel Arteta admits Arsenal plan vs Liverpool will be...
Arsenal manager Mikel Arteta has admitted that he may have to field an...
1h ago from CaughtOffside.com
West Ham may have edge over Euro giants in race to...
West Ham United have reportedly joined the race for the potential transfer...
9h ago from CaughtOffside.com
Exclusive details on complicated structure of Piero...
Piero Hincapie is set to become an Arsenal player as there's an agreement...
12h ago from CaughtOffside.com
Comments
Hottest News
FIA issue Max Verstappen penalty verdict at Dutch GP
The FIA have announced their penalty verdict for... Read More »
6h ago from GPFans.com
Lewis Hamilton doomed after bleak Dutch GP prophecy
Lewis Hamilton may have little to celebrate at... Read More »
2h ago from GPFans.com
FIA issue punishment verdict after controversial incident...
The FIA race stewards have come to a decision... Read More »
2h ago from GPFans.com
