News Details
Force India’s Fernley slams CVC for milking F1
Force India's Fernley slams CVC for milking F1 14 March, 2013 A senior Force India team member has lashed out at Formula 1′s owner CVC, accusing the private equity firm of not being interested in developing the sport and in fact milking it for profit.
The financial news agency Bloomberg quoted deputy team boss Bob Fernley as saying new deals that give more money and power to the bigger teams are a 'disaster'.
'CVC is not interested in developing the sport, it's interested in making as much money as possible and then selling it,' he said. 'The income split doesn't support Formula 1.'
Many of Formula 1′s smallest teams are struggling, and former Renault boss Flavio Briatore told...
Full Story »
Full Story »
13y ago from YallaF1.com
0
You May Also Be Interested In...
F1 owner CVC not interested in developing sport
Force India has lashed out at F1's owner CVC, accusing the private equity...
13y ago from GrandPrix.com
Sutil 'ticked every box'
Force India deputy team principal Bob Fernley insists Adrian Sutil...
13y ago from PlanetF1.com
Force India: Sutil has learned from year out
Force India deputy team principal Bob Fernley says he feels that Adrian...
13y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Alex Rins reveals how Brazil MotoGP track conditions...
Alex Rins has suggested that the adverse track conditions at the...
1h ago from MotorsportWeek.c...
2026 MotoGP Americas Grand Prix – How to watch,...
No description available...
3h ago from Motorsport.com
Jorge Martin: "If I can be competitive at COTA, I...
No description available...
2m ago from Motorsport.com
Maverick Vinales still struggling with injury; to...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
14h ago from Motorsport.com
Andretti boss explains Will Power’s steep transition...
No description available...
18h ago from Motorsport.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
1d ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
19h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal 'sense' chance to beat Man City...
Arsenal “sense an opportunity” to get involved with one of the major...
1h ago from CaughtOffside.com
Formal approach prepared: Man Utd rival Arsenal for...
Manchester United are reportedly expected to make a formal approach for...
3h ago from CaughtOffside.com
Interlull round-up: Ireland go out, Gyokeres...
Morning all. It's a grey day here today. Not just in terms of the weather,...
3h ago from Arseblog.com
Man United plot shock raid on Premier League rivals...
Myles Lewis-Skelly has been linked with a move away from Arsenal at the...
15h ago from CaughtOffside.com
Comments
Hottest News
Formula 1 Japanese Grand Prix – FP2 Results
Australian Oscar Piastri rounded out Friday of... Read More »
3h ago from MotorsportWeek.com
Lewis Hamilton issues frank verdict as alarming Max...
Lewis Hamilton has had his say at the Japanese... Read More »
1h ago from RacingNews365.com
FIA announce Lewis Hamilton punishment verdict after Max...
The stewarding panel at the Japanese Grand Prix... Read More »
2h ago from GPFans.com
