News Details
Teams ‘screwed up’ by ditching unity in financial fight
F1 team bosses admitted that they had missed an opportunity to both contain the cost of competition and create a more equitable split of revenues simply because the remained rivals off the track. With the introduction of a new engine and drivetrain package for 2014 set to raise costs considerably, especially for those teams towards the rear of the grid, the push towards making the sport more affordable for all appears to have been abandoned, leaving those in charge to lament a lack of unity when it came to negotiating with both the FIA and rights holder CVC.
Ironically, it was the governing body that had initially championed the crusade for lower financial burdens, only to propose the...
Full Story »
Full Story »
You May Also Be Interested In...
FIA get serious about cutting costs in F1
If you’ve ever created a personal budget, you know that cutting costs...
11y ago from Formula1Blog.com
Raikkonen left Lotus as he wasn't paid his salary
Kimi Raikkonen revealed that money trouble at Lotus was part of the...
11y ago from F1Pulse.com
Red Bull rejects Sauber proposal to cut testing and...
Red Bull rejects Sauber proposal to cut testing and save money 17...
11y ago from GrandPrix247.com
Raikkonen: Financial situation triggered Lotus exit
Lotus F1 Team
Kimi Raikkonen says that financial issues triggered his...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir reveals ‘realistic position’ for Honda...
Joan Mir revealed his sixth-place in Sunday’s Austrian MotoGP race was...
18h ago from MotorsportWeek.c...
Francesco Bagnaia ‘running out of patience’ with...
Francesco Bagnaia revealed it is “difficult to explain” his 2025...
22h ago from MotorsportWeek.c...
Casey Stoner slams MotoGP's new stability control...
Two-time MotoGP champion Casey Stoner has voiced his disapproval of...
1d ago from MotorsportWeek.c...
Diogo Moreira to join Honda ahead of 2026 MotoGP debut
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
16h ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
17h ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
2d ago from Motorsport.com
MSR extends Marcus Armstrong contract for 2026 IndyCar...
Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
6d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal agree deal to sign Eze after hijacking Spurs...
Arsenal have agreed a £67.5m deal to sign Eberechi Eze after...
1h ago from SkySports.com
Arsenal plotting move for Bayern Munich target after...
Arsenal are reportedly plotting a surprise move to sign Bayern Munich...
1h ago from SportsKeeda.com
From France: Arsenal eyeing 40m attacker signing...
Arsenal are reportedly alongside Bayern Munich in eyeing up a potential...
1h ago from CaughtOffside.com
How to replace Havertz? Eze does it …
Morning. Wednesday August 20th might go down as one of the days Arsenal...
2h ago from Arseblog.com
Comments
Hottest News
Ferrari have F1 star identified to replace Lewis Hamilton
Lewis Hamilton's Ferrari F1 career has been... Read More »
1h ago from GPFans.com
Christian Horner given TWO options for F1 return
Sacked Red Bull team principal Christian Horner... Read More »
2h ago from GPFans.com
Toto Wolff makes Lewis Hamilton prediction after dismal...
The.Mercedes boss has a firm prediction about his... Read More »
3h ago from RacingNews365.com
