News Details
Smaller F1 teams to get ‘base payment’
Lotus team principal Gerard Lopez says smaller teams are set to receive a “base payment” to help solve the current financial issues within F1. Three teams – Lotus, Sauber and Force India – were very outspoken during the United States Grand Prix weekend about the need for change in the sport if more teams going in to administration is to be avoided. With Bernie Ecclestone admitting the latest issues are “probably my fault”, Lopez said talks with Ecclestone had yielded a positive proposal. "It can take various forms, but for sure the so-called smaller teams - one of my colleagues called it the racers versus the constructors, which I like much better because it is the truth -...
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