News Details

Lopez: Smaller teams to get base payment

– Lotus boss Gérard Lopez says the smaller teams in Formula 1 are to get a "base payment" to ensure their survival.The news comes after Lotus, Force India and Sauber threatened a boycott ahead of the United Sates Grand Prix, unhappy with the unequal distribution of the prize money.That threat followed the demise of minnows Caterham and Marussia, with both recently placed into administration."I think there is a way to solve this crisis, probably even to get to a proposal before Brazil, in which case I do not see the point in doing anything drastic," Lopez told reporters."I know CVC [Formula 1's owners] and Bernie [Ecclestone] have been looking at this. It is...
Full Story »
11y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Lopez: Survival of small F1 teams requires a bit of...

Gerard Lopez seeks an amicable resolution to the cash crisis in F1 Formula...
11y ago from GrandPrix247.com

Smaller teams closing on revenue break, but big...

+ Formula 1’s smaller teams could be set for a ‘base payment’ to...
11y ago from RichlandF1.com

Smaller F1 teams to get ‘base payment’

Lotus team principal Gerard Lopez says smaller teams are set to receive a...
11y ago from Crash.net

F1 in talks over resolution to financial crisis

A deal to help safeguard the future of Formula 1’s smaller operations...
11y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

How the 2027 MotoGP grid is shaping up

No description available...
1d ago from Motorsport.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...

Popular On IndyCarToday.com

IndyCar Arlington – Qualifying Results

25 IndyCar drivers took to the track Saturday afternoon to decide the...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Carnage in Kenya

Saturday in Kenya saw one of the most dramatic days in recent Safari...
16h ago from MotorsportWeek.c...

Popular On GunnersToday.com

David Beckham's message to personal trainer after...

Arsenal legend Thierry Henry was left amused after Manchester United icon...
37m ago from SportsKeeda.com

Sources: Arsenal and Liverpool 'closely monitoring'...

Lewis Hall is regarded as one of Newcastle United’s most important...
1h ago from CaughtOffside.com

Arsenal 2-0 Everton: Premier League – as it happened

Dowman came on to rescue the Gunners and become the youngest scorer in...
10h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.