News Details

Force India Reports Bernie to Help Small Teams

The financial plight of the smaller teams may be eased throughout the 2015 season with the help of Bernie Ecclestone, according to Force India's Bob Fernley. The previous two seasons have seen many reports of the smaller teams financial difficulties during the off season, as they suffer cash flow problems until the prize money is paid out. Lotus famously were unable to pay their 2013 driver Kimi Raikkonen and other teams also struggled to pay suppliers. 2014 saw Caterham and Marussia leave the grid. Lotus team principal, Gerard Lopez explained, The months of November, December and January are the worst as during this phase of design  and production you spend 43% of your budget with...
Full Story »
11y ago from FormulaSpy.com 0
Share

You May Also Be Interested In...

Ecclestone to assist small teams with advance payment

Bernie Ecclestone has reportedly agreed to assist the financially...
11y ago from GrandPrixTimes.com

Cash-flow crisis puts teams at risk for Melbourne

Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
11y ago from Motorsport.com

Force India VJM08 breaks cover at last

Force India has finally released a picture of its long-delayed 2015...
11y ago from GrandPrix247.com

Force India finally debuts 2015 challenger

Sutton Images Enlarge Force India's 2015 challenger made its...
11y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

What is custom motorcycle paint in the racing world?

Custom paintwork involves decorating vehicles. There is the Californian...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power compares ‘military-like’ Andretti to...

When Will Power signed a contract to join Andretti Global for the 2026...

Popular On TotalWRC.com

Popular On GunnersToday.com

Episode 869 – The Box

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
46m ago from Arseblog.com

'There's no star player' – Jamie Carragher warns...

Liverpool great Jamie Carragher has warned Arsenal manager Mikel Arteta...
1h ago from SportsKeeda.com

Report: Liverpool, Man Utd & Chelsea hold firm...

Liverpool, Manchester United, and Chelsea are reportedly all keeping a...
3h ago from CaughtOffside.com

It's non-stop, there's no escape

Morning all. Why does everything beep these days? You know the way there...
4h ago from Arseblog.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.