News Details

F1 teams must 'bide time' on prize money reform

Williams believes that the sport's independent teams must 'bide their time' until 2020 before they can expect a fairer distribution of Formula 1's commercial revenue. Despite its recent on-track success having helped Williams deliver a marginal profit in 2015, the team is well aware that F1 remains a financial challenge, and big-spending manufacturers are able to throw more money at being successful. The situation for independent teams like Williams is further not helped by a skewed prize money structure that ensures that bigger outfits like Ferrari and Mercedes gain more income simply because of their historical contribution. It is a system that has prompted complaints to the EU from...
Full Story »
9y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Independent F1 teams must "bide their time"...

Williams believes that the sport's independent teams must 'bide their...
9y ago from Motorsport.com

F1 teams’ prize money revealed

Four Formula One teams earned more than $140 million in prize money in...
9y ago from ThisIsF1.com

REVEALED: F1 team's price money

The Prize Money for all teams who competed in the 2015 Formula 1 season...
9y ago from F1Hub.net

Bernie Ecclestone confirms talks with EU competitions...

Formula One Management chief executive Bernie Ecclestone has confirmed...
9y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Fermin Aldeguer to miss MotoGP season opener in...

Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
18h ago from MotorsportWeek.c...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
11h ago from MotorsportWeek.c...

IndyCar announces multi-year extension with engine...

The NTT IndyCar Series has announced a long-term continuation with both...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

“They just keep throwing City a bone, don’t...

Former Chelsea midfielder Craig Burley believes Arsenal are dropping too...
33m ago from SportsKeeda.com

Brentford 1-1 Arsenal: Glad of a point, frustrated by...

Match report – Player ratings – Arteta reaction – Quotes...
33m ago from Arseblog.com

Talks held: Tottenham lead race to sign 12 G/A...

Tottenham are reportedly showing the strongest interest in Christian...
33m ago from CaughtOffside.com

“It’s always like this” - Arsenal boss Mikel...

Arsenal manager Mikel Arteta has shared his thoughts on struggling star...
2h ago from SportsKeeda.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.