News Details
'11th team to lose prize money'
Bernie Ecclestone is shaking up F1's $698.5m prize fund as no longer will the 11th team be paid a cent. At present the top ten teams in the Constructors' Championship split the prize fund. However, for the last three seasons those finishing outside the top ten have each received $10m as part of a deal. Ecclestone, though, has brought that deal to an end. While the payment clause for the $10m was included in the old Concorde Agreement, this season Ecclestone has signed separate commercial agreements with each team. The only team that doesn't have a deal is Marussia, who finished 11th last season. Speaking to the Daily Telegraph, the F1 supremo said "they don't have a commercial...
Full Story »
Full Story »
10y ago from PlanetF1.com
0
You May Also Be Interested In...
Ecclestone cuts prize money for 11th to zero
The team which finishes 11th in the constructors' championship will no...
10y ago from TheF1Times.com
11th placed team set to lose constructors' prize money
Formula One is set to undergo a dramatic change in the awarding of prize...
10y ago from RichlandF1.com
Ecclestone: F1 IPO is going ahead this year
Formula One's initial public offering (IPO) will definitely go ahead in...
10y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
13h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
17h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin issues statement following St. Pete...
No description available...
4h ago from Motorsport.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
4h ago from MotorsportWeek.c...
Full-time IndyCar move “an option” says supersub...
No description available...
7h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
15h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
18h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
16h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Transfer News Roundup: Gunners not eyeing...
No description available...
39m ago from SportsKeeda.com
Arsenal face huge Premier League competition for Real...
Whether or not Arsenal go on to win their first Premier League title in 20...
19m ago from CaughtOffside.com
'In that physical game, I didn’t want to' - Jurgen...
No description available...
39m ago from SportsKeeda.com
'Watched 5 minutes of yesterday's Arsenal game and...
No description available...
10h ago from SportsKeeda.com
Comments
Hottest News
Rosberg details uncompromising Mercedes crash policy
Nico Rosberg has revealed a policy from his time... Read More »
59m ago from RacingNews365.com
F1 News Today: Horner reveals Verstappen SECRET as team...
Red Bull continued their dominant start to the... Read More »
1h ago from GPFans.com
Ferrari announce DRASTIC change as Verstappen issues dire...
Roses are red, violets are blue, and now Ferrari... Read More »
7h ago from GPFans.com