News Details
Marussia hurting due to loss of Formula 1 income
2 May, 2013 Pat Symonds
F1 veteran Pat Symonds has admitted Marussia's loss of Concorde Agreement revenue is really hurting the small team.
Formula 1 boss Bernie Ecclestone announced recently that, from now on, only the top ten finishers in the constructors' world championship will share the sport's commercial income.
Previously, under a scheme devised by former FIA president Max Mosley, the three newest teams Caterham, Marussia and now-defunct HRT received $10 million per year irrespective of their results.
But Ecclestone told Reuters the new arrangement is 'a bit more incentive' for Marussia to 'get going and get into the top ten.
'It's a bit like the football where you can go up and...
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10y ago from YallaF1.com
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