News Details
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow crisis', Bernie Ecclestone has reportedly responded. We reported on Sunday that, not including Manor's quest to return in 2015, multiple other teams are scrambling to find the money simply to line up on the Melbourne grid next weekend. 'The months of November, December and January are the worst,' said Lotus owner Gerard Lopez, 'as during this phase of design and production you spend 43 per cent of your budget with nothing coming in from the outside.' We reported that F1 supremo Ecclestone duly met late last week not only with Lopez but also representatives of the similarly-struggling Force India and Sauber teams. A voice...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Teams warn Ecclestone of cash flow crisis
Two weeks before the 2015 season begins, the shape of the grid remains...
9y ago from GrandPrix.com
Cash-flow crisis puts teams at risk for Melbourne
Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
9y ago from Motorsport.com
Nurburgring ready to lose money to save German GP
German Grand Prix organisers say they are ready to accept a financial loss...
9y ago from Motorsport.com
F1 Teams: Bernie we have cash flow problems
Two weeks before the 2015 Formula 1 world championship season begins, the...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
6h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
10h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
2h ago from Motorsport.com
Power “didn't have any defense” against Dixon due...
No description available...
3h ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
10h ago from MotorsportWeek.c...
Arrow McLaren confirms Pourchaire for Barber...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
1d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Manchester United, Arsenal dealt blow in pursuit of...
Premier League duo Manchester United and Arsenal suffer a blow in their...
1h ago from SportsMole.co.uk
Pochettino refuses to blame Chelsea players despite...
t;li>Chelsea lose 5-0 in their heaviest defeat against...
2h ago from TheGuardian.com
'This was men against boys' - Rio Ferdinand on...
No description available...
1h ago from SportsKeeda.com
Arsenal 5-0 Chelsea: Gunners' Player Ratings as...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Hamilton car camera captures Verstappen's TRUE feelings...
A touching moment at the Chinese Grand Prix... Read More »
7h ago from GPFans.com
Horner Red Bull saga in new 'evidence' update as big F1...
The Christian Horner saga rumbles on as Red... Read More »
2h ago from GPFans.com
F1 team 'set to announce MEGA signing' in major Red Bull...
Ferrari have already signed Lewis Hamilton for... Read More »
5h ago from GPFans.com