News Details

Force India blame Red Bull for F1's financial plight

Force India deputy team principal Bob Fernley has placed the blame on Red Bull's doorstep for Formula 1's current financial plight which has seen teams dropping out and struggling to pay their bills. Speaking on Friday, Fernley said Red Bull's deal with Bernie Ecclestone - which saw them make a private financial deal with CVC - and their exit from the Formula One Teams' Association (FOTA) was "where the problems started". That led to the eventual collapse of FOTA. "I think that a few years ago we had FOTA operating in a very good way," explained Fernley. "It was a consolidated approach, it was well stewarded by [former McLaren team principal] Martin Whitmarsh, we...
Full Story »
Share

You May Also Be Interested In...

Hamilton amused by Red Bull's equalisation complaints

Lewis Hamilton says complaints and calls for equalisation from Red Bull...
9y ago from GrandPrixTimes.com

Mercedes tried to save German GP

Mercedes offered a 'significant contribution' to save the German Grand...
9y ago from PlanetF1.com

Mercedes offered to cover half German GP losses

Mercedes-Benz, owner of the Mercedes AMG F1 Team, offered to cover half...
9y ago from GrandPrixTimes.com

Mercedes Cash Offer to Save German GP Rejected

After the confirmation that the German Grand Prix will not be held, due...
9y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...
10h ago from MotorsportWeek.c...

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Neuville and Evans tied to a tenth!

Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...

Popular On GunnersToday.com

Aston Villa line up summer move for £60m Chelsea flop

Aston Villa are targeting a new left-back this summer and Chelsea's Marc...
7h ago from CaughtOffside.com

Mikel Arteta says it is 'too soon' for £38m defender...

Arsenal manager Mikel Arteta has provided an injury update on summer...
8h ago from CaughtOffside.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.