News Details

Ecclestone proposes 1m to whistleblowers

Bernie Ecclestone is proposing that a reward of 1 million should be given to anyone who comes forward with information of teams breaking the budget cap, which is set to be introduced from next year. The FIA announced in December that a cost cap will be introduced in Formula 1 from the start of 2015 in an attempt to stabilise and eventually lessen the amount of spending required in the sport. The cost cap, which is to be initially set at $200 million, is likely to be difficult to enforce, leading Ecclestone to propose a rewards system. "The plan under consideration is to give 1 million to any whistleblower whose knowledge is proved to be accurate," Ecclestone told The Daily...
Full Story »
3y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Ecclestone wants 1m whistleblower reward

Ecclestone has drastic plans in mind for the budget cap Sutton Images...
3y ago from espnF1.com

Haas set to meet next deadline for 2015 F1 entry

Haas set to meet next deadline for 2015 F1 entry 5 February, 2014 Gene...
3y ago from GrandPrix247.com

Haas to meet next deadline for 2015 entry

Despite Bernie Ecclestone's recent warning, Gene Haas is pushing ahead...
3y ago from GrandPrix.com

Ecclestone bets against his Munich trial happening

Ecclestone bets against his Munich trial happening 9 February, 2014...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Márquez finishes clear in second practice

eigning World Champion Marc Márquez finished comfortably clear of the...
58m ago from GPUpdate.net

Smith poised to return from injury at TT

radley Smith says he is ready to return to action at this weekend's Dutch...
58m ago from GPUpdate.net

MotoGP Assen: Friday practice times and results

Times and results from Friday's MotoGP, Moto2 and Moto3 free practice...
28m ago from BikeSportNews.com

MotoGP Assen: Vinales to use new Yamaha chassis this...

Vinales likes the braking and steering on the new frame, so will use it at...
15h ago from BikeSportNews.com

Popular On IndyCarToday.com

Aleshin working to resolve visa issues

– Mikhail Aleshin is in a race against time to compete at this...
1h ago from GPUpdate.net

Visa issues sideline Aleshin at Road America

Russian IndyCar driver Mikhail Aleshin will miss at least the opening...
8h ago from SpeedCafe.com

IndyCar preparing for first 2018 bodywork tests

IndyCar is closing in on the names of the drivers and teams that will...
16h ago from Racer.com

Gutierrez confirmed at Coyne for remainder of 2017

Mexico will have a presence on the grid for the remainder of the season...

Popular On TotalWRC.com

Poland countdown 2016 Rewind

Poland countdown2016 Rewind We start preparations for ORLEN 74th Rally...
17h ago from WRC.com

Suninen eyes top six

Suninen eyes top six World Rally Car debutant Teemu Suninen believes a...
20h ago from WRC.com

Dirt 4 Review Part 1: The 'Feeling'

We're currently in a bit of a lull as far as the WRC is concerned. Now...

2017 Rally Italia Sardegna: Analysis – Another...

2017 brings us yet another first time winner and another victory for...
23h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Barcelona end Hector Bellerin pursuit: Spanish giants...

GETTY Barcelona have been forced to turn their attention to Nelson Semedo...
2h ago from DailyStar.co.uk

Arsenal will challenge for the league if they repeat...

Arsenal finished the Premier League campaign in fifth place, outside the...
2h ago from Express.co.uk

How could Arsenal line up?

Arsene Wenger is preparing for his 22nd season in charge of Arsenal having...
3h ago from SkySports.com

13 Premier League players who could miss the start of...

HICH Premier League players could miss the start of the 2017/18 season due...
1h ago from DailyStar.co.uk

Comments

Hottest News

Ferrari takes engine upgrade for Azerbaijan GP

Ferrari is taking an engine upgrade to this... Read More »
17h ago from ThisIsF1.com

FIA tightens F1 oil-as-fuel restrictions

Ahead of this weekend's Azerbaijan Grand Prix,... Read More »
1h ago from F1i.com

Hamilton: Bottas has earned 2018 stay

Lewis Hamilton believes that new team-mate... Read More »
48m ago from GPUpdate.net

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.