News Details

Formula One: An Embarrassment of Riches?

Despite Formula One racking up profits reaching over £300 million over the last year, 2013 saw both the Lotus and Sauber teams in a public battle for financial survival. How is it that teams in a sport so flush are forced to fight to survive financially? Does Formula One still remain financially viable for privateer teams in 2014? Dan Paddock investigates. When the commercial rights holder of Formula One, CVC, reports earnings of over £500 million, £300 million of that believed to be profit, over the last financial year, one feels pressed to ask how it is that the very same week, Marussia, a team entering its fifth year in the sport can post a record loss of £59 million. Is it...
Full Story »
9y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Two new teams for 2015 claims Ecclestone

The Formula 1 grid could expand to 13 teams in 2015 after Bernie...
9y ago from TheF1Times.com

Bahrain Grand PrixView

Formula 1 heads back to Bahrain this weekend for the third round of this...
9y ago from F1Zone.net

F1 in rare bow to public pressure

In a shock move, F1's powers that be appear to have bowed to public...
9y ago from Pitpass.com

Ecclestone confirms two teams to join F1 grid in 2015

Bernie Ecclestone in Bahrain Formula 1 supremo Bernie Ecclestone has...
9y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal and Manchester United keen on French defensive...

Arsenal and Manchester United are always on the lookout for prospects who...
1h 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.