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 »
3y 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...
3y ago from TheF1Times.com

Bahrain Grand PrixView

Formula 1 heads back to Bahrain this weekend for the third round of this...
3y 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...
3y ago from Pitpass.com

Ecclestone confirms two teams to join F1 grid in 2015

Bernie Ecclestone in Bahrain Formula 1 supremo Bernie Ecclestone has...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Aragon: Win and championship lead for Marquez

Marquez was unstoppable in the Aragon MotoGP as Rossi comes home in fifth...
15h ago from BikeSportNews.com

MotoGP Aragon: Racing was ‘the right choice’ for...

Rossi takes fifth place at the Aragon MotoGP round, dealing with pain in...
8h ago from BikeSportNews.com

Márquez was 'fighting against bike' in race

– Marc Márquez says he was "fighting against the bike"...
14h ago from GPUpdate.net

Márquez fights back for Aragón victory

– Reigning World Champion Marc Márquez extended his title lead...
15h ago from GPUpdate.net

Popular On IndyCarToday.com

Ganassi Racing cuts more than 40 staff

Most everyone at Chip Ganassi Racing had heard for the past few weeks...
3d ago from Racer.com

PUMPELLY: The case against gravel

During the opening laps of the 1999 British Grand Prix, Michael...
2d ago from Racer.com

Boston GP organizer sues city for $15.5m

For a race that never actually took place, the Boston Grand Prix sure...
2d ago from Racer.com

Chip Ganassi Racing Down to Two Full-time Entries for...

Scott Dixon will only have one team-mate in 2018 after Chip Ganassi Racing...

Popular On TotalWRC.com

Loeb open to WRC return

Loeb open to WRC return Sébastien Loeb has hinted that he could make...
3d ago from WRC.com

WIN A CO-DRIVE WITH MADS ØSTBERG

WIN A CO-DRIVE WITH MADS ØSTBERG
2d ago from WRC.com

DMACK unveils new gravel tyre

New rubber for rounds in Spain, GB and Australia
2d ago from WRC.com

Spotlight: Nil Solans

Spotlight: Nil Solans What do the following WRC drivers have in common?...
1d ago from WRC.com

Popular On GunnersToday.com

Wenger unwilling to sacrifice any potential trophy

Arsenal manager Arsene Wenger has no plans to sacrifice any competition...
3h ago from SportsKeeda.com

Wenger sceptical about cryotherapy and the like before...

Arsène Wenger has questioned whether modern recovery treatments for...
7h ago from TheGuardian.com

Arsenal train before playing West Brom

We're back in Premier League action on Monday night, when West Bromwich...
13h ago from Arsenal.com

Mesut Ozil in full Arsenal training as ace ready to...

Alexis Sanchez and Mesut Ozil enjoy Arsenal training ahead of West Brom...
13h ago from Express.co.uk

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.