News Details
Ecclestone set to bring prize money release forward
Formula One supremo Bernie Ecclestone is set to bring forward a scheduled release of $30 million in prize money to help troubled teams, according to media reports. Multiple teams are scrambling to find the money simply to line up on the Melbourne grid next week, as the sport's heads continue to fail to agree on a plan to reduce costs. According to reports, Ecclestone has responded by vowing to bring forward the prize money owed to teams. The Times newspaper said the fast-forwarded payments - to be wired to the troubled teams in the coming days - should ensure they are able to "board the transport planes due to leave for Melbourne next weekend". "Bernie has promised support...
Full Story »
Full Story »
11y ago from Motorsport.com
0
You May Also Be Interested In...
Ecclestone to assist small teams with advance payment
Bernie Ecclestone has reportedly agreed to assist the financially...
11y ago from GrandPrixTimes.com
Force India Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
11y ago from FormulaSpy.com
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
11y ago from ThisIsF1.com
F1 rejects 'semi-constructor' cost-saving proposal
A proposal to cut costs by changing the rules to allow for pooling of...
11y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia “got the short straw” after...
No description available...
4h ago from Motorsport.com
Raul Fernandez signs two-year extension with...
Raul Fernandez has confirmed he will remain with the Trackhouse MotoGP...
7h ago from MotorsportWeek.c...
Trackhouse announces Raul Fernandez's contract renewal...
No description available...
9h ago from Motorsport.com
KTM replaces Maverick Vinales with Pol Espargaro for...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exceptional build quality noted in first test runs of...
This past weekend, the first high-speed tests of IndyCar’s future IR-28...
1h ago from MotorsportWeek.c...
Silly season’s forgotten man, Callum Ilott pushing...
No description available...
14m ago from Motorsport.com
Freedom 250 Grand Prix extended to full 250-mile race...
No description available...
1d ago from Motorsport.com
Alexander Rossi describes ‘really rewarding’ first...
Alexander Rossi spent much of the day on Saturday shaking down the brand...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
'I saw him lie down and pass out' - Julien Ingrassia...
No description available...
1d ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1d ago from Motorsport.com
Sebastien Ogier plans to contest all remaining WRC...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal prepare first offer for Vinicius Jr, details...
Arsenal are preparing their opening offer to sign Vinicius Jr as they wish...
1h ago from SportsKeeda.com
What Andrea Berta has told Arsenal players about...
Arsenal players are reportedly confident of signing Vinicius Junior after...
3h ago from CaughtOffside.com
Manchester United given update amid surprise interest...
Manchester United have reportedly learned that Arsenal will not be...
3h ago from CaughtOffside.com
Comments
Hottest News
Briatore questions Alpine’s results: ‘Why are we not...
Flavio Briatore is not a man accustomed to... Read More »
1h ago from F1i.com
F1 champion reveals what went through his mind during...
Two-time F1 world champion Mika Hakkinen has... Read More »
1h ago from GPFans.com
Exclusive: Honda 'proud' of F1 recovery after 'big shock'...
Honda trackside manager and chief engineer... Read More »
1h ago from RacingNews365.com


























