News Details

Carey: New F1 teams “should be part of the sport, not a second-class citizen”

Formula 1 boss Chase Carey has said that new teams wanting to join the Formula 1 grid “should be part of the sport, and not a second-class citizen” with the change of financial regulations in 2021. Currently the prize money distribution for F1 teams include equal pay to all who finish in the top 10 in the constructors championship for two of the past three seasons. Haas was the most recent entry to the sport back in 2016 and finished eighth on 29 points but had to wait until the 2018 season to receive the Column-1 payment. But, along with the budget cap of $175m being introduced in 2021, the payment system is set for a change which will see the equal payment to top 10...
Full Story »
9mo ago from GPBlog.com 0
Share

You May Also Be Interested In...

Formula 1 wants 12 teams, but only if they can be...

Formula 1 should seek to expand to a 12-team grid, according to FIA...
9mo ago from MotorsportWeek.com

F1 chief adamant sponsor interest in series is growing

Formula 1 chief Chase Carey says the sport has rising interest from...
9mo ago from MotorsportWeek.com

Carey: Interest from sponsors on a 'steady rise'

Almost from the day Liberty Media took control of F1 in early 2017,...
9mo ago from Pitpass.com

Binotto: 2021 Formula 1 rules do not convince us 100%

Ferrari are still not happy with the 2021 Formula 1 World Championship...
9mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi: A shame, my mistake, championship still open

Valentino Rossi hopes of going one place better than last weekend and...
10h ago from Crash.net

Vinales eases to first MotoGP 2020 win in Emilia...

Maverick Vinales eased to a first MotoGP victory of 2020 by over two...
15h ago from MotorsportWeek.c...

Bagnaia: Lead crash in Emilia Romagna GP caused by...

Francesco Bagnaia believes his crash out of a commanding MotoGP Emilia...
12h ago from AutoSport.com

Popular On IndyCarToday.com

McLaughlin details ‘whirlwind’ IndyCar race week...

Scott McLaughlin has detailed what the week leading up to his IndyCar...
3h ago from SpeedCafe.com

Team Penske reveals McLaughlin livery for IndyCar debut

Team Penske has revealed the livery with which Scott McLaughlin will run...
3d ago from SpeedCafe.com

Popular On TotalWRC.com

Evans takes points lead after Rally Turkey victory

Elfyn Evans won a mad Rally Turkey on Sunday afternoon to reclaim the...
11h ago from MotorsportWeek.c...

Neuville takes Rally Turkey lead after dramatic...

Thierry Neuville thrived in Rally Turkey's gruelling conditions on...
17h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal midfielder reportedly very close to signing...

It looks like Arsenal need to sell some players before anyone else can...
9h ago from CaughtOffside.com

Gabriel Magalhaes moment in Arsenal's win has fans...

New Arsenal centre-back Gabriel Magalhaes is becoming a cult hero with...
10h ago from DailyStar.co.uk

Atletico Madrid 'in talks with Arsenal over Lucas...

Atletico Madrid are reportedly in talks with Arsenal over a possible deal...
5h ago from SportsMole.co.uk

Approach made: Arsenal make contact over potential...

Arsenal have reportedly asked about a potential transfer deal for...
16h 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.