News Details

Profits beckon for all F1 teams: 'I wouldn't sell a team now!'

Liberty Media and the FIA have done a lot in recent years to make the sport cheaper and more popular. Toto Wolff says that has clearly had an effect, meaning all teams will soon be profitable. To maintain a Formula 1 team you need a lot of capital. It's certainly no guarantee for teams that they will earn their investment back. That's why we've seen many teams go under in the past, most recently Manor. Since Liberty Media has been at the helm however, much has been done, together with the FIA and the teams, to make Formula 1 cheaper and more popular. Those measures have clearly had an effect, according to Toto Wolff. "It's a very good time for Formula 1 at the moment, because the...
Full Story »
2y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Wolff sees positive growth for F1: 'Almost all teams...

Liberty Media and the FIA have done a lot in recent years to make the...
2y ago from GPBlog.com

Marko on meeting Newey: 'Seeing an effect of the...

Red Bull Racing was not entirely satisfied after the Turkish Grand Prix....
2y ago from GPBlog.com

Red Bull has analysed problems: 'Changes made have an...

Red Bull Racing was not entirely satisfied after the Turkish Grand Prix....
2y ago from GPBlog.com

Red Bull has analysed problems: 'Changes made have an...

Red Bull Racing was not entirely satisfied after the Turkish Grand Prix....
2y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Bagnaia ‘raced in defence' in COTA with Ducati...

Ducati rider Francesco Bagnaia says he was forced to be in a 'race...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Dale Coyne brings in Harvey for additional race in...

Dale Coyne Racing has confirmed that Jack Harvey will be driving for the...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

50 years of the ‘Queen of Speed’ Michele Mouton

It has been 50 years since the ‘Queen of Speed’ Michele Mouton debuted...

Popular On GunnersToday.com

Thomas Tuchel confirms double Bayern Munich injury...

Thomas Tuchel confirms that Bayern Munich will be without two key...
56m ago from SportsMole.co.uk

Arsenal to take steps soon in bid to beat Chelsea to...

Arsenal are reportedly set to take steps soon to try and beat the likes of...
56m 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.