News Details
Whitmarsh: Majority of teams in 'survival mode'
McLaren team principal Martin Whitmarsh has warned that seven of the 11 teams on the grid are in "survival mode" due to the economy. Whitmarsh, who is also chairman of the Formula One Teams' Association (FOTA), is likely referring to Lotus, Sauber, Force India, Williams, Toro Rosso, Caterham and Marussia. Meanwhile Red Bull, Ferrari, McLaren and Mercedes enjoy significant financial backing from outside shareholders and large sponsors. The 54-year-old alluded to the current financial climate which is hurting those teams which rely heavily on sponsors, rather than manufacturer backing. "It's tough," he told the BBC. "We're in the world of advertising and you only...
Full Story »
Full Story »
13y ago from TheF1Times.com
0
You May Also Be Interested In...
Majority of teams struggling financially
By Editor on Friday, February 15, 2013 The majority of F1 teams are...
13y ago from F1Zone.net
'Teams facing tough financial future'
Martin Whitmarsh estimates that seven of the 11 Formula One teams are in...
13y ago from PlanetF1.com
Whitmarsh: F1 teams in 'survival mode'
McLaren boss Martin Whitmarsh says some teams on the grid are in 'survival...
13y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
11h ago from Motorsport.com
Marc Marquez: 'I don't have the pace to fight for...
No description available...
9h ago from Motorsport.com
Marco Bezzecchi explains how Ducati ended Aprilia's...
No description available...
7h ago from Motorsport.com
How Alex Marquez rediscovered his mojo at the Spanish...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
10h ago from MotorsportWeek.c...
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
2d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
5d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
13h ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
9h ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal open to selling summer signing after...
Arsenal are open to listening to offers for summer signing Viktor Gyokeres...
2h ago from CaughtOffside.com
'Let Arteta win the league' - Arsenal fans make plea...
An Arsenal fan has posted a video of himself begging Manchester City...
2h ago from SportsKeeda.com
Drowning in the banter-sphere: how can the Premier...
current season has become a meme-war without end, an endless rolling wall...
2h ago from TheGuardian.com
Arsenal keeping tabs on Real Madrid attacker as they...
Arsenal are reportedly monitoring Real Madrid forward Endrick as they look...
7h ago from SportsKeeda.com
Comments
Hottest News
Meet Lewis Hamilton's ultimate superfan and you may know...
Seven-time F1 champion Lewis Hamilton has the... Read More »
3h ago from GPFans.com
McLaren boss takes aim at Daniel Ricciardo's final act in F1
McLaren CEO Zak Brown recently used Daniel... Read More »
4h ago from GPFans.com
Ferrari F1 engineer speaks out over 'arrogant' Lewis...
A former Ferrari F1 race engineer has defended... Read More »
5h ago from GPFans.com
