News Details

‘Only top 10 F1 teams to get prize money’

Bernie Ecclestone has made clear that Formula One will pay prize money to only the top 10 teams from the end of this season. Since 2010, payments have been made to the 11th and 12th-placed teams to help three newcomers on reduced budgets who came in after the abrupt departure of major manufacturers Honda, Toyota and BMW. There are now 11 teams remaining after the demise last year of Spanish-based HRT. "For three years we did something different because we had an agreement with (former FIA president) Max (Mosley) but from now on we will pay the top 10 and that's it," Ecclestone told Monday's Daily Telegraphnewspaper. The confidential Concorde Agreement that governs the sport...
Full Story »
12y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Only top ten teams to receive prize money

Bernie Ecclestone has revealed that prize money will only be given to...
12y ago from GPUpdate.net

Bernie limits prize money

The team which finishes last in this year's Constructors' Championship...
12y ago from SkySports.com

Ecclestone cuts prize money for 11th to zero

The team which finishes 11th in the constructors' championship will no...
12y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

All drivers clear Indy 500 Rookie Orientation...

IndyCar’s two-day test session for the Indianapolis 500 got underway...
13h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Oliver Solberg crashes out of Rally Islas Canarias

Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...

Sebastien Ogier dominates Rally Islas Canarias

Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...

Popular On GunnersToday.com

Sources: Mikel Arteta going all-in on left-back making...

Arsenal appear to be moving early in their search for defensive...
53m ago from CaughtOffside.com

AC Milan legend Clarence Seedorf explains why Arsenal...

AC Milan great Clarence Seedorf has stated Arsenal will win the UEFA...
12m ago from SportsKeeda.com

It's all about Atletico …

Morning all. After an epic Champions League semi-final last night, it's...
2h ago from Arseblog.com

PSG 5-4 Bayern was the game of the season, but Arsenal...

PSG's 5-4 win over Bayern Munich on Tuesday night was undoubtedly one of...
10h 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.