News Details
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow crisis', Bernie Ecclestone has reportedly responded. We reported on Sunday that, not including Manor's quest to return in 2015, multiple other teams are scrambling to find the money simply to line up on the Melbourne grid next weekend. 'The months of November, December and January are the worst,' said Lotus owner Gerard Lopez, 'as during this phase of design and production you spend 43 per cent of your budget with nothing coming in from the outside.' We reported that F1 supremo Ecclestone duly met late last week not only with Lopez but also representatives of the similarly-struggling Force India and Sauber teams. A voice...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Teams warn Ecclestone of cash flow crisis
Two weeks before the 2015 season begins, the shape of the grid remains...
10y ago from GrandPrix.com
Cash-flow crisis puts teams at risk for Melbourne
Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
10y ago from Motorsport.com
Nurburgring ready to lose money to save German GP
German Grand Prix organisers say they are ready to accept a financial loss...
10y ago from Motorsport.com
F1 Teams: Bernie we have cash flow problems
Two weeks before the 2015 Formula 1 world championship season begins, the...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Adelaide set to host the 2027 Australian MotoGP Grand...
No description available...
1h ago from Motorsport.com
Adelaide bids to host MotoGP’s first-ever street...
No description available...
15h ago from Motorsport.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
1d ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alexander Rossi leads last session of Unser IndyCar...
No description available...
1h ago from Motorsport.com
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
51m ago from MotorsportWeek.c...
Firestone prepared to take new right-front tire for...
No description available...
4h ago from Motorsport.com
Marcus Ericsson crashes in last IndyCar test session...
No description available...
1h ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
2d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
3d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
3d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Player ratings: Wolves 2-2 Arsenal
Arsenal dropped a 2-goal lead and 2 points in a poor night for the club....
1h ago from FreshArsenal.com
‘Bottle-Job’ – Paul Merson delivers brutal...
Arsenal’s grip on the Premier League title race appears to be slipping...
2h ago from CaughtOffside.com
Arsenal suffer new blow in title race after Edozie’s...
chever way you look at it, Arsenal did not produce a performance worthy of...
2h ago from TheGuardian.com
Wolverhampton Wanderers 2-2 Arsenal: Premier League...
tom-of-the-table Wolves came from two down to end a nine-game losing...
2h ago from TheGuardian.com
Comments
Hottest News
Ferrari exploit F1 loophole with 'beautiful' new feature on...
Former Ferrari F1 race strategist Ruth Buscombe... Read More »
8h ago from GPFans.com
Ferrari new Bahrain test upgrade is 'impossible' for F1...
RacingNews365's technical analyst Paolo Filisetti... Read More »
8h ago from RacingNews365.com
F1 Testing Results: Bahrain timesheets - Ferrari go fastest...
The second week of F1 testing at the Bahrain... Read More »
14h ago from GPFans.com
