News Details
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash flow crisis, Bernie Ecclestone has reportedly responded in an effort to prevent a crisis ahead of the season opener in Australia. 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...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ecclestone ends ‘cash flow crisis’ for small teams
Amid alarming claims multiple teams are gripped by a ‘cash flow...
11y ago from ThisIsF1.com
Cash-flow crisis puts teams at risk for Melbourne
Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
11y ago from Motorsport.com
F1 Teams: Bernie we have cash flow problems
Two weeks before the 2015 Formula 1 world championship season begins, the...
11y ago from GrandPrix247.com
Teams warn Ecclestone of cash flow crisis
Two weeks before the 2015 season begins, the shape of the grid remains...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
4h ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
2d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
2d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
1d ago from MotorsportWeek.c...
Zanardi: The man whose name is a synonym for “hero”
No description available...
20h ago from Motorsport.com
Mick Schumacher shares injury update after breaking...
No description available...
3d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
4d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
3d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
4d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
‘Might leave..' – Ex-player names Arsenal...
As the season approaches its dramatic conclusion this May, the tension...
3h ago from CaughtOffside.com
Arsenal vs Atletico Madrid Prediction and Betting Tips...
The UEFA Champions League features another set of knockout matches this...
3h ago from SportsKeeda.com
English defender is convinced he is joining Arsenal in...
Several players are being linked with a move to Arsenal with Mikel Arteta...
4h ago from CaughtOffside.com
Wayne Rooney makes Arsenal Premier League title...
All-time Manchester United top scorer Wayne Rooney reckons Arsenal are the...
8h ago from SportsKeeda.com
Comments
Hottest News
F1 Miami Grand Prix: Fans told to evacuate stands as...
F1 fans and personnel have been told to evacuate... Read More »
2h ago from GPFans.com
FIA confirms timeline for F1 return to V8 power
FIA President Mohammed Ben Sulayem has confirmed... Read More »
4h ago from MotorsportWeek.com
Fernando Alonso claims 'Ferrari hold luxury' ahead of major...
Fernando Alonso has spotted something about... Read More »
1h ago from RacingNews365.com
