News Details

Wolff: Formula 1 is a shark tank

Formula 1 as a ruthless ‘shark tank' is alive and well, according to Mercedes motorsport boss Toto Wolff . But he insisted there are limits to his appetite as a Formula 1 shark, especially in the quest for survival of cash strapped smaller teams such as Manor. 'We are in favour of Marussia staying,' said Wolff. 'But F1 is a shark tank even in the fight against the small teams. If one disappears, more is left for the others. 'This is unpleasant,' he admitted. 'We are talking about a team of real people feeding their families with their income. We need secure jobs, and everything else is secondary.' The Mercedes chief, however, undoubtedly plays the role of one of the sharks,...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ecclestone offers cash advance for smaller F1 teams

Formula 1 supremo Bernie Ecclestone has offered advance revenue payments...
10y ago from GrandPrix247.com

Ecclestone responds to avert F1 teams cash flow crisis

Amid alarming claims that multiple Formula 1 teams are gripped by a cash...
10y ago from GrandPrix247.com

Ecclestone ends ‘cash flow crisis’ for small teams

Amid alarming claims multiple teams are gripped by a ‘cash flow...
10y ago from ThisIsF1.com

Ecclestone offers cash advance for smaller teams

Formula One supremo Bernie Ecclestone has offered advance revenue...
10y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Watch: Tottenham fans will love what Archie Gray was...

While the 4-1 scoreline in the North London Derby left Tottenham Hotspur...
1h ago from CaughtOffside.com

'As it stands..': Latest on Liverpool move for 100m...

Liverpool have been heavily linked with a move for Yan Diomande in recent...
2h ago from CaughtOffside.com

'I don’t like all that' – Scholes slams...

Arsenal may have secured a dominant 4-1 victory over Tottenham on Sunday,...
4h ago from CaughtOffside.com

Arteta tells Arsenal to seal £45m transfer after...

Piero Hincapie joined Arsenal on loan at the start of the season, and they...
5h 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.