News Details
Teams receive last of their 2013 prize money
Amidst talk of a cash advance to F1's struggling teams it has been revealed that the last of the 2013 prize money was only paid last week. F1 company documents reveal that “payments of the prize fund are made on the last business day in every month of the world championship season (March to November), with the final payment in respect of each year being made on the last business day of the following February.” With the start of the 2015 season just over a week away, this means that the teams received their final payment last Friday. In 2013 the prize fund totalled £518m and the final instalment is usually around 10 per cent, meaning that last week's pay out came to around...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
Ecclestone set to bring prize money release forward
Formula One supremo Bernie Ecclestone is set to bring forward a scheduled...
10y ago from Motorsport.com
Team to receive advance on prize money
It is understood that a number of teams are to be advanced their prize...
10y ago from Pitpass.com
Ecclestone to assist small teams with advance payment
Bernie Ecclestone has reportedly agreed to assist the financially...
10y ago from GrandPrixTimes.com
Force India Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
3h ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
1d ago from MotorsportWeek.c...
Aprilia steps up efforts to lure Francesco Bagnaia for...
No description available...
1d ago from Motorsport.com
Casey Stoner leads criticism as Phillip Island’s...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
44m ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
23h ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arteta: We can show what we're made of against Spurs
Mikel Arteta has encouraged Arsenal to "show what they are made...
1h ago from SkySports.com
Arsenal latest: Arteta set to face media ahead of...
No description available...
3h ago from SkySports.com
Agreement in place as Liverpool & Arsenal in...
Liverpool and Arsenal have reportedly both made checks on the possibility...
3h ago from CaughtOffside.com
Bukayo Saka: Rhythm is a Dancer
Bukayo Saka’s new Arsenal contract was confirmed this week. Objectively...
4h ago from Arseblog.com
Comments
Hottest News
F1 2026 Bahrain pre-season 2nd Test - Day 3 full results
Check out the full results from the third day of... Read More »
34m ago from RacingNews365.com
Charles Leclerc sets stunning pace as Aston Martin endure...
Charles Leclerc entered the 1m 31s to top the... Read More »
44m ago from RacingNews365.com
F1: Test Times: Bahrain 20-02
Today's times from Manama, the final day of... Read More »
24m ago from Pitpass.com
