News Details

Wolff agrees with performance-based prize money

Earlier this week, Bernie Ecclestone revealed that once the current agreement with the teams comes to an end in 2020, he would like to do away with the controversial bonuses paid to certain teams and follow the example of the Premier League, whereby the prize pot is shared equally. In addition to the percentage teams receive from the main prize pot, which was worth almost a billion dollars in 2015, four teams receive a special Constructors' Championship bonus. Then there are other bonuses such as the historic bonus paid to Ferrari, which has been a stalwart of the sport since its inception in 1950. However, the bonuses bear little relationship to teams standings in the championship,...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ecclestone looking to scrap team bonus payments

In a move that will surely result in similar angry fallout and division...
9y ago from Pitpass.com

Horner: Top F1 teams won't accept less prize money

Red Bull boss Christian Horner says top teams are unlikely to accept any...
9y ago from Motorsport.com

Wolff backs F1 performance-related payments

Formula One's future prize money structure should do away with special...
9y ago from SuperSport.com

Ecclestone wants to scrap team bonuses

Formula One's biggest teams could lose millions in bonus payments after...
9y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
12h ago from MotorsportWeek.c...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
13h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta eyes Real Madrid wonderkid, Arsenal keen...

Arsenal are interested in selling the Real Madrid defender, Victor...
7h ago from CaughtOffside.com

Arsenal plan to snag Brazilian prodigy this month,...

Arsenal are interested in signing the Brazilian playmaker Breno Bidon from...
8h ago from CaughtOffside.com

David Ornstein drops massive Arsenal transfer hint,...

Arsenal were reportedly considering a move for the Atletico Madrid striker...
10h ago from CaughtOffside.com

Alan Shearer says only one team can stop Arsenal from...

Alan Shearer believes Arsenal will go all the way to the final of the...
9h 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.