News Details

Wolff backs performance-related payments

Formula 1's future prize money structure should do away with special bonuses for top teams and instead be based on past and present performance, Mercedes motorsport head Toto Wolff said on Thursday. Speaking after talks at the Austrian Grand Prix with commercial supremo Bernie Ecclestone, Wolff told reporters that the sport was making more money than ever and all teams should be guaranteed a basic amount. Revenues above that should reflect performance. 'We had a long discussion … one topic was how to redistribute the prize fund going forward. I think it's in everybody's interest to have stability long-term and we discussed the various models,' said the Austrian. 'The prize fund is...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Wolff backs F1 performance-related payments

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

Wolff: Our priority is to eliminate the small errors

Mercedes continue to dominate Formula 1 despite a stiffer challenge from...
9y ago from GrandPrix247.com

Mercedes: Williams & Force India a threat in...

Austrian Grand Prix – Mercedes team principal Toto Wolff has added...
9y ago from FormulaSpy.com

Wolff warns teams of Force India and Williams threat

As the F1 paddock heads to Spielberg for the Austrian Grand Prix,...
9y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta leads first United States MotoGP practice...

Pedro Acosta led the way in the opening United States MotoGP practice...

The FIM responds to the multiple ‘challenges' on...

The FIM - the governing body of motorcycle racing - has released a...

Popular On IndyCarToday.com

Kyffin Simpson explains restart crash in Arlington GP...

A late restart was attempted with one lap to go in the Grand Prix of...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sandro Tonali delivers response following claims of...

Newcastle United midfielder Sandro Tonali did his talking on the pitch...
2h ago from CaughtOffside.com

'That would worry me a bit' - Jamie Carragher sheds...

Jamie Carragher believes Arsenal's lack of 'special players' will hurt...
2h ago from SportsKeeda.com

Report: Arsenal monitoring long-time Mikel Arteta...

Arsenal are reportedly one of the clubs keeping a close eye on...
3h ago from CaughtOffside.com

New: Liverpool & Arsenal handed boost in pursuit...

Liverpool and Arsenal may have been handed a boost in their rumoured...
7h 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.