News Details

Liberty considers cutting Ferrari's £80m bonus

This week Liberty Media's shareholders voted to take over F1 in a move which many see as being a new dawn for the sport. It might not appeal to everyone however, including Ferrari, as Liberty is considering chopping the Italian marque's prize money according to an article by Christian Sylt in US business magazine Forbes. F1's eleven teams received £732.7m ($903.8m) of prize money in 2015, according to the sport's latest accounts, but it isn't distributed evenly. The eleventh-placed team gets as good as nothing which is what fuelled the recent collapse of Manor. In contrast, Ferrari gets the greatest share of the spoils and took home an estimated £139m ($172m) in 2015 even...
Full Story »
8y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ferrari could lose F1 money privileges, says Liberty

Formula 1’s future owners Liberty Media have dropped a hint that the...
8y ago from Motorsport.com

Ecclestone: My F1 future now in Liberty's hands

Formula 1 supremo Bernie Ecclestone has admitted that there are now no...
8y ago from Motorsport.com

FIA approves sale of F1 to Liberty Media

Liberty Media's takeover of Formula 1 was voted through unanimously by the...
8y ago from Motorsport.com

FIA approve sale of F1 to Liberty Media

F1 News FIA approve sale of F1 to Liberty Media McLaren in orange again?...
8y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

VR46 Ducati launches 2026 MotoGP livery

Pertamina Enduro VR46 Ducati presented its newest livery for the 2026...

Jack Miller: Yamaha are ‘busting their arses' on...

Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...
23h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Real Madrid are looking at £86m Arsenal star to solve...

Real Madrid are reportedly interested in a move for Arsenal attacker...
2h ago from CaughtOffside.com

Chelsea boss Liam Rosenior set to hold talks with...

New Chelsea head coach Liam Rosenoir is set to discuss with the fringe...
23m ago from SportsKeeda.com

Terms set: Arsenal open to £20-25m transfer deal with...

Arsenal could reportedly be open to letting versatile defender Ben White...
3h ago from CaughtOffside.com

Carabao Cup semi-final against Chelsea is serious...

Morning all. It's a Carabao Cup semi-final first leg at Stamford Bridge...
7h ago from Arseblog.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.