News Details
Liberty set to offer teams advance on payments after revenue drop
Liberty Media is set to offer Formula 1 teams an advance on payments in order to make up for a recent revenue shortfall, according to Red Bull chief Christian Horner. Sunday's Abu Dhabi Grand Prix marks the last race of Liberty's first full season running F1, having completed its $8.8 billion takeover in January. Investment from Liberty in areas such as infrastructure and marketing has resulted in a drop of revenue that was confirmed to investors earlier this month, leading to reduce pay-out to teams as a result. Related Articles LIVE: Abu Dhabi Grand Prix - FP3 Russell eager to keep working with Force India alongside F2 in 2018 Horner wants McLaren to reverse F1 veto on fin for 2018...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty Media offer cash advances to cushion blow to...
Commercial rights holder Liberty Media has offered Formula 1 teams cash...
8y ago from GrandPrix247.com
As revenues fall, Liberty offers teams interest-free...
As previously reported, in the nine months to September, the prize money...
8y ago from Pitpass.com
Analysis: Why F1's $43 million prize money drop has...
As their prize money income takes a major hit for the first time in recent...
8y ago from Motorsport.com
Horner wants McLaren to reverse F1 veto on fin for 2018
Red Bull team principal Christian Horner is eager to persuade McLaren to...
8y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
17h ago from MotorsportWeek.c...
This is what the 2027 Honda MotoGP bike will be called
No description available...
17h ago from Motorsport.com
Francesco Bagnaia "struggled to accept" new...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo: “Maverick Vinales has more talent and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar boss Doug Boles explains new officiating system
No description available...
8h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
14h ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
15h ago from Motorsport.com
Simpson hoping Sunoco partnership grows into...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
FIA announces new constructor set to join WRC 2027
No description available...
22h ago from Motorsport.com
Jon Armstrong joins Josh McErlean in all-Irish M-Sport...
Christmas came early for Jon Armstrong and co-driver Shane Byrne when the...
1d ago from MotorsportWeek.c...
Jon Armstrong joins Josh McErlean in new M-Sport Ford...
No description available...
1d ago from Motorsport.com
Sebastien Loeb admits you “need some luck to win”...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal keeping tabs on Premier League star despite...
Arsenal are closely monitoring the contractual situation of Bournemouth...
25m ago from CaughtOffside.com
“He’s not skilful” - Jack Grealish says Everton...
On-loan Manchester City midfielder Jack Grealish reckons his Everton...
1h ago from SportsKeeda.com
Arsenal eyeing up move for 19-year-old star who...
Arsenal are reportedly monitoring Real Madrid defender Victor Valdepenas...
13h ago from SportsKeeda.com
Spurs vs Arsenal, Liverpool vs Man City live on Sky as...
Sky Sports has confirmed it will show 12 more Premier League fixtures live...
15h ago from SkySports.com
Comments
Hottest News
Barcelona set for rotational F1 deal through 2032
Dec.18 Barcelona appears set to remain on the... Read More »
25m ago from OneStopStrategy.com
Verstappen set to race with number 3 in 2026
Dec.18 Max Verstappen has all but confirmed he... Read More »
25m ago from OneStopStrategy.com
FIA confident 2026 rules will improve racing
Dec.18 FIA single-seater director Nikolas... Read More »
25m ago from OneStopStrategy.com
