News Details

Force India blame Red Bull for F1's financial plight

Force India deputy team principal Bob Fernley has placed the blame on Red Bull's doorstep for Formula 1's current financial plight which has seen teams dropping out and struggling to pay their bills. Speaking on Friday, Fernley said Red Bull's deal with Bernie Ecclestone - which saw them make a private financial deal with CVC - and their exit from the Formula One Teams' Association (FOTA) was "where the problems started". That led to the eventual collapse of FOTA. "I think that a few years ago we had FOTA operating in a very good way," explained Fernley. "It was a consolidated approach, it was well stewarded by [former McLaren team principal] Martin Whitmarsh, we...
Full Story »
Share

You May Also Be Interested In...

Hamilton amused by Red Bull's equalisation complaints

Lewis Hamilton says complaints and calls for equalisation from Red Bull...
11y ago from GrandPrixTimes.com

Mercedes tried to save German GP

Mercedes offered a 'significant contribution' to save the German Grand...
11y ago from PlanetF1.com

Mercedes offered to cover half German GP losses

Mercedes-Benz, owner of the Mercedes AMG F1 Team, offered to cover half...
11y ago from GrandPrixTimes.com

Mercedes Cash Offer to Save German GP Rejected

After the confirmation that the German Grand Prix will not be held, due...
11y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

Enea Bastianini blasts MotoGP safety commission and...

Enea Bastianini has criticised the existing MotoGP safety commission by...

Popular On IndyCarToday.com

IndyCar officiating board helps shape Push to Pass...

IndyCar’s new Independent Officiating Board has made one of its first...
21h ago from MotorsportWeek.c...

IndyCar expands Push to Pass availability

The NTT IndyCar Series has announced a change to the series’ Push to...
22h ago from MotorsportWeek.c...

Motorsport legend Alex Zanardi dies aged 59

Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...

Popular On TotalWRC.com

Popular On GunnersToday.com

Video: Arsenal star appears to strike Atletico Madrid...

Arsenal forward Gabriel Jesus appeared to hit or slap Atletico Madrid...
1h ago from CaughtOffside.com

Pundits and ex-Arsenal player joke about wanting to...

N's pundits, including former Arsenal player Stewart Robson, spent a...
40m ago from CaughtOffside.com

Ian Wright hits out at 'celebration police' as Arsenal...

Arsenal legend Ian Wright has asked Gunners fans to enjoy their triumph...
1h ago from SportsKeeda.com

Shearer praises ‘exceptional' player who...

Arsenal are heading to a Champions League final for the first time in two...
1h 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.