News Details
Teams ‘nervous' about dwindling prize money
Former Caterham team principal Manfredi Ravetto says teams will receive far less prize money due to COVID-19 and are worried about it. Each team receives prize money at the end of a season based on where they finished in the Constructors' Championship, and it's a crucial part of their funding. Given this, Ravetto believes that there is concern throughout the grid over the fact that the numerous race cancellations in 2020 and other factors have apparently made the amount F1 can pay out smaller. “Due to the cancellation of many Grands Prix that pay big fees, and less income from sponsorship and merchandising, the prize pool that is available to the teams is less,” he told Formule 1's...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes pay price of success with less tunnel time
Mercedes, winners of the 2020 championship, are paying the price for last...
5y ago from PlanetF1.com
F1 announces it will be offering less in 2021
The 2021 F1 calendar start times have been published, with Grands Prix...
5y ago from TheParcFerme.com
F1 teams raise money with new Virtual Grands Prix...
The Virtual Grands Prix launched last year are returning. The series...
5y ago from GPBlog.com
Mick Schumacher unfazed by F1 spotlight
Mick Schumacher isn't worried about the attention that will be on him...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
7h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
9h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
1d ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
1d ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
2d ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Safari Rally Kenya: Oliver Solberg heads Toyota...
No description available...
1h ago from Motorsport.com
Oliver Solberg storms into Safari Rally Kenya lead
Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
29m ago from MotorsportWeek.c...
Why Safari Rally Kenya will be more of a lottery than...
No description available...
8h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Tottenham ready to revive move for PSG ace as Arsenal...
Tottenham Hotspur are interested in signing the PSG attacker Lee Kang-In...
1h ago from CaughtOffside.com
Joao Pedro's former teammate claims he 'wouldn't be...
Chelsea forward Joao Pedro's former teammate, Keinan Davis, has stated...
1h ago from SportsKeeda.com
Arsenal and Liverpool lead race for Bundesliga gem...
Arsenal and Liverpool are interested in signing the VfB Stuttgart defender...
1h ago from CaughtOffside.com
Have Arsenal just made a major £75million mistake?
Arsenal recently handed Bukayo Saka a bumper new contract – the...
3h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso opens up on 'hard mental place' as Aston...
Two-time F1 world champion Fernando Alonso has... Read More »
59m ago from GPFans.com
F1 deal sees Apple TV numbers TRIPLE
The new partnership between Apple TV and F1... Read More »
1h ago from GPFans.com
Fred Vasseur claims 'Ferrari would have won F1 title' if...
Ferrari team principal Fred Vasseur has pointed... Read More »
9h ago from GPFans.com
