News Details

Small teams urge Ecclestone for help in leaked letter

A leaked letter addressed to Bernie Ecclestone from Force India deputy team principal Bob Fernley has urged the 83-year-old to help the smaller teams either financially or by forcing a budget cap. Ecclestone had informed the teams that he would raise the issue with CVC Capital Partners, but later decided that it would be a pointless exercise and instead asked the larger teams to give up a share of their prize money to help struggling outfits. That idea was rejected by the 'big five', therefore leaving Force India, Lotus and Sauber without a solution. In the letter, Fernley once again urges Ecclestone to find a way of distributing the sport's revenues more fairly. At present, the 'big five'...
Full Story »
11y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Force India's financial future is safe - Fernley

Force India's financial future isn't in jeopardy according to deputy team...
11y ago from TheF1Times.com

Fernley: F1's game plan has been exposed

Force India deputy team principal Bob Fernley says the game plan for F1 s...
11y ago from Crash.net

Force India will race on – Mallya

Force India will race on – MallyaPosted On 10 Nov 2014By :...
11y ago from ThisIsF1.com

Kaltenborn: F1 s agenda wants four or five names

Sauber team principal Monisha Kaltenborn says Formula One is heading for...
11y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...
18h ago from MotorsportWeek.c...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
23h ago from MotorsportWeek.c...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Arteta feeling bullish after Arsenal ‘take...

t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
1h ago from TheGuardian.com

Arteta encouraged by 'beautiful' meeting with players...

Mikel Arteta has revealed he called his players for a meeting to...
1h ago from SkySports.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
5m ago from SkySports.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.