News Details

F1 'not a sustainable business model' – Symonds

– Williams Chief Technical Officer Pat Symonds says that Formula 1's business model is not sustainable as the sport faces the prospect of entering the 2015 season with only nine teams.Caterham and Marussia both entered administration in 2014 and neither team is certain to continue into this season, while several other squads have voiced their concerns over the current financial situation in the sport.Symonds, who says that Williams' financial position is secure, believes that while leading teams are right to protect their positions, the system is too favourable towards frontrunning outfits."It's not a sustainable business model, if you want to call it a mess it's a mess,"...
Full Story »
11y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Formula 1 'not a sustainable business model' - Symonds

– Williams Chief Technical Officer Pat Symonds says that Formula...
11y ago from GPUpdate.net

Symonds: Formula 1 is not a sustainable business model

One of motor racing's most experienced engineers Pat Symonds says that the...
11y ago from GrandPrix247.com

Mercedes and McLaren to change colours in 2015?

At least two top teams will enter the 2015 season with fundamentally...
11y ago from GrandPrix.com

Porsche rules out Formula 1 project

Porsche has ruled out entering Formula 1 after new F1 entrant Gene Haas...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

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

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

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

“I don’t want him to be ‘Mr. Nice Guy’...

Former Arsenal midfielder Emmanuel Petit has urged Declan Rice to be more...
2h ago from SportsKeeda.com

“Put that on my name!” - Tottenham star insists...

Tottenham Hotspur midfielder Dejan Kulusevski has maintained that Arsenal...
2h ago from SportsKeeda.com

Player ratings: Arsenal 2-3 Manchester United

Arsenal crashed to a 3-2 defeat against Manchester United on Sunday...
3h ago from FreshArsenal.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.