News Details
Liberty look to cut Ferrari's $100-million annual bonus
Formula 1's new owners Liberty Media are set to take on Ferrari by cutting the $100 million bonus received by the sport's most famous team, while smaller teams get a much smaller slice of the billion dollar pie and struggle to survive. Ferrari has competed in the Formula 1 championship since it's inception in 1950 and in return it gets the biggest chunk of appearance money for simply turning up at a grand prix, thanks to a carefully negotiated accord under the auspices of the Concorde Agreement. Liberty are seriously considering redistributing the wealth that abounds in the F1 paddock, with Ferrari top of the big teams who will be affected by the plan. But the American media company...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing...
8y ago from GrandPrix247.com
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
8y ago from GrandPrix247.com
Liberty considers cutting Ferrari's £80m bonus
This week Liberty Media's shareholders voted to take over F1 in a move...
8y ago from Pitpass.com
Liberty takes aim at Ferrari's $100m bonus
XPB Images
Formula One's new owners Liberty Media Group are...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
4h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
6h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
4d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
3h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
34m ago from CaughtOffside.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
34m ago from CaughtOffside.com
Arsenal latest: Kepa ready for Chelsea reunion in...
No description available...
9h ago from SkySports.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
9h ago from SkySports.com
Comments
Hottest News
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
2h ago from RacingNews365.com
Daniel Ricciardo reaches new heights in airborne rally...
Former F1 driver Daniel Ricciardo took his Ford... Read More »
1h ago from RacingNews365.com
Naughty or Nice? Ranking the 2025 F1 grid and handing out...
End of year awards? BORING!* Let's get more... Read More »
2h ago from GPFans.com
