News Details
All Formula 1 teams ‘on the verge' of being profitable
Toto Wolff said he thinks all 10 Formula 1 teams could be 'on the verge' of turning a profit, and hopes that will become the case soon. With expenditure in the sport decreasing and teams adjusting their structures accordingly, the Mercedes boss thinks that the whole grid could be in a position to begin making money as organisations in the near future. Wolff credits F1 CEO Stefano Domenicali and sport owners Liberty Media for their work in bringing the finances of the sport under control, and believes the business model now in place in the sport makes it a positive environment in which teams can succeed. “We are in a very good moment in time for Formula 1 because the audiences are...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Leclerc Refuses To Share Opinion On Driver Salary Cap
Ferrari driver Charles Leclerc has refused to publicly voice his views on...
4y ago from Formula1News.co.uk
Mercedes had an unrealistic picture with traffic for...
Mercedes has indicated that a faster engine mode was used during the...
4y ago from GPBlog.com
"Verstappen can be optimistic for upcoming...
In FP1 of the United States Grand Prix, Red Bull Racing seemed to be no...
4y ago from GPBlog.com
Hughes wavers 'scary' lead Mercedes: "Just a...
In FP1 of the United States Grand Prix, Red Bull Racing seemed to be no...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Aprilia boss is "disappointed" about not...
No description available...
15h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
12h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
17h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
19h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
11h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
13h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
15h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal hold talks to discuss move to sign...
Arsenal are investigating a move for former Manchester City star Julian...
1h ago from SportsKeeda.com
Mikel Arteta tells these Arsenal players 'they have to...
Arsenal manager Mikel Arteta has explained that his bigger squad this...
9h ago from CaughtOffside.com
Carrick's Man Utd aiming to 'prove' themselves as...
Manchester United head coach Michael Carrick is relishing the opportunity...
9h ago from SkySports.com
Arsenal and Man United exploring move for...
Arsenal and Manchester United are reportedly exploring a potential move...
10h ago from CaughtOffside.com
Comments
Hottest News
FIA confident of winning over Max Verstappen and F1...
The F1 drivers were very uncomplimentary last... Read More »
53m ago from RacingNews365.com
Former Mercedes chief reacts to alleged F1 engine trick
Andy Cowell was the director of Mercedes High... Read More »
1h ago from RacingNews365.com
Laurent Mekies believes a fast car will keep Max Verstappen...
Red Bull Racing boss Laurent Mekies believes Max... Read More »
1h ago from GrandPrix247.com
