News Details
Ecclestone offers cash advance for smaller F1 teams
Formula 1 supremo Bernie Ecclestone has offered advance revenue payments to Sauber, Force India and Lotus to help with cash-flow problems ahead of the new season starting in Australia next week. 'Bernie understands we've had these challenges over the winter because the (team) suppliers got so badly hurt by the Marussia and Caterham issues,' Force India deputy principal Bob Fernley told Reuters on Monday. 'Whereas we've always been able to work with them and smooth it out over the period of the start of the winter, they simply can't. Whereas we used to get 30 days credit, now we need 30 days in advance. 'He (Ecclestone) suggested that we take an advance and smooth it out that way. That's...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ecclestone offers cash advance for smaller teams
Formula One supremo Bernie Ecclestone has offered advance revenue...
11y ago from SuperSport.com
Ecclestone to assist small teams with advance payment
Bernie Ecclestone has reportedly agreed to assist the financially...
11y ago from GrandPrixTimes.com
Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash...
11y ago from GrandPrix247.com
Force India Reports Bernie to Help Small Teams
The financial plight of the smaller teams may be eased throughout the...
11y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
BMW wants to reunite KTM's only two MotoGP race...
No description available...
41m ago from Motorsport.com
MotoGP's 850cc era to begin with Thai GP in March 2027
No description available...
2h ago from Motorsport.com
MotoGP confirms Thailand to host 2027 season opener
MotoGP has officially confirmed that the Chang International Circuit in...
1h ago from MotorsportWeek.c...
Fermin Aldeguer to miss British GP, Iker Lecuona...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou, Alexander Rossi to give IndyCar’s IR-28...
No description available...
19h ago from Motorsport.com
Two drivers named for first on-track runs of new...
IndyCar has announced plans for the first on-track test runs of its newly...
22h ago from MotorsportWeek.c...
IndyCar drivers praise design of ‘awesome’ new...
IndyCar unveiled the design of its new 2028 chassis on Tuesday, showing...
2d ago from MotorsportWeek.c...
IndyCar shows off first new chassis design in over a...
The NTT IndyCar Series showed images of its new chassis for the first...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Finland: Sebastien Ogier claims lead after...
No description available...
2h ago from Motorsport.com
Esapekka Lappi, Jon Armstrong and Emil Lindholm crash...
Esapekka Lappi crashed out of Rally Finland 800m into stage four. The...
4h ago from MotorsportWeek.c...
WRC Finland: Adrien Fourmaux heads early Hyundai 1-2
No description available...
17h ago from Motorsport.com
Sebastien Ogier’s co-driver ready to “honour”...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid final decision on Vinicius Jr contract...
Real Madrid have reportedly taken a decision on Vinicius Junior's contract...
41m ago from SportsKeeda.com
Report: Arsenal agree £77m fee with Premier League...
Arsenal have reportedly reached an agreement in principle with Newcastle...
1h ago from FreshArsenal.com
Arsenal youngster's future in the balance as tempting...
Arsenal have a top young player without an obvious role in the squad, and...
41m ago from CaughtOffside.com
BREAKING: Arsenal agree stunning deal to sign Brazil...
Arsenal have reportedly agreed a deal to sign Bruno Guimaraes from...
1h ago from SportsKeeda.com
Comments
Hottest News
Andrea Stella defines key decider in F1 2026 season
Andrea Stella has offered his thoughts on how... Read More »
41m ago from MotorsportWeek.com
Audi confirm F1 engine decision for 2027
Audi will not introduce major power unit updates... Read More »
1h ago from GPFans.com
The day Jos Verstappen really felt the heat!
No matter how long ago it was, this incredible... Read More »
1h ago from F1i.com
