News Details
Band-aids not enough to fix F1's cash problems
Kate Walker explains why Formula One must get serious about cost control, and quickly. When it comes to fixing problems, there are two approaches that can be taken: one can identify the root causes and work to ameliorate them, or one can simply stick on a Band-aid and hope for the best. Formula One is far better at the Band-aid option. While the global financial crisis that hit the bulk of the world in 2008 took a little longer to be felt inside the paddock, the sport's financial problems date back to the end of tobacco sponsorship, those fat times of plenty. The disappearance of the biggest source of sponsorship income did not happen overnight, of course. Those in charge of the sport...
Full Story »
Full Story »
11y ago from Motorsport.com
0
You May Also Be Interested In...
Cash-flow crisis puts teams at risk for Melbourne
Force India, Sauber and Lotus all ask Bernie Ecclestone for help ahead of...
11y ago from Motorsport.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
VIDEO: Hamilton wins BBC Sports Personality
Lewis Hamilton is voted the BBC Sports Personality of the Year 2014, after...
11y ago from BBC.co.uk
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
Elsewhere On The Network
Popular On MGPToday.com
Fabio di Giannantonio has “major chances” of...
No description available...
2h ago from Motorsport.com
Pol Espargaro warns 'MotoGP riders not aware of the...
No description available...
5h ago from Motorsport.com
Raul Fernandez concedes any remaining chance of MotoGP...
No description available...
23h ago from Motorsport.com
Pol Espargaro to replace Maverick Vinales again at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar sets date for first oval test of new IR-28...
The NTT IndyCar Series has announced that the series’ new Dallara IR-28...
11h ago from MotorsportWeek.c...
Alex Palou fastest in opening session from Laguna Seca
The NTT IndyCar Series completed its first practice session of the...
14h ago from MotorsportWeek.c...
Mick Schumacher signs with Meyer Shank Racing for 2027...
Meyer Shank Racing has announced that it has brought on Mick Schumacher...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Injury forces WRC Chile co-driver change for...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta will “never forget” rivals’...
No description available...
2d ago from Motorsport.com
FIA president optimistic WRC will return to Argentina
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Declan Rice makes bold ‘deal’ with young Arsenal...
Arsenal star Declan Rice has vowed to have red highlights in his hair if...
46m ago from SportsKeeda.com
Club chief reveals they were not 'comfortable' with...
Newcastle United sporting director Ross Wilson has spoken about how the...
1h ago from CaughtOffside.com
Who will win the UEFA Champions League this season?...
Opta supercomputer has predicted Arsenal to win this season's UEFA...
2h ago from SportsKeeda.com
Manchester United remain in talks to sign Arsenal...
Manchester United reportedly remain interested in Arsenal target Louis...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Italian Grand Prix – FP3 Results
George Russell concluded the last practice... Read More »
2h ago from MotorsportWeek.com
LIVE: 2026 F1 Italian Grand Prix - Monza Qualifying
Follow all the action live as the grid is set in... Read More »
1h ago from RacingNews365.com
What do the telemetry numbers reveal about Ferrari's engine...
Ferrari has been encouraged by the early... Read More »
4h ago from F1Technical.net
