News Details
Force India requests early prize money payment
Force India has requested an advance on their championship payments due to an expected cash short-fall during the winter off-season. Currently, the ten Formula 1 teams receive a monthly payout from Formula 1 Management (FOM) between the months of February and November. The payment schedule creates a large deficit in cash flow between December and January for many of the midfield and back marker teams, with all outfits coming under additional pressure from external suppliers to settle outstanding balances. With Caterham folding at the end of the 2014 season, and Manor’s near exit under the previous guise of Marussia last year, supplier have become less lenient with...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Force India seeks advance on payments
The Force India Formula One team have requested an advance on their 2016...
10y ago from SuperSport.com
Force India preview the Mexican Grand Prix
Force India preview the Mexican Grand Prix, Round 17 of the 2015 Formula...
10y ago from GrandPrix247.com
Mallya: Force India not maximising opportunities
Vijay Mallya believes his Force India team is still on the path to...
10y ago from Crash.net
Finding 2.5 seconds before 2016 is 'realistic' - Alonso
Fernando Alonso reckons McLaren and Honda have what it takes to close...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Aragon GP: Marco Bezzecchi pips Marquez...
No description available...
41m ago from Motorsport.com
Carlos Ezpeleta: MotoGP working to keep Qatar GP on...
No description available...
4h ago from Motorsport.com
Marco Bezzecchi tops MotoGP Practice in Aragon
Aprilia's Marco Bezzecchi responded to Ducati's early pace to end MotoGP...
21m ago from MotorsportWeek.c...
Marc Marquez sets the pace in opening Aragon MotoGP...
Marc Marquez began a vital Aragon MotoGP weekend strongly by setting the...
5h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How Alex Palou can clinch his fifth IndyCar title this...
Alex Palou is the current IndyCar points leader, and has a good chance of...
19h ago from MotorsportWeek.c...
How to watch IndyCar 2026 Milwaukee doubleheader:...
No description available...
23h ago from Motorsport.com
Iconic lightning bolt returns: Chip Ganassi Racing and...
No description available...
1d ago from Motorsport.com
Alex Palou to sport special tribute livery in IndyCar...
Chip Ganassi Racing has revealed a stunning livery for Alex Palou at the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg fit for Rally Paraguay after...
No description available...
20h ago from Motorsport.com
Why WRC drivers expect Rally Paraguay to be “almost...
No description available...
18h ago from Motorsport.com
FIA: Attracting Chinese manufacturers a “clear...
No description available...
3d ago from Motorsport.com
Could qualifying resolve the WRC’s 2027 road order...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Alvarez will not play for Atletico...
No description available...
2h ago from SkySports.com
£50m Man United transfer target 'will definitely be...
Arsenal legend Ray Parlour says he can't see Myles Lewis-Skelly leaving...
2h ago from CaughtOffside.com
After Vinicius Jr's Arsenal snub, the Gunners hold...
Arsenal have reportedly held talks with Real Madrid striker Endrick for a...
1h ago from SportsKeeda.com
'I hope…' – Manager speaks out on Arsenal...
Atletico Madrid manager Diego Simeone has spoken out on the Julian Alvarez...
4h ago from CaughtOffside.com
Comments
Hottest News
Just a karting kid from Nastola dreaming of F1 glory
It all started with leisurely weekend trips as a... Read More »
2h ago from F1i.com
Ferrari unveil first look at stunning Michael Schumacher...
Ferrari have unveiled a first look at their... Read More »
3h ago from GPFans.com
Max Verstappen makes V8 engine admission after key F1 and...
Max Verstappen is prepared to wait after holding... Read More »
2h ago from RacingNews365.com
