News Details

Ferrari could lose F1 money privileges, says Liberty

Formula 1’s future owners Liberty Media have dropped a hint that the sport’s prize money structure could change – and that Ferrari may have to lose the financial privileges it has previously enjoyed. With Liberty hoping to complete its takeover over F1 later this month, the focus is now shifting to how it will shake up the sport in a bid to ramp up its popularity and increase its revenues. One idea being considered is for there to be a much fairer distribution of F1’s commercial revenues, which could mean the end of historic payments that have gone to older teams. Ferrari, for example, receives more than $90 million just for being a part of F1 – a figure that is more than double...
Full Story »
9y ago from Motorsport.com 0
Share

You May Also Be Interested In...

F1 approves Liberty Media takeover

Formula One's governing body gave its approval on Wednesday to CVC Capital...
9y ago from SuperSport.com

FIA approve Liberty Media takeover of Formula 1

Formula One's governing body gave its approval on Wednesday to CVC...
9y ago from GrandPrix247.com

Formula 1 sale to Liberty Media approved by FIA

Formula 1's governing body the FIA has approved the sale of the sport's...
9y ago from BBC.co.uk

Ecclestone: Let’s see which way they would like to go

Bernie Ecclestone has cast doubt over his long-standing Formula One reign...
9y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

First portion of 2027 IndyCar schedule confirmed

The NTT IndyCar Series has confirmed dates and locations for the first...

Popular On TotalWRC.com

Popular On GunnersToday.com

Jules Kounde's stance on potential exit from Barcelona...

Jules Kounde's stance on a potential exit from Barcelona amid interest...
1h ago from SportsKeeda.com

'Probably the best midfield in football' - Arsenal...

Arsenal star Mikel Merino has boldly claimed the Gunners might have the...
2h ago from SportsKeeda.com

Unpopular opinion: Arsenal fans have lost touch with...

I've genuinely seen Arsenal fans on social media complaining about...
3h ago from CaughtOffside.com

Agreement reached: Arsenal finalising talks with...

Arsenal are reportedly in the process of finalising a transfer swoop for...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.