News Details

Horner: F1 bracing for payment drop until 2021

Red Bull team principal Christian Horner fears Formula 1 teams could feel the pinch of Liberty Media’s changes to the sport until potentially 2021 as the new owners invest in other areas with the aim of improving the overall picture. F1 teams have seen a small dip in prize money from the 2017 season as Liberty has injected money into key switches which include rebranding the sport, new fan engagement ideas and moving its headquarters. Liberty has also invested in new staff and personnel to fill the void of removing previous head Bernie Ecclestone, with Horner hints the loss of the Malaysian Grand Prix this year also made a dent into overall revenues. While Horner has faith in Liberty’s...
Full Story »
8y ago from Crash.net 0
Share

You May Also Be Interested In...

F1 teams may face two years of falling prize money -...

Red Bull boss Christian Horner believes that teams may have to go through...
8y ago from Motorsport.com

Lewis Hamilton says he'll be racing in F1 until 2020...

Lewis Hamilton has been hinting at a possible retirement sooner rather...
8y ago from MotorsportWeek.com

Horner: Formula 1 needs Ferrari and Ferrari needs...

Alfa Romeo’s return to Formula 1 shows the value of the sport and...
8y ago from GrandPrix247.com

Horner accepts less prize money for a better future

Red Bull's Christian Horner believes Liberty Media's investment spree...
8y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Dreyer and Reinbold purchases Rahal entry in first...

Dreyer and Reinbold Racing has announced that it has purchased one...

Popular On TotalWRC.com

ERC fans set for new-look Rally Poland with local...

The event has undergone a significant transformation for 2025, switching...

Popular On GunnersToday.com

Arsenal ready to hijack PSG’s move for Liverpool...

Arsenal are reportedly ready to hijack PSG's move to sign Liverpool...
4h ago from SportsKeeda.com

Emergency talks planned as Arsenal transfer saga...

Bruno Guimaraes could be forced into submitting a transfer request if he...
5h ago from CaughtOffside.com

‘Contract is done' – Fabrizio Romano drops...

Arsenal are set to make a £70m bid for Newcastle star Bruno Guimaraes as...
7h ago from CaughtOffside.com

Arsenal to make £70m offer to sign superstar...

Arsenal are reportedly set to launch a move for Newcastle United captain...
11h ago from SportsKeeda.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.