News Details

Carey: New F1 teams “should be part of the sport, not a second-class citizen”

Formula 1 boss Chase Carey has said that new teams wanting to join the Formula 1 grid “should be part of the sport, and not a second-class citizen” with the change of financial regulations in 2021. Currently the prize money distribution for F1 teams include equal pay to all who finish in the top 10 in the constructors championship for two of the past three seasons. Haas was the most recent entry to the sport back in 2016 and finished eighth on 29 points but had to wait until the 2018 season to receive the Column-1 payment. But, along with the budget cap of $175m being introduced in 2021, the payment system is set for a change which will see the equal payment to top 10...
Full Story »
1mo ago from GPBlog.com 0
Share

You May Also Be Interested In...

Formula 1 wants 12 teams, but only if they can be...

Formula 1 should seek to expand to a 12-team grid, according to FIA...
1mo ago from MotorsportWeek.com

F1 chief adamant sponsor interest in series is growing

Formula 1 chief Chase Carey says the sport has rising interest from...
1mo ago from MotorsportWeek.com

Carey: Interest from sponsors on a 'steady rise'

Almost from the day Liberty Media took control of F1 in early 2017,...
1mo ago from Pitpass.com

Binotto: 2021 Formula 1 rules do not convince us 100%

Ferrari are still not happy with the 2021 Formula 1 World Championship...
1mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Mission Winnow Ducati Team the first to showcase new...

Bologna Bullet becomes the first livery of 2020 to be on display with the...

Ducati present 2020 MotoGP colours

Ducati unveiled its updated 2020 MotoGP colour scheme at its launch event...

Red Bull Ring wins best Grand Prix of the year for 2019

Spielberg the scene of Dovizioso's stunning last corner victory over...

Popular On IndyCarToday.com

Arrow McLaren SP announce major partnership with...

Arrow McLaren SP has announced it has entered into a multi-year...

James Hinchcliffe open to NASCAR and Le Mans...

James Hinchcliffe has expressed his interest in trying out other racing...

Popular On TotalWRC.com

Elfyn Evans takes Rally Monte-Carlo lead, top 3...

When one thinks this Rallye Monte-Carlo couldn’t become any more...

Thierry Neuville snatches last gasp win in Rallye...

Whatever Thierry Neuville ate for breakfast this morning, it must have...
19h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Jose Mourinho sent Man Utd and Arsenal warning over...

Tottenham boss Jose Mourinho has been warned about his interest in signing...
3h ago from Express.co.uk

Arsenal urged not to repeat Mesut Ozil transfer...

Arsenal are facing a summer transfer window dilemma with star striker...
2h ago from Express.co.uk

FA Cup preview: Finding the balance between strength...

It feels to me like we've had too many Monday night games this season,...
1h ago from Arseblog.com

Arsenal set to keep Shkodran Mustafi as Mikel Arteta...

/sport/football/arsenal-set-keep-shkodran-mustafi-21367719"><img...
2h ago from DailyStar.co.uk

Comments

Advertisements

Hottest News

Advertisements

Recent News

Advertisements

Advertisements

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.