|
||||||||||
|
||||||||||
19 Nov 2013, 02:05 (Ref:3333393) | #1 | |
Veteran
Join Date: Jun 2009
Posts: 8,088
|
F1 Finance - What is going on?
Has anyone got any links to a definitive article on what is going on in F1 finance?
"According to Bild newspaper, however, Ecclestone might actually be Fabiana’s ‘bad boy’ because Formula 1 teams are angry with him about the unfair distribution of revenue under the new financial arrangements. Red Bull, for example, is getting an ‘appearance fee’ of $72 million this year, while Ferrari gets a whopping $99 million, on top of lucrative Concorde Agreement prize money. Struggling Lotus, however – although with only a few less points than Ferrari in 2013 – gets no such appearance bonus, according to Auto Motor und Sport" from http://grandprix247.com/2013/11/16/e...like-bad-boys/ Ferrari have the best infrastructure of any team, and then they bank $99M before anything else that is coming their way! ... and we wonder why the smaller teams can never get on an equal footing with the big ones! |
|
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Anyone who can finance this beauty for me? | Marcus666 | Formula One | 16 | 29 Sep 2012 18:03 |
Car Finance | Carrie | Road Car Forum | 12 | 22 Mar 2002 12:35 |
F1 Finance & Bernie's Empire | Schume | Formula One | 1 | 17 Jul 2000 16:42 |