News Details
Only top ten teams to be paid warns Ecclestone
29 April, 2013 Bernie Ecclestone
The Formula 1 team that finishes last in the constructors' standings will no longer receive any Formula 1 income, Bernie Ecclestone has revealed.
Marussia officials have been puzzling as to why they were not offered a new Concorde Agreement for this season and beyond.
The truth now emerges: Formula 1 chief executive Ecclestone has revealed he has scrapped the $10 million prize-money for any teams that finish the constructors' world championship outside the top ten.
'They (Marussia) don't have a commercial agreement because they are not in the top ten. We pay the top ten, that's what we do,' he told Formula 1 business journalist Christian Sylt in the...
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