News Details
Manor collapse is F1 reality check for Liberty Media
Formula One reported total revenue of $1.7 billion in 2015, and gross profit of $557 million, but the money-spinning sport was unable to prevent the Manor team from going to the wall on Friday. Seeing the starting grid reduced to 20 cars, two months before the season's opening race in Australia, is likely to stiffen the resolve of the sport's new owners Liberty Media to change the system and help smaller teams survive. Both chief executive Chase Carey, who was appointed on Monday, and F1 veteran Ross Brawn, in charge of the motorsport side, have made their views clear already. 'I think there’s a recognition that for a sport to be healthy it needs to have a fair competitive balance,'...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Manor failure is more fuel for new owners
Formula One reported total revenue of $1.7 billion in 2015, and gross...
8y ago from SuperSport.com
Manor F1 shuts down - no buyer shows up
XPB Images
Sadly, the writing was on the wall, but the Manor...
8y ago from F1i.com
Plenty talk but no action as time running out for Manor
Administrators for the Manor Formula One team say talks with interested...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
2d ago from MotorsportWeek.c...
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2h ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
37m ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
1h ago from Motorsport.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
17h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
1d ago from Motorsport.com
Can Lancia enjoy success on its anticipated WRC return?
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Cristiano Ronaldo's Al-Nassr seen as genuine candidate...
Cristiano Ronaldo-led Al-Nassr are reportedly interested in signing...
1h ago from SportsKeeda.com
'Thrown to the sharks' - Arsenal teenager Nwaneri...
Arsenal midfielder Ethan Nwaneri has completed a loan deal to Marseille...
17m ago from SkySports.com
Arsenal latest: Hincapie, Calafiori return to Gunners...
No description available...
2h ago from SkySports.com
Major transfer hint as Arsenal star changes agents...
Arsenal striker Gabriel Jesus has reportedly changed agents, with Fabrizio...
5h ago from CaughtOffside.com
Comments
Hottest News
Ferrari F1 2026 car makes track debut - watch
Lewis Hamilton has given the new Ferrari SF-26... Read More »
3h ago from RacingNews365.com
Williams pulls out of Barcelona F1 test amid FW48 delays!
Williams has confirmed that it will miss next... Read More »
57m ago from F1i.com
Breaking: McLaren handed multi-million dollar payout after...
McLaren was suing IndyCar driver Alex Palou for... Read More »
2h ago from RacingNews365.com
