News Details
Liberty set to offer teams advance on payments after revenue drop
Liberty Media is set to offer Formula 1 teams an advance on payments in order to make up for a recent revenue shortfall, according to Red Bull chief Christian Horner. Sunday's Abu Dhabi Grand Prix marks the last race of Liberty's first full season running F1, having completed its $8.8 billion takeover in January. Investment from Liberty in areas such as infrastructure and marketing has resulted in a drop of revenue that was confirmed to investors earlier this month, leading to reduce pay-out to teams as a result. Related Articles LIVE: Abu Dhabi Grand Prix - FP3 Russell eager to keep working with Force India alongside F2 in 2018 Horner wants McLaren to reverse F1 veto on fin for 2018...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty Media offer cash advances to cushion blow to...
Commercial rights holder Liberty Media has offered Formula 1 teams cash...
8y ago from GrandPrix247.com
As revenues fall, Liberty offers teams interest-free...
As previously reported, in the nine months to September, the prize money...
8y ago from Pitpass.com
Analysis: Why F1's $43 million prize money drop has...
As their prize money income takes a major hit for the first time in recent...
8y ago from Motorsport.com
Horner wants McLaren to reverse F1 veto on fin for 2018
Red Bull team principal Christian Horner is eager to persuade McLaren to...
8y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
2h ago from Motorsport.com
Aprilia Racing presents 2026 MotoGP livery
Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
2h ago from MotorsportWeek.c...
Valentino Rossi’s VR46 team launches 2026 MotoGP...
No description available...
1d ago from Motorsport.com
VR46 boss defends Franco Morbidelli after...
VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
20h ago from Motorsport.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
1d ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
4d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
2h ago from Motorsport.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: 'Tired of empty pockets' - Saliba...
No description available...
37m ago from SkySports.com
Arsenal’s power statement shows this time they have...
st-leg victory at Stamford Bridge displayed the hallmarks of another...
17m ago from TheGuardian.com
Paul Merson predicts Manchester United vs Manchester...
Arsenal failed to win against Liverpool last time out in the Premier...
17m ago from SportsKeeda.com
“My pocket was empty the last year” - Arsenal...
Arsenal defender William Saliba said he is ‘tired’ of finishing the...
2h ago from SportsKeeda.com
Comments
Hottest News
‘It’s all nonsense’: Former F1 insider slams Perez's...
The checkered flag may have dropped on Sergio... Read More »
57m ago from F1i.com
FIA to provide major F1 exemption ahead of pre-season...
It has been reported that a fuel exemption has... Read More »
37m ago from RacingNews365.com
Lewis Hamilton F1 boost after rumours of Ferrari chaos
Rejoice, praise whatever deity you favour, jump... Read More »
1h ago from GPFans.com
