>


Advertisement
Rumors
Rumor Rating Description
A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
for your iPhone
for your iPad

2015 IndyCar Silly Season Page | 2015 F1 Silly Season Page

Go to our forums to discuss this news
DATE News (chronologically)
05/16/13
f1
Seven Of 11 F1 Teams Are In Financial Trouble
Seven of the 11 F1 teams "are reportedly unable to afford the new engines for the '14 season," according to Helmut Uhl of BILD.

Besides the top four teams, Red Bull, Ferrari, McLaren and Mercedes, "the rest of the field is in financial trouble." The three engine suppliers, Mercedes, Ferrari and Renault, "experienced it first hand when they announced the prices of the new 1.6 liter V6 turbo engines for the '14 season."

Renault is asking up to €23M ($30M) per team for the whole season. Out of four teams that Renault currently supplies, only Red Bull would be able to pay for the '14 engine. The other three teams, Caterham, Williams and Lotus, have already said that "they are unable to afford it."

Toro Rosso, which currently gets its engines from Ferrari and is rumored to switch to Renault engines in '14, "would also be unable to pay" the steep price of €23M. Mercedes has already reduced the prices for its engines from €20M ($26) to €18M ($23M), so McLaren and Force India "might be able to afford them." And Sauber, which gets its engines from Ferrari, "is to be unable to afford" the €15M ($19M) that Ferrari wants for its engine. BILD
Rumors Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015

Search Rumors
Search Help

Banner 10000012