Posted on April 29, 2013

F1 promoter Bernie Ecclestone has confirmed to the Daily Telegraph that the automatic $10m prizemoney payments made to the “new” teams which entered F1 in 2010 are to end. From now on only the top ten teams will receive money each season. This makes the battle for 10th place in the constructors’ championship more intense than ever, with Caterham and Marussia vying for the final position. Currently Marussia holds 10th place due to Jules Bianchi’s 13th place in Malaysia. When former FIA president Max Mosley pressed for the new teams to enter the sport, Ecclestone agreed to pay them each More…

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