F1 » CVC payout to help strugglers?


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andrewm

August 10, 2009 12:41 PM

Is this believable? It was reported in the Express.

Mabye Bernie has a heart after all. I bet there will be some way of getting the cash back from the strugglers anyway. It'll be more of a loan surely.

Alec X - Unregistered

August 10, 2009 2:36 PM

If it was reported in the express then I would take it with a pinch of salt. Or maybe a truck load. CVC giving more money to the teams? Doesn't sound likely.

Ariadne - Unregistered

August 10, 2009 3:10 PM

This agreement is well known and has frequently been mentioned not least of all in connection with the "they had better be sure they can f***ing pull the trigger" boycott reports.

Shirley Knott

August 10, 2009 3:12 PM

Be interesting to know how this is worked out, is it on results or just for competing?
Knowing Bernie it'll be a loan with interest repayable.
If it's worth enough it may be worth it to keep the smaller teams in I suppose.... Gotta have those back markers getting in the way

rob01

August 10, 2009 3:53 PM

This is the money that was DUE to them.. Flav asked for it and got thrown out the building. It almost caused Bernie to cancel the planes. It's money he held over their heads to sign the new agreement. Mind you it was an agreement that no one wanted and did not sign. These are not loans.

andrewm

August 10, 2009 5:50 PM

I've heard from a reliable source that Bernie's wallet is so difficult to open it has a health warning stating that fingers may be lost due to the speed by which it snaps closed. Seriously, people have been hospitalised with hernias through trying (and failing) to open his wallet. The only way to open it through Bernie's secret incantation (and people laugh when I say that he is really Harry Potter - huh!).

Alan D - Unregistered

August 10, 2009 9:40 PM

I'd rather see teams paid for competing rather than prize money. This would allow teams to better budget. Motor racing is fickle enough already without knowing that the crowd thrilling toe to toe battle that resulted in you hitting the wall also cost the team a bundle of prize money. Successful teams get the kudos of winning and can attract bigger sponsorship packages.

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