F1 » F1's best and worst bill-payers revealed


An independent report has cast some light upon the speed with which F1 teams settled their financial debts in 2010 - and despite an estimated £1.3 billion budget between them, it seems some weren't very speedy at all...

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JoeS

January 10, 2011 9:16 PM

So why is there no data for HRT and Sauber? Because they fell so far behind that the people counting lost rack :S. anyways, the Lotus news is a bit unnerving, and theres no obvious way to get that right. Congrats to Virgin and Toro Rosso who have paid, for the most part, on time on a very limited budget

Dangerous Dave - Unregistered

January 10, 2011 11:29 PM

A lot of the F1 teams at the lower end of this scale are merely using there own suppliers as a means of bankrolling their business. This , whatever the reason, is totally unacceptable and destroys trust as well as risking the survival of the smaller businesses.
I congratulate Red Bull and Toro Rosso who achieved much and retained trust. Furthermore, this is a very important topic with regard to the credibility of some of the teams further down the scale, despite some of the amateur comments by contributors who probably find it difficult to understand how hard it is to survive in the current climate!

beeflin

January 11, 2011 8:58 AM

I totally agree with Dangerous Dave. Paying late, apart from being an abuse of trust which should rightly earn you a cash-upfront relationship in future, effectively uses someone else's liquidity and interest as your own. Like others here I'm impressed with the Red Bull teams and disappointed with Lotus, whose owner talks the talk of being an investor in people but really needs to put his hand deeper in his pocket if he's serious about this business.

constantine - Unregistered

January 11, 2011 3:30 PM

tony's team are 180 days late? coincidently his air asia flight skid out of runway at malaysia.

www dot thestar dot com dot my/news/story.asp?file=/2011/1/11/nation/20110111112517&sec=nation

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