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Brawn to miss out on Honda cash

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source espn/ star sports

Brawn GP look set to miss out on as much as £20m in prize money that was owed to the Honda team last season.
It initially seemed that the Brawn team - who maintained most of its Honda characteristics - would be entitled to the winnings, but F1 supremo Bernie Ecclestone has indicated this is not the case.
Speaking to The Independent, Ecclestone is reported to have said that the Honda winnings "will not be paid to Brawn" and might not "be paid out at all".
The FIA have classed Brawn GP as a new team, and thus they are not necessarily entitled to the winnings. Under the Concorde Agreement, which binds all teams to racing in Formula One, the money should be split between the teams that remain in the sport.
But Ecclestone admits that in the case that the teams cannot come to an agreement on wheather the money should be given to Brawn or split between the teams, then "we can keep it".
The 68-year-old also admitted that he was not particularly enamoured by Brawn GP's change of name.
"I opposed the name Brawn," he said.
 
O

Oli Bellamy

Speaking to The Independent, Ecclestone is reported to have said that the Honda winnings "will not be paid to Brawn" and might not "be paid out at all".
Bernie Ecclestone pocketing 20 million by throwing rules in everyones faces? Well thats a freaking surprise.
 

Gary Lennon

3000RPM
Feb 19, 2008
3,273
203
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I think thats all quite reasonable and fair really,wee Bernies 6foot 7inch wife and pampered spoiled daughter will easily go through that in a weekend on shoes and handbags.
 

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