By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sport PluseSport Pluse
  • Home
  • Football
  • NFL
  • NBA
  • Mlb
  • Nhl
  • MMA
  • Racing
  • Rugby
Reading: FIA explain how they spend money from F1 driver fines | F1
Share
Notification Show More
Sport PluseSport Pluse
  • Home
  • Football
  • NFL
  • NBA
  • Mlb
  • Nhl
  • MMA
  • Racing
  • Rugby
Follow US
© 2024 All Rights reserved | Powered by Sportpluse
Sport Pluse > Racing > FIA explain how they spend money from F1 driver fines | F1
Racing

FIA explain how they spend money from F1 driver fines | F1

January 24, 2025 3 Min Read
Share
FIA explain how they spend money from F1 driver fines | F1
SHARE

Table of Contents

Toggle
  • FIA clarify how cash from fines is spent
  • Subscribe to our F1 Publication

The FIA have clarified how they spend the cash accrued from fining the F1 drivers.

A complete of 270,000 Euros was taken out of the pockets of the drivers by the game’s governing physique final season for a collection of punishments.

Drivers had been fined for transgressions together with pitlane rushing, crossing a dwell monitor, and most controversially utilizing foul language.

Charles Leclerc and Max Verstappen had been notably fined for swearing in official press conferences.

However the FIA have moved to elucidate what they do with the cash.

FIA clarify how cash from fines is spent

“The FIA will not be a profit-making organisation,” Nikolas Tombazis, the organisation’s head of single-seater racing, advised Autosport.

“We do not have shareholders who’re some numbers within the inventory alternate and hoping for share value to go up or get extra dividends or something like that.

“So all the cash is spent on what is taken into account to be useful features, whether or not it’s for security, for grassroots in motorsport, or generally different tasks that are to do with highway security.

“I feel this query is usually barely influenced by the feelings of the second, of no matter wonderful is being mentioned and so forth.

“I realise that anybody who’s paying a wonderful is all the time barely irritated about it and should really feel considerably aggrieved, however for positive there are such a lot of totally different ranges of tasks that I feel you’ll be able to by no means come to the conclusion that this cash is one way or the other spent for Christmas events and so forth.

See also  McLaren tipped to side with Oscar Piastri after ‘outwitting’ Max Verstappen

“The sum of money spent in grassroots vastly exceeds the fines accrued, which I feel signifies that something that goes in there may have a optimistic influence.

“I feel you’d battle to seek out tasks on the FIA that do not have some motorsport grassroots or social influence.

“What I can say with absolute certainty is that fines of drivers in a single sport do not subsidise one other sport or one other class or one thing like that.

“However in case you have a look at different initiatives, whether or not it’s our campaigns, just like the one about on-line abuse and all of the grassroots we have been speaking about earlier than, or security tasks, I consider are noble methods of spending such cash. And this cash does contribute to that.”

Subscribe to our F1 Publication

You Might Also Like

The RACER Mailbag, March 26

Johnny Herbert points at F1 team under “the biggest pressure” in F1 2025 | F1

Sainz heads Hamilton as rain hits second day of F1 testing

Chelsea now racing Barcelona for midfield maestro likened to Lionel Messi

Aprilia’s new tech boss outlines shock aspect of Marco Bezzecchi’s knowledge | MotoGP

TAGGED:driverexplainFIAfinesFormula RacingmoneyRacingspend
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

2025 Emilia-Romagna WorldSBK: Race 2 LIVE UPDATES
2025 Emilia-Romagna WorldSBK: Race 2 LIVE UPDATES
Racing
"Dominant" £17m star says yes to signing for Leeds United
“Dominant” £17m star says yes to signing for Leeds United
Football
Kamaru Usman mauls Joaquin Buckley on the ground to win UFC Atlanta main event, declares the ‘boogeyman’ is back
Kamaru Usman mauls Joaquin Buckley on the ground to win UFC Atlanta main event, declares the ‘boogeyman’ is back
MMA
Viktor Gyokeres celebrates scoring for Sporting
Revealed: Why Arsenal still feel they are in pole position to sign Viktor Gyokeres
Football
Edmen Shahbazyan vs. Andre Petroski - UFC Atlanta Highlights
Edmen Shahbazyan Delivers Dominant Showing Against Andre Petroski – UFC Atlanta Highlights
MMA
sportpluse sportpluse
sportpluse sportpluse

At Sportpluse, we believe sports are more than just games—they are a universal language that inspires, unites, and ignites passion.

Quick Links

  • Football
  • Mlb News
  • MMA News
  • NBA News
  • NFL News
  • Nhl News
  • Racing News
  • Rugby News
  • NFL News
  • Nhl News
  • Racing News
  • Rugby News

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Quick Links

“Under no circumstances…” – Newcastle set to seal £20m deal as La Liga option ruled out
PSG are a different team to the one Arsenal beat earlier this season
25-year-old Leeds ace could head to Premier League club in the summer
© 2024 All Rights reserved | Powered by Sportpluse
Welcome Back!

Sign in to your account

Lost your password?