F1 plans £100m rescue package for grands prix strugglers
Formula One eager to avoid possible boycott by teams Force India, Sauber and Lotus hoping for more support Marussia follow Caterham into administration
CVC Capital Partners, the majority shareholders in Formula One, look ready to pay out an extra £100m to help the struggling smaller teams in the sport.
Force India, Sauber and Lotus were reportedly prepared to boycott Sundays United States Grand Prix because of their financial frustrations following the recent problems at Caterham and Marussia, who have both gone into administration in the past fortnight though Marussia are still hoping to run in Abu Dhabi after missing the US and the upcoming race in Brazil.
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