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Glock says Singapore result worth EUR 10 million

He didn’t even score a point, but Timo Glock’s performance in Singapore on Sunday could be worth as much as EUR 10 million.

Timo-GlockThe experienced German finished twelfth, which betters Caterham’s best 2012 finish of 13th place at Monaco.

Marussia therefore leapfrogs its green-coloured rival to take the all-important tenth place in the constructors’ world championship with six races still to go.

“We do of course need to hold on until the end of the season and I hope we can,” said Glock.

“Over the last four months we have really closed the gap to Caterham and this is a very nice reward to everyone in the team because it has not been easy.”

The 30-year-old told Bild newspaper: “This twelfth place is worth ten million euros at the moment!”

He is referring to the confidential Concorde Agreement, under which the sport’s top ten teams share a lucrative prize pool.

Bild said Marussia’s total budget for 2012 is only about EUR 40 million.

Glock, meanwhile, said he is staying put for now.

“I have a contract (with Marussia) until 2014,” he revealed.

© RIF | GMM