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Bernie Ecclestone wants 'more equal' distribution of prize money
Bernie Ecclestone is considering a plan to scrap Formula 1's current prize money agreement, which guarantees top teams a far greater slice of the sport's revenues, simply for turning up and competing. The way in which prize money is distributed has been a sore point for many years, with Force India and Sauber making an official complaint to the European Union's Competition Commissioner last year, claiming the system to be 'unfair' and 'anti-competition'. At present, Ferrari is awarded a historical bonus of around $100 million (£75m) for simply taking part, whilst other teams such as Mercedes, Red Bull, Williams, McLaren and Renault, also receive bonuses based on their...
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10y ago from GrandPrixTimes.com
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