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Wolff confirms Ecclestone prize money reforms

Mercedes team chief Toto Wolff has confirmed that Formula One commercial ring-master Bernie Ecclestone has discussed reforms to the structure and distribution of the sport's prize money. Wolff said he met the Briton on Thursday and talked about ‘various models’ for the future as the sport prepares to move to a fairer and more even distribution of its growing income and wealth. He said the key factor was to add more value to teams’ performance and less on a team’s history in the sport. "I think it's in everybody's interests to have stability long-term and we discussed various models,” Wolff told reporters on Friday when torrential rain interrupted Austrian Grand Prix second...
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