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Liberty takes aim at Ferrari's $100m bonus
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Formula One's new owners Liberty Media Group are targeting some of Ferrari's unique perks for competing in the sport, including their guaranteed $100 million annual prize pay-out. Ferrari is the only team which has competed in the championship ever since it began in 1950, and as a result has built up a number of financial and organisation benefits. Ferrari receives at least $100 million in prize money each year compared with backmarkers Manor and Sauber who receive only half that amount, according to Forbes business magazine. But Liberty wants to see a more even playing field in the sport and is aiming to reverse some of the benefits accrued by Ferrari and other top...
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