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F1 field pushing for new teams' body
Leading Formula 1 teams are in the early stages of creating a new ‘FOTA-style' body to protect their financial interests and regulatory advantages following the takeover by Liberty Media. Motorsport.com's sister publication Autosport has learned that a senior F1 team figure is leading moves to gather support for a team body that would act collectively to secure the strongest financial position and benefits for teams currently protected by the 'Constructors' Championship Bonus'. The CCB applies to Mercedes, Red Bull Racing, Ferrari and McLaren and guarantees that those teams receive preferential financial payments from F1's commercial rights holder. Any move to create a new teams' body...
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7y ago from Motorsport.com
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