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F1 team contract talks can't become destructive - Brown
McLaren executive director Zak Brown has warned talks surrounding the future of Formula 1 beyond 2020 must not become "destructive". Each team has an individual bilateral contract with Formula One Management tying it to the championship and these expire at the end of 2020. Ferrari's includes the right to veto regulations as well as a stipulation it will receive a long standing payment and a constructors' championship bonus each year from FOM revenues. Mercedes, Red Bull, McLaren and Williams also receive additional payments as per their respective contracts. Talks regarding what form the next agreements will take are ongoing, with Ferrari president Sergio Marchionne have made...
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6y ago from Motorsport.com
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