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Carey: New F1 teams “should be part of the sport, not a second-class citizen”

Formula 1 boss Chase Carey has said that new teams wanting to join the Formula 1 grid “should be part of the sport, and not a second-class citizen” with the change of financial regulations in 2021. Currently the prize money distribution for F1 teams include equal pay to all who finish in the top 10 in the constructors championship for two of the past three seasons. Haas was the most recent entry to the sport back in 2016 and finished eighth on 29 points but had to wait until the 2018 season to receive the Column-1 payment. But, along with the budget cap of $175m being introduced in 2021, the payment system is set for a change which will see the equal payment to top 10...
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9mo ago from GPBlog.com 0
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