Formula 1 director of motorsport Ross Brawn says reduced spending coupled with a more equitable prize fund will boost the sport's smaller teams' chances of success. For years, Formula 1's front-runners and manufacturer outfits have received the lion's share of the sport's prize money. The windfall has been generated by the big teams' dominance of the competition but also by the specific rules that sanction the redistribution of F1's profits. F1's pot of gold is split up according to a three-element plan. 'Column 1' money is a share of revenue paid to teams that finished in the top 10 of the championship in two of the previous three season, while 'Column 2' are funds paid to a team...
Full Story »