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Wolff: $450-Million Formula 1 entry fee paid by Cadillac is too low

Mercedes Formula 1 team principal Toto Wolff has criticised the $450-million entry fee paid by General Motors for Cadillac’s inclusion as the sport’s 11th team, suggesting the figure is insufficient to offset the impact on existing teams as the sport booms globally. The fee paid by Cadillac, set by Formula 1 to compensate its current teams for the dilution of…
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1mo ago from GrandPrix247.com 0
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