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Williams eyes fairer distribution of F1's revenues from 2020
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Claire Williams says she hopes that having a fairer payment structure in Formula One will be part of future negotiations with the sport’s commercial rights holder, as the current agreements are set to expire in 2020. Each team currently has an individual bilateral deal with F1 supremo Bernie Ecclestone, with top outfits like Ferrari and Mercedes receiving extra revenues in addition to F1's normal prize money schedule. Sauber and Force India have already lodged a complaint with the European Union opposing a system they describe as both “unfair and unlawful”. Williams, whose F1 operations reported a 0.2£ profit on Monday, admits that independent structures must...
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