News Details
Ross Brawn: Ferrari recognises F1 prize money system must change
Formula 1's managing director of motorsport Ross Brawn says a solution to the prize money disparity between the larger and smaller teams must be found, if the sport is to attract new teams. Drawn up under former owners Bernie Ecclestone and CVC, the agreement between the teams, known as the Concorde Agreement, sets out how the prize money is distributed between the teams. There are several historical payments and one of those is called the Long Standing Team (LST) bonus, which at present is only paid to Ferrari, meaning its basic payment for the 2018 season would have been around $140m – even if it finished last in the championship – almost 50 per cent of that...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Revealed: The projected prize money payments to F1...
Ferrari will take the largest share of the prize pot despite Mercedes...
6y ago from GPBlog.com
Despite higher revenue, F1 reports loss; less team...
Photo by: www.kymillman.com/f1 It is a bit difficult to connect the dots...
6y ago from TheParcFerme.com
Abiteboul laments the emergence of 'B Teams'
Renault boss Cyril Abiteboul has lamented the trend of larger Formula 1...
6y ago from GPFans.com
Vettel and Leclerc will be difficult to manage - Brawn
Ross Brawn says Ferrari may find it tricky to manage a high-calibre driver...
6y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez and Pedro Acosta are against MotoGP’s...
No description available...
28m ago from Motorsport.com
Patience, a major goal for Alex Marquez in 2025 MotoGP...
No description available...
1h ago from Motorsport.com
Jack Miller and Miguel Oliveira to keep sweating over...
No description available...
3h ago from Motorsport.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
7h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
3d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
3d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
1d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
2d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
Wayne Rooney predicts where Manchester United,...
Former Manchester United superstar Wayne Rooney has backed Liverpool to...
1h ago from SportsKeeda.com
Two clubs in contact to sign Arsenal attacker as...
Arsenal are reportedly facing interest in prolific young talent Dan Casey,...
4h ago from CaughtOffside.com
Eberechi Eze player profile: The star at the centre of...
Crystal Palace star Eberechi Eze has become one of the best players in the...
3h ago from CaughtOffside.com
Paul Merson predicts Manchester United vs Arsenal and...
And we're back! The Premier League returns for what promises to be an...
4h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner’s Red Bull ‘termination' details...
Christian Horner's Red Bull departure has been... Read More »
1h ago from GPFans.com
Axed F1 star initiates retirement U-turn as new signing...
A one-time F1 star looked like he was going to be... Read More »
47m ago from GPFans.com
Red Bull cuts remaining ties with Christian Horner
Energy drink company Red Bull GmbH has severed... Read More »
48m ago from F1i.com
