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
Davide Tardozzi dismisses “absurd” rumours about...
No description available...
3h ago from Motorsport.com
Carlos Ezpeleta: “We don’t have enough space”...
No description available...
7h ago from Motorsport.com
Jorge Martin: ‘I could have fought Marc Marquez till...
No description available...
1d ago from Motorsport.com
Marc Marquez set to return on a motorcycle after long...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
2d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
3d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
2d ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
2d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal interested in signing 24-year-old Borussia...
Arsenal are reportedly interested in signing Borussia Dortmund goalkeeper...
3h ago from SportsKeeda.com
Glasner hopes to gee up jaded Palace as he eyes...
sday’s quarter-final will be the Eagles’ 29th game of the season and...
4h ago from TheGuardian.com
Arsecast Extra Episode 672 – 22.12.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
5h ago from Arseblog.com
Your Premier League club's transfer plans for January
No description available...
6h ago from SkySports.com
Comments
Hottest News
Red Bull reveals the real reason behind Christian Horner...
Red Bull CEO Oliver Mintzlaff has confirmed the... Read More »
3h ago from MotorsportWeek.com
Puma release new Aston Martin merch and it doesn’t look...
Licensed F1 apparel provider PUMA have released a... Read More »
2h ago from GPFans.com
FIA seals fuel-flow meter rules in grey area before 2026
Formula 1’s 2026 revolution has barely begun,... Read More »
1h ago from F1i.com
