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Formula 1 confirms new prize-fund plans
Formula 1's midfield teams should be able to make "a small profit" under Liberty Media's new prize-fund plans. At present, as part of the revenues distributed to teams by Liberty Media, there is a sliding scale of payments from the first to last in the constructors' championship. Article continues under video In 2019, for example, champions Mercedes earned $66millon for claiming the title, while Williams received only $15million for finishing 10th. F1's managing director of motorsports Ross Brown has confirmed there will be "a much more equitable prize fund in the new agreement" that is currently being drawn up between Liberty Media and the 10 teams. Speaking to Sky...
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