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Teams ‘nervous' about dwindling prize money
Former Caterham team principal Manfredi Ravetto says teams will receive far less prize money due to COVID-19 and are worried about it. Each team receives prize money at the end of a season based on where they finished in the Constructors' Championship, and it's a crucial part of their funding. Given this, Ravetto believes that there is concern throughout the grid over the fact that the numerous race cancellations in 2020 and other factors have apparently made the amount F1 can pay out smaller. “Due to the cancellation of many Grands Prix that pay big fees, and less income from sponsorship and merchandising, the prize pool that is available to the teams is less,” he told Formule 1's...
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5y ago from PlanetF1.com
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