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FIA seeks larger slice of F1 revenue?

The FIA is said to be close to agreeing a deal that will see it take a bigger share of the revenue generated by F1, according to a report in the business publication Bloomberg.Citing 'two people familiar with the situation', the publication reported that the FIA is set to increase its annual income from F1 to around $40 million, which would be an increase of at least 40 per cent on the figure it currently receives.The increased figure would be down in no small part to new entry fees put in place for 2013, which see teams pay more depending on how many points they have scored during the current season.Champions Red Bull are set to pay more than $3 million for their entry, with one of the...
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