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Teams lodge EU complaint over F1 finances
Complaints by the Force India and Sauber Formula 1 outfits lodged with the European Union have put the way revenue is distributed between teams under fresh scrutiny. The formal complaint to the EU Competition Commission targets F1’s owners CVC Capital Partners regarding a perceived unfair financial bias towards Ferrari, Mercedes, McLaren, Red Bull and Williams. The five aforementioned teams receive bonus payments on top of the prize money received from their placement in the Constructors' Championship. Last year these annual payments reached $352 million (AUD). Force India has confirmed through a prepared statement that a complaint has been submitted. 'Sahara Force India is one of two...
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8y ago from SpeedCafe.com
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