News Details
Todt rues F1’s revenue distribution
XPB Images
FIA president Jean Todt says Formula One’s payment structure is flawed, but admits the organisation he is fronting cannot intervene to correct the situation. The current distribution of funds in the sport is heavily weighted towards the bigger teams, with F1 owners CVC Capital Partners handing around $250 million (£165 million) in extra monies to Ferrari, Red Bull, Mercedes, McLaren, and Williams on top of the normal prize money. These revenues, known as ‘premium payments’ and secured in early 2012 under bilateral agreements, are mentioned in the contracts signed by all F1 teams with the commercial rights holder and Bernie Ecclestone. “The FIA has nothing to...
Full Story »
Full Story »
You May Also Be Interested In...
Todt bemoans F1 money split
FIA president Jean Todt says F1 must make rules which cannot be influenced...
10y ago from SkySports.com
Schumacher situation ‘painful’, admits Todt
XPB Images
FIA President Jean Todt admits that seeing former...
10y ago from F1i.com
Todt admits that refuelling could return
FIA president Jean Todt admits that bringing refuelling back to F1 is...
10y ago from Pitpass.com
Todt: FIA should encourage equal revenue sharing
On the backs of a landmark engine deal to stave off Red Bull's threats of...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia team-mates Marco Bezzecchi and Jorge Martin...
No description available...
11h ago from Motorsport.com
Lando Norris to join Valentino Rossi at 2026 Goodwood...
No description available...
15h ago from Motorsport.com
Where has it gone wrong for Franco Morbidelli in...
No description available...
1d ago from Motorsport.com
Joan Mir to test Honda’s 2027 MotoGP bike in Brno...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Longtime IndyCar team owner Dennis Reinbold passes...
Dreyer and Reinbold Racing announced Sunday that the team’s owner and...
2d ago from MotorsportWeek.c...
Longtime IndyCar team owner Dennis Reinbold passes away
No description available...
2d ago from Motorsport.com
IndyCar Officiating details infraction severity levels
IndyCar Officiating has released more specific information regarding the...
4d ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera ready to resume motorsport career...
No description available...
19h ago from Motorsport.com
Revised gravel tyre set for WRC debut in Greece
No description available...
1d ago from Motorsport.com
Sebastien Loeb to make traditional stage rallying...
No description available...
5d ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal handed major boost as sought-after 50m star...
Arsenal are interested in signing Manu Kone from AS Roma. The Frenchman...
9h ago from CaughtOffside.com
Arsenal interested in untouchable Real Madrid target...
Arsenal are interested in signing the Spanish defender Ivan Fresneda from...
10h ago from CaughtOffside.com
Journo confirms Man United and Arsenal midfield target...
Tottenham have reportedly entered the race for Newcastle United midfielder...
18h ago from CaughtOffside.com
Insider confirms £280k per week Arsenal star is being...
Kai Havertz has reportedly emerged as a name on Bayer Leverkusen’s...
20h ago from CaughtOffside.com
Comments
Hottest News
F1 driver replaced by Lewis Hamilton at Ferrari claims 'he...
Former Ferrari F1 driver Carlos Sainz, who was... Read More »
7h ago from GPFans.com
Christian Horner and Geri Halliwell prepare £45m to buy...
Right then. Are you nice and settled? The most... Read More »
8h ago from GPFans.com
Red Bull and McLaren taking FIA action as Ferrari adopt...
Check out the biggest stories of the day with the... Read More »
7h ago from RacingNews365.com
