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Horner: F1 teams will have an issue if their revenues drop
In the wake of F1 chief Bernie Ecclestone announcing he is studying ways to distribute the sport's income more fairly ahead of a new deal, but Red Bull team principal Christian Horner doubts that the big teams will accept a pay cut Ecclestone is lobbying for a system where teams get equal retainers for their partcipation, with prize money awarded for performances on track and in the constructors' championship. Formula One Management (FOM) has binding commercial deals with the teams until 2020 and many see this as Ecclestone's opening salvo ahead of negotiations with F1 teams. Horner commented, 'It's like with all these things, you've got to be comfortable with the amount of money you are...
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7y ago from GrandPrix247.com
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