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Wolff backs performance-related payments

Formula 1's future prize money structure should do away with special bonuses for top teams and instead be based on past and present performance, Mercedes motorsport head Toto Wolff said on Thursday. Speaking after talks at the Austrian Grand Prix with commercial supremo Bernie Ecclestone, Wolff told reporters that the sport was making more money than ever and all teams should be guaranteed a basic amount. Revenues above that should reflect performance. 'We had a long discussion … one topic was how to redistribute the prize fund going forward. I think it's in everybody's interest to have stability long-term and we discussed the various models,' said the Austrian. 'The prize fund is...
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