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Analysis: Why F1's $43 million prize money drop has caused alarm

As their prize money income takes a major hit for the first time in recent memory, just how worried should Formula 1 teams be? No issue is guaranteed to get Formula 1 team bosses more revved up than the prize money they get to take home. The number of dollars that teams get to put in the bank from F1’s commercial rights income has underpinned almost all the major skirmishes between the competitors and sports chiefs over the years. So when Liberty Media announced earlier this month, as part of its regular quarterly updates, that the prize money pool for teams was going down for the first time in recent memory, it was no surprise that it caused some angst. Tucked away inside its...
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11mo ago from Motorsport.com 0
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