News Details

‘2021 prize money breakdown still on the table'

F1 boss Chase Carey is not setting a deadline but would like future prize money distribution to be resolved as soon as possible. When Liberty Media released their blueprint for 2021 earlier this year, they spoke of changing the way prize money is broken down between the ten teams. At present prize money is heavily awarded in favour of the top teams, however, they are also often the ones that attract the biggest sponsorship deals. As such F1's owners want fairer distribution in the future. 'It's the governance and the prize fund that we have to finalise,' Carey, F1's chairman, told RaceFans.net. 'We're not putting a deadline out there. 'As I've said in other cases, I think those sort of...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Toto Wolff: 'What I have with Mercedes is unique'

Much has been made of Toto Wolff's future at Mercedes. There is...
4y ago from GPBlog.com

Chase Carey: 'I hope Hamilton races in Formula 1...

Lewis Hamilton is fast approaching Michael Schumacher's record of seven...
4y ago from GPBlog.com

Carey brands his own series too ‘complicated'

Chase Carey, CEO of the Formula One Group, has criticised the FIA for...
4y ago from PlanetF1.com

Maitland's Undercut: Hamilton-to-Ferrari, I smell a...

Question: Who is the most important person in Formula 1? Is it the...
4y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pourchaire to make IndyCar debut in Long Beach with...

Arrow McLaren has announced that the reigning Formula 2 champion Theo...
16h ago from MotorsportWeek.c...

IndyCar's new Aeroscreen makes early debut at Long...

The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...

Popular On TotalWRC.com

Sebastian Ogier tops Croatia Rally shakedown

Sébastien Ogier announced his return to FIA World Rally Championship...
10h ago from MotorsportWeek.c...

Popular On GunnersToday.com

No feeling sorry for ourselves, ‘war chest'...

Morning all. It's gonna be a pretty quick blog today, I think. Between...
15m ago from Arseblog.com

Comments

Hottest News

Kravitz and Rosberg know why Alonso is not going to Red...

Ted Kravitz and Nico Rosberg are sure: Fernando... Read More »
1h ago from GPBlog.com

F1: Chinese Grand Prix: Practice - Times

Times from today's free practice session for the... Read More »
55m ago from Pitpass.com

2024 F1 Chinese Grand Prix - Free Practice results

Check out the results from Free Practice ahead of... Read More »
1h ago from RacingNews365.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.