Has anyone got any links to a definitive article on what is going on in F1 finance?
"According to Bild newspaper, however, Ecclestone might actually be Fabiana’s ‘bad boy’ because Formula 1 teams are angry with him about the unfair distribution of revenue under the new financial arrangements.
Red Bull, for example, is getting an ‘appearance fee’ of $72 million this year, while Ferrari gets a whopping $99 million, on top of lucrative Concorde Agreement prize money.
Struggling Lotus, however – although with only a few less points than Ferrari in 2013 – gets no such appearance bonus, according to Auto Motor und Sport"
from
http://grandprix247.com/2013/11/16/e...like-bad-boys/
Ferrari have the best infrastructure of any team, and then they bank $99M before anything else that is coming their way!
... and we wonder why the smaller teams can never get on an equal footing with the big ones!
19 Nov 2013, 02:05 (Ref:3333393)
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