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Wolff backs Mosley's budget proposal
Mercedes boss Toto Wolff supports Max Mosley's proposal of a budget cap as a means of aiding some F1 teams. Writing in the Telegraph last week, former FIA president Mosley warned that the sport is heading for a 'major crisis' unless it addresses some of the challenges facing the sport. Most important of all, according to Mosley, is the spending gap between the sport's haves and have-nots, a situation that cannot be addressed under the current system, yet if it isn't threatens the existence of several current teams. Of the £500m prize money in 2014, Ferrari, McLaren and Red Bull received around 46%. Indeed, due to its status in F1, the Italian team is guaranteed around £65m...
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