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Merc boss: Money a big sticking point
Mercedes boss Toto Wolff admits that the distribution of prize money is the 'elephant in the room' when it comes to Formula 1's 2020/2021 commercial contracts. The last deal brokered by Bernie Ecclestone on behalf of previous owners CVC Capital will expire in 2020 and new owners Liberty Media has already started negotiations with teams over a new contract. However, initial discussions have not gone down well and Ferrari have threatened to pull out of F1 as they are not happy with the direction in which Liberty Media is taking the sport. There have been talks about possible budget caps and Wolff says they are not against it, but warns Mercedes have their concerns over future distribution of...
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7y ago from PlanetF1.com
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