Ecclestone's moves to create fairer finances

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Ecclestone's moves to create fairer finances Empty Ecclestone's moves to create fairer finances

Post by dyrewolfe on Fri 01 Jul 2016, 1:34 pm

Looks like the Big 4 teams can kiss goodbye to their bonus payments.


Bernie Ecclestone is preparing to scrap more than £150 million paid to the top four teams to wipe out inequality in the sport and give the smallest outfits a chance to compete.

The Formula One chief executive is secretly preparing to wipe out historic bonus payments to Red Bull, Ferrari, McLaren and Mercedes to introduce a Premier League football-style system of flat payments plus prize money for performance.

http://www.thetimes.co.uk/article/ecclestones-secret-plans-to-scrap-the-unfair-team-bonus-payments-tjl3psclf


Long-overdue but I suppose we have to give him credit for finally doing something about this grossly unfair situation.
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Ecclestone's moves to create fairer finances Empty Re: Ecclestone's moves to create fairer finances

Post by nathan on Sun 03 Jul 2016, 7:38 pm

About time, but wasn't it Bernie who brought in the unfair payments in the first place

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