Inequality formula
In F1, a stunning inequality reigns, writes the online publication Motorsport.com. A number of teams that do not score a single point in the Constructors’ Cup will receive more prize money than most of their rivals – even if some of them manage to win the championship. The fact is that in 2012 the teams were unable to conclude the Agreement of Consent – a document that spells out the rights and obligations of all F1 participants. It was signed only by the organizer of the races – the International Automobile Federation (FIA) and the owner of the broadcasting rights – Formula One Management (FOM). Ecclestone began to negotiate with each team separately. He offered the leaders the best conditions, the rest he put before a choice: to sign a contract in his edition or to leave the races. As a result, Mercedes, Red Bull, McLaren, Williams and Renault teams receive bonuses just for being there, according to Motorsport.com. For Mercedes and Red Bull, they can be 55-60 million pounds per season, and for Ferrari – for “historical significance” – about 80 million. Because of this, the same teams go to the leaders, and newcomers and second-tier teams need huge financial investments to challenge them. It is difficult to change the situation. From 2013, all changes to the regulations must be approved by the Strategic Group. It includes the FIA, FOM, five F1 leaders – Mercedes, Red Bull, Ferrari, McLaren and Williams – and the strongest of the rest of the Force India teams. The opinions of other racers are not taken into account, Motorsport.com regrets.
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