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Small teams urge Ecclestone for help in leaked letter

A leaked letter addressed to Bernie Ecclestone from Force India deputy team principal Bob Fernley has urged the 83-year-old to help the smaller teams either financially or by forcing a budget cap. Ecclestone had informed the teams that he would raise the issue with CVC Capital Partners, but later decided that it would be a pointless exercise and instead asked the larger teams to give up a share of their prize money to help struggling outfits. That idea was rejected by the 'big five', therefore leaving Force India, Lotus and Sauber without a solution. In the letter, Fernley once again urges Ecclestone to find a way of distributing the sport's revenues more fairly. At present, the 'big five'...
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10y ago from TheF1Times.com 0
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