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F1 teams must 'bide time' on prize money reform

Williams believes that the sport's independent teams must 'bide their time' until 2020 before they can expect a fairer distribution of Formula 1's commercial revenue. Despite its recent on-track success having helped Williams deliver a marginal profit in 2015, the team is well aware that F1 remains a financial challenge, and big-spending manufacturers are able to throw more money at being successful. The situation for independent teams like Williams is further not helped by a skewed prize money structure that ensures that bigger outfits like Ferrari and Mercedes gain more income simply because of their historical contribution. It is a system that has prompted complaints to the EU from...
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