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Ecclestone defends Ferrari's $100 million bonus
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Former Formula 1 supremo Bernie Ecclestone has defended his role in the decision to grant a $100 million bonus to Ferrari for staying in the sport. Ferrari received the annual pay-out as the only team to have been in F1 since it began. The extra money received by the Italian squad was itself double the total received by now-defunct Manor Racing. New owners Liberty have hinted at stopping the bonus payout. But in an interview with Sky Sports News' Craig Slater, Ecclestone explained why it came about. "Why did that happen in the first place? It's very simple. [Former owners] CVC at that time wanted to have a public offering. We wanted to make sure before they went...
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