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Marchionne 'still shopping' for alternatives to F1

Ferrari chairman Sergio Marchionne is keeping his threat to quit F1 on the back-burner following last week's meeting in Bahrain between Liberty Media and the sport's teams. F1's commercial rights holder revealed its vision of the future, complete with a series of financial changes set to tack hold from 2021. Under the new regime, Ferrari would retain a heritage bonus payment but one that would be reduced, while a new prize money structure would also result in less income for the top teams as F1 works to put together a more equitable distribution of prize money. F1 aims to lower the 'drawbidge' to attract new suppliers - Brawn Speaking to the Agence France-Presse, Marchionne is keeping a...
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6y ago from F1i.com 0
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