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Wolff: New model could bring less money
Toto Wolff believes that Liberty Media will find it more and more difficult to keep the level of income as high as it was, under the new model. Next year’s planned grand prix in Miami will be run under a different model, with F1 taking a share of gate and hospitality income, instead of the old system, where a promoter paid a fee which then escalated as years went on. News of this has seen representatives from the Baku and Hockenheim races looking for improved deals in the future. Mercedes team boss Toto Wolff believes that Liberty will struggle to replicate the sort of deals that Bernie Ecclestone always seemed to get done. 'Sanction fees were one of the three key revenue generators...
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7y ago from PlanetF1.com
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