- 33,155
- Hammerhead Garage
We have threads for races and threads for cars, threads for the calendar and threads for the driver market and for technical development, but we don't really have any threads for the business side of Formula One. If and when it comes up, it tends to get integrated into current discussions and so it can be difficult to follow the narrative arc unless you're in all the right threads. Given the sheer amount of money involved, I thought it merited discussion, especially since the politics driving everything tend to make headlines.
It's worth starting with this - Bernie's desire to restructure prize money and television rights so that teams get an equal base payment, citing the EPL as a possible model to follow:
http://www.speedcafe.com/2016/06/28/ecclestone-seeks-f1-revenue-reform/
But (as usual) there's a catch - in order to push the reforms through, he needs the agreement of all of the existing teams, or else he has to wait until 2020 when the current agreements expire.
It's worth starting with this - Bernie's desire to restructure prize money and television rights so that teams get an equal base payment, citing the EPL as a possible model to follow:
http://www.speedcafe.com/2016/06/28/ecclestone-seeks-f1-revenue-reform/
But (as usual) there's a catch - in order to push the reforms through, he needs the agreement of all of the existing teams, or else he has to wait until 2020 when the current agreements expire.