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Money talks louder than ever in Formula One

Money has always talked in Formula One but now, with Caterham and Marussia in administration and only nine teams in Sunday's US Grand Prix, the talk is increasingly about money itself. The cost of competing in Formula One has become the hot topic and, with no sign of agreement on how to bring it down and share revenues more equally as smaller teams are demanding, will only become hotter. The sport, with 19 races this year and 20 scheduled for 2015, has annual turnover in excess of $1.5 billion with more than half of that sum leaving the sport as money due to the commercial rights holders. Formula One supremo Bernie Ecclestone told reporters on Saturday that the teams' share for this year...
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11y ago from SuperSport.com 0
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