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Ferrari could lose F1 money privileges, says Liberty

Formula 1’s future owners Liberty Media have dropped a hint that the sport’s prize money structure could change – and that Ferrari may have to lose the financial privileges it has previously enjoyed. With Liberty hoping to complete its takeover over F1 later this month, the focus is now shifting to how it will shake up the sport in a bid to ramp up its popularity and increase its revenues. One idea being considered is for there to be a much fairer distribution of F1’s commercial revenues, which could mean the end of historic payments that have gone to older teams. Ferrari, for example, receives more than $90 million just for being a part of F1 – a figure that is more than double...
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