Liberty hints Ferrari to lose $100m bonus

Jan.23 - F1's new owner Liberty Media has indicated it is serious about taking away the $100 million bonus received by Ferrari each year.

Christian Sylt, an F1 business journalist, wrote in Forbes that the extra money received by the fabled Italian team on the basis of its status and history is double that given to Manor, which could collapse prior to the 2017 season.

Liberty CEO Greg Maffei indicates the situation is set to stop.

"Thinking about balancing the team payments, so they're a little more balanced and creates more fairness, has to be weighed - in Ferrari's mind, I would expect - by the fact that creating a great platform helps our sponsorship revenue, too, so there's give-and-take," he said.

Maffei suggested that Ferrari has sufficient "enormous sponsorship revenue" to rely upon instead.

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Leopold

Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.

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