Formula1, Motorsport

Smaller F1 teams demand higher revenues

Several smaller Formula One teams have written to the sport’s chief, Bernie Ecclestone, to demand for a bigger share of revenues.

Force India confirms a letter has been sent out, seeking a meeting at this weekend’s season-ending race in Abu Dhabi, with copies being sent out to rights holders CVC, the FIA President Jean Todt as well as team principals.

“In our common interest and for a sustainable future of the sport, we request you, together with the other stakeholders, to implement a more equitable distribution,” was written as part of the letter.

The letter, which was sent on behalf of Force India, Sauber and Lotus, came after the teams failed to make progress during talks with Ecclestone at the last two F1 races.

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