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GP Week : Issue 217
F1 >>> BUsinEss f1 prizE monEY uNFAir sAY EcclEstonE And moslEY By Christian sylt Max Mosley, former president of Formula One’s governing body, the Fédération Internationale de l’Automobile (FIA), says he believes the distribution of the sport’s $800m of prize money is unfair. It is a pressing concern as over the past six months alone Caterham and Marussia have collapsed under the weight of F1’s high-octane costs which come to an average of $221m per team every year. Although F1’s prize money accelerated by 6.1% to a record $797.5m last year, the three top-performers – Ferrari, McLaren, and Red Bull Racing – alone got nearly half of it. “I think the money should probably be distributed more fairly and a little bit too much goes to the top teams,” says Mosley, who stepped down as FIA president in October 2009.