Wolff isn't worried about Liberty management

Mercedes confirms its presence in F1 until 2020

Wolff isn't worried about Liberty management

The first projects of the American group are currently being developed Liberty Mediuma, new owner of Formula 1, as regards the very future of the queen category of motor racing. Chase carey, a leading figure of the company, who was entrusted with the management of the Circus, announced major changes to bring the public closer to F1 and bring this sport closer to the people. But among the initiatives wanted by the new management group there is also that, opposed by the "big names" of the Circus, of redistributing the prize money.

Large teams currently receive preferential treatment over small teams when it comes to the awarding of financial bonuses. This issue has already been widely debated in the past, with the less wealthy teams asking for a different division, and the same Clean e Force India had turned to the European Commission. Carey, on the other hand, would be inclined to guarantee to the big teams a much smaller share than what they receive today, to favor competitors who do not have large organizations behind them.

Among the teams that would see their financial bonuses drop significantly is Mercedes, but its team principal Toto wolff However, he said he was confident in the possibility of finding a compromise. “We have to find the right balance between the big and small teams” the manager told the APA agency, however placing limits on Liberty's initiative regarding a redistribution of economic bonuses. “But we also have completely different tasks. Big teams have big companies behind them, while some private teams are the hobbies of wealthy businessmen. So it is difficult to create a level playing field for everyone.”

In any case, Wolff recalled that any decision in this regard cannot be taken in the short term, as the current agreements stipulated with Bernie Ecclestone they will be valid for a few more years. “The situation will remain stable until 2020. We have a bilateral agreement with Ecclestone and the FIA ​​whereby we will continue to participate in the Championship until 2020. Change of ownership will not affect this. Then, in four years, we will analyze everything again and make a decision.”

Lorenzo Lucidi

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