The new owners of the commercial rights to Formula 1 company Liberty Media will not be able to attract new teams to the sport, if the system of income distribution will continue to exist in its current form, the President of the FIA Jean Todt.
American corporations have already announced the intention to change the current financial structure, but this will only be possible after the completion of the current Contract Agreement, calculated until the end of 2020.
According to the regulations, the starting grid of the “Royal races” can accommodate up to 26 cars, but the last time so many cars went to the start back in 1995.
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“Obviously, we have to fill in the blanks, – quotes the Todt AUTOSPORT. But the only way to do this probably is to change the system of income distribution. However, this does not concern the FIA. Yes, it is a problem, but we do not deal with such issues.
I have repeatedly said that Formula 1 is the pinnacle of Motorsport, great show, but it’s too expensive.
We need to understand how to make the sport more accessible.”
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