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F1 shouldn't go "socialist" with income redistribution - Haas
Formula 1 team boss Gene Haas says the championship's new owner Liberty Media has to be "very careful" with income redistribution, as he believes the big teams should continue to earn more. With the current Concorde Agreement running out in 2020, Liberty has made it clear that it wants to change the payment structure, which would inevitably mean that Ferrari, Red Bull, Mercedes and the other big players would have less of an automatic claim on the lion's share of the income. Most midfield team bosses have already been angling for a bigger share of the pie. However, Haas said it was important that the leading outfits' bigger incomes are preserved. "I understand that the new...
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8y ago from Motorsport.com
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