Thursday, 7 April 2011

Increased Prizes For Constructors

Formula One constructors received a significantly increased prize money pot in 2011.

Company accounts reveal that the total amount paid out to teams was over $400 million, 21 per cent higher than the previous year.

This increase is due in part to the recent Concorde Agreement, which guaranteed that a higher share of the sports operating profit is allocated to the teams.

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