Skip to content

Categories:

Formula 1 Must Address Financial Inequalities Before Expanding Race Calendar

Quick show of hands: Who wishes this Formula One season had an extra three or four races? What, you don't want to see a few more near-guaranteed Mercedes victories? But that may be exactly where we are headed. Liberty, the U.S. media company that is purchasing the sport's commercial rights, wants to expand the calendar from its current 21 races (itself a record number) to maximise its investment. "There is a general line of interest if you increase the number of races to a point," Liberty chief executive Greg Maffei said recently, per Reuters' Harro Ten Wolde. "The FIA [the International Automobile Federation, which governs the sport] makes more money, the teams make more money, we make more money." That is true; the problem is that F1...

Read Complete Article at Bleacher Report - Motorsports
Article is property of BleacherReport.com

Posted in MotorSports.