Proposing a New Revenue-Sharing System for Formula 1

Formula One's revenue-sharing model is broken. Cobbled together around a campfire fuelled by the burning remnants of FOTA, the system is a series of secretive agreements made between the teams and Bernie Ecclestone. Some, those with more political power and clout, had a bit of negotiating room when coming to the table to make these deals. Others—those at the wrong end of the pit lane—had less choice in the matter. What resulted from this process is the grossly lopsided and unequal method of sharing out the sport's considerable commercial revenues that we see today. The larger teams get extra cuts before a wheel has even been turned, while the minnows are left to feed on the scraps. The legal mess surrounding Sauber's contract wi...

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