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Should Formula 1 Teams Be Paid Equally in Light of Caterham, Marussia Collapse?

The teams remain on life support, but the postmortems have already started. The final two rows on the Formula One grid have been wiped clean over the last week, with the news that first Caterham and then Marussia had entered administration. Bernie Ecclestone, F1's ringmaster, told Reuters' Alan Baldwin that, as a consequence, neither team would be present at this weekend's United States Grand Prix nor next week's Brazilian Grand Prix, shrinking the number of cars to just 18 for the first time since the Monaco Grand Prix of 2005, an event which saw the BAR-Honda outfit serve the last of their two-race ban for a technical infringement. The loss of two teams in quick succession—the first to miss rounds of an existing season since S...

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