CNR
23rd June 2008, 07:38
Mosley Trying To Get F1 Teams More Money
http://www.paddocktalk.com/news/html/modules.php?op=modload&name=News&file=article&sid=87539
Following the threat of a 'breakaway' championship and a war with Bernie Ecclestone over a new Concorde Agreement, Max Mosley will hit back this week, according to reports.
The FIA's World Motor Sport Council is scheduled to meet on Wednesday, where it is suggested that Mosley - the Paris based federation's president - will launch a counter-offensive to win back the affection of formula one teams.
Currently, teams receive 75 per cent of F1's promotional fees and 50 per cent of the TV money, but Mosley wants Ecclestone to up the stakes to 92 and up to 67 per cent respectively, the authoritative German magazine Auto Motor und Sport claims.
http://www.paddocktalk.com/news/html/modules.php?op=modload&name=News&file=article&sid=87539
Following the threat of a 'breakaway' championship and a war with Bernie Ecclestone over a new Concorde Agreement, Max Mosley will hit back this week, according to reports.
The FIA's World Motor Sport Council is scheduled to meet on Wednesday, where it is suggested that Mosley - the Paris based federation's president - will launch a counter-offensive to win back the affection of formula one teams.
Currently, teams receive 75 per cent of F1's promotional fees and 50 per cent of the TV money, but Mosley wants Ecclestone to up the stakes to 92 and up to 67 per cent respectively, the authoritative German magazine Auto Motor und Sport claims.