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Only top ten constructors’ to receive prize money

Formula 1 boss Bernie Ecclestone has declared that only the top ten in the teams will receive prize money from this season onwards.

He told The Daily Telegraph that part of the new agreements stated that the top ten teams are paid prize money but that the team finishing in 11th place would no longer receive any funds.

Bernie has agreed self commercial agreements with each of last year’s top ten teams but not 11th-placed Marussia.

“Marussia don’t have a commercial agreement because they are not in the top ten,” Ecclestone said.

“We pay the top ten, that’s what we do. For three years we did something different because we had an agreement with [Former FIA president] Max [Mosley] but from now on we will pay the top ten and that is it.”


http://www.formula1onlive.com/feeds/posts/default?alt=rss
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