Toto Wolff not worried about Liberty's plans

Mercedes team boss Toto Wolff says he is not worried about new F1 owner Liberty Media's plans to fundamentally change how prize money is distributed. With the European Commission looking into the current arrangements after Force India and Sauber complained, new executive chairman Chase Carey has indicated the days of the bigger teams getting a much bigger slice of the cake are coming to an end.

"We have to try to find the right balance between the big and the small teams," Wolff told APA news agency. "But we also have completely different tasks. The major teams have large companies behind them while some private teams are the hobbies of wealthy businessmen. So it's difficult to create equal conditions for everyone," he insisted. "I don't know if it's a good or a bad thing but we are not worried."

Wolff said little can change straight away, anyway. "The situation will remain stable until 2020," he insisted. "We have a bilateral agreement with Bernie Ecclestone and the FIA that we will continue to participate in the championship until 2020. This change of ownership will not affect that. In 2020, we will analyse everything again and take a decision," Wolff added. (GMM)

Replies (0)

Login to reply

AZ Azerbaijan Grand Prix

Local time 

AZAzerbaijan Grand Prix

Local time 

World Championship standings 2025

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2025

Date
Grand Prix
Circuit
-
Bahrain
14 - Mar 16
Australia
21 - Mar 23
China
4 - Apr 6
Japan
11 - Apr 13
Bahrain
18 - Apr 20
Saudi Arabia
2 - May 4
United States of America
16 - May 18
Italy
23 - May 25
Monaco
30 - Jun 1
Spain
13 - Jun 15
Canada
27 - Jun 29
Austria
4 - Jul 6
United Kingdom
25 - Jul 27
Belgium
1 - Aug 3
Hungary
29 - Aug 31
Netherlands
5 - Sep 7
Italy
19 - Sep 21
Azerbaijan
3 - Oct 5
Singapore
17 - Oct 19
United States of America
24 - Oct 26
Mexico
7 - Nov 9
Brazil
21 - Nov 23
United States of America
28 - Nov 30
Qatar
5 - Dec 7
United Arab Emirates
See full schedule

Formula 1 Calendar - 2025

Date
Grand Prix & Circuit
14 - Mar 16
Australia Albert Park
21 - Mar 23
4 - Apr 6
11 - Apr 13
18 - Apr 20
Saudi Arabia Jeddah Street Circuit
2 - May 4
United States of America Miami International Autodrome
16 - May 18
23 - May 25
Monaco Monte Carlo
30 - Jun 1
13 - Jun 15
27 - Jun 29
Austria Red Bull Ring
4 - Jul 6
United Kingdom Silverstone
25 - Jul 27
1 - Aug 3
Hungary Hungaroring
29 - Aug 31
Netherlands Circuit Zandvoort
5 - Sep 7
Italy Monza
19 - Sep 21
Azerbaijan Baku City Circuit
3 - Oct 5
17 - Oct 19
United States of America Circuit of the Americas
24 - Oct 26
7 - Nov 9
Brazil Interlagos
21 - Nov 23
United States of America Las Vegas Street Circuit
28 - Nov 30
5 - Dec 7
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Show full profile
show sidebar