Liberty need to change financial inequalities - Kaltenborn

Team principal of Sauber Monisha Kaltenborn is hoping that Liberty Media can sort out the distribution of payments as soon as possible. The current method has been criticized by teams and fans with alike.

Liberty Media have spoke about the proposed idea to change the way the finances are given out, however it's unlikely to change before 2020 when the current commercial deal expires.

Ferrari, Mercedes, Red Bull, McLaren and Williams all receive bonus payments for where they finished in last seasons championship.

Kaltenborn said: "I certainly hope that it's not going to drag on until 2020 because I'm sure that when people make such an investment, they do have a business plan in place that should start working when they take over and not start working in 2020.

"The kind of system we have and what you hear from the new owners, we don't see how the system is going to work until 2020, if certain financial privileges are given irrespective of what the result is.

"If you want to make the competition come closer you can also not work like this. So I think everything has to be looked at, and we have a completely new basis."

 

Fergal Walsh

Replies (1)

Login to reply
  • Yes, definitely something needs to be done here, especially to encourage new teams to join the grid

    • + 0
    • Jan 28 2017 - 13:41

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