Ferrari looks set to retain its historic bonus payment in Formula 1’s next Concorde Agreement, Autosport has learned, but the amount of extra money it receives will now be capped.
Ferrari looks set to retain its historic bonus payment in Formula 1’s next Concorde Agreement, Autosport has learned, but the amount of extra money it receives will now be capped.
When Bernie first negotiated with the teams, there were legacy payments to the old teams. But Ferrari got this payment by its agreement to join Bernie’s commercial agreement while others did not. It’s been a protected over the years.