Thursday 25 September 2014

Mallya wants fairer financial system in Formula One not three cars

(Sahara Force India Formula One Team)

Sahara Force India Formula One Team principal and managing director Dr Vijay Mallya has stated that he would rather see financial equality in the sport and not the introduction of three car teams. Mallya feels that the idea to bring three car teams into Formula One exposes 'financial imbalance' within the sport. Speaking about the situation Mallya commented:

'I know that it's been talked about at every race, talked about at every opportunity in the Formula One paddock about whether certain teams will survive or not, Why is there this uncertainty? The uncertainty is because of this imbalance and certain irrationality about how revenues are shared.'

Mallya also believes that the sport needs to come up with a Formula which would give all the team's a greater slice of the Formula One financial pie. 

As it is, the top four team's in the Constructors championship get an equal share of the revenue from Formula One while the remaining money is divided among the remaining seven teams. Mallya has stated that if Formula One team's do run three cars next season he is expecting to get some compensation as the team won't build a third car for free.

Mallya commented that his outfit spend half the money that McLaren do and that the Silverstone based outfit are ahead of the Woking squad with five race's remaining this season while the Williams Martini Racing Team are ahead of Ferrari while they spend less then the Italian team.

Mallya feels that the constant talk of three car team's is not good for the sport and that traditionally the sport has been two car team's with 'works outfits' competing against 'privateer outfits like his own Sahara Force India F1 Team.

© Ben Johnston 2014

No comments:

Post a Comment