hoodeng wrote: ↑Fri Mar 17, 2023 1:49 am
I looked up about the unequal distribution of prize money in regards to Ferrari's "Historic advantage" ,giving them a greater percentage per win of the prize pool. This seems to have been in place for a very long time.[not that i agree with it].
Or is the 100 million Euro on top of that distribution? I could find no reference to that stipend as a individual on top bonus payment for participation only.
If Ferrari found themselves season on season sniffing the fields fumes from the other end of the grid after a race, i would think they would knock back the bonus and participation first before bringing their brand name into discredit.
Although, i have always wondered how they could fund the participation's, and lifestyle's from selling what is essentially a hand full of cars per year [just over 11K 2021]regardless of price.
I still respect their persistence.
Regarding Ferrari's capital. Yes, they get the biggest cut of the F1 prize money, regardless of where they place. Based on their historic standing. All the long standing teams get bigger cuts. Very unfair!!! I've followed F1, since 1959.
Ferrari hasn't been owned, solely by the family, since 1969. Fiat bought 50%, at that time. My
opinion of that, is because Ford put so much pressure on them with Ford's LeMans program, that it probably brought them close to Bankruptcy.
Fiat increased it's holdings to 90% in '88 and a Abu Dhabi interest owns the other 10%
Ferrari, will be around as long as Fiat is solvent. If Fiat can't handle it, I'm sure the Abu Dhabi guys, maybe with help from other Arabs, will take over.
Regarding Ford/Cosworth, from '66 to '80 Cosworth was supported by Ford, and many of the Cosworth designs were owned by Ford and named as Ford engines under similar contracts. Ford bought the Cosworth racing engine division in '98 and then sold it to Gerald Forsythe and Kevin Kalkhoven, of CART fame, in Nov 2004.
Ford is still Ford, as it's been since 1904. With a long standing participation in F1 and Indy Cars BUT, I do not like the way their politics are going lately!!!