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Teams push for Formula 1 union to defend interests!
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Formula 1 are aspiring to come together and form their own union in order to defend their financial interests following the sport's takeover by Liberty Media. According to Autosport.com, a prominent senior F1 team member is spearheading an effort to form an alliance protecting their assets, notably the 'Constructors' Championship Bonus' enjoyed by Mercedes, red Bull, Ferrari and McLaren. While Liberty is still in the dawn of its takeover of F1, CEO Chase Carey and commercial director Sean Bratches have both touched on the subject of financial reform, targeting a more equitable distribution of income which could entail a revision of the current CCB. Needless to say,...
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