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F1 teams receive advance payments amid crisis

Teams are paid a percentage of F1's overall income, which has taken a major hit as more and more races are lost from the calendar.
The top teams have some guaranteed fees under deals negotiated in the Bernie Ecclestone era, but those further down the field rely solely on a share of F1's ongoing profitability.
Liberty Media president and CEO Greg Maffei says that in order to help them through ...Keep reading

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