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Boullier: Ecclestone takes too much of F1's income

Eric Boullier: F1 is the only sport where the owner of the commercial rights gets 50 percent and leaves its participants with the task of finding their own source of income.

Lotus Renault team principal Eric Boullier has called on F1 boss Bernie Ecclestone to give the teams a greater share of the sports income.

Speaking in an interview with France's Auto Hebdo magazine, Boullier stated that the current situation is not sustainable: “F1 is the only sport where the owner of the commercial rights gets 50 percent and leaves its participants with the task of finding their own source of income,” he explained.

Meanwhile, ex-FIA president Max Mosley added that he is looking forward to seeing what happens over the coming months as a new Concorde Agreement is thrashed out between the teams and Ecclestone.

“The question is whether the teams will still be as united when Bernie lures one or two of them with a special offer,” Mosley remarked in an interview with Germany's Auto Motor und Sport. “It will be fun to watch from the outside for a change.

"If I was Bernie, I would offer to distribute the revenue equally to all the teams except the top four. The top four can threaten to have their own championship but it would not work.

“When they come back to Bernie and the FIA, they could both say: 'You are welcome, but there is no money left over for you.'

“The approach would bring the small teams a little bit closer to the big ones,” Mosley summed-up.


Related Pictures

Click on relevant pic to enlarge
13.02.2011- Eric Boullier (FRA), Team Manager, Renault F1 Team and Vitaly Petrov (RUS), Lotus Renault GP, R31
26.03.2011- Eric Boullier (FRA), Team Manager, Renault F1 Team
09.07.2011- Eric Boullier (FRA), Team Manager, Renault F1 Team
26.08.2011- Friday Practice 2, Eric Boullier (FRA), Team Manager, Renault F1 Team
10.04.2011- Race, Nick Fry (GBR), Chief Executive Officer, Mercedes GP and Eric Boullier (FRA), Team Manager, Renault F1 Team

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Caroline - Unregistered

August 27, 2011 8:48 PM

@Cobalt Bernie doesn't own any of CVC, he has 5.3% of Delta Topco, FOM (FOWC)'s parent company that administers the commercial rights on behalf of CVC, and he is paid by CVC to do this, according to 2010 company records Ecclestone was paid USD7.9 million, and with the Delta Topco 5.3% share netted Bernie about UDS15.9m. Bernie isn't taking any money, let alone 50%, the teams got USD658 million in 2010, so presumably Boullier thinks Bernie pocketed USD658 million as well. No wonder Renault are going backwards and Boullier keeps asking for advances on the TV money, he's clueless, If I can look at the company returns why can't he?

Caroline - Unregistered

August 27, 2011 3:41 PM

Ecclestone doesn't take 50%, CVC does, Ecclestone gets paid like any other person, about USD15,000,000. The payment to the teams is F1's biggest single cost and came to GBP400m last year. If the teams' share was increased to 60%, the profit for F1's owners would have been reduced from GBP83.4m to just GBP3.3m. If the teams got what they wanted and were paid 70% F1's owners would have made a GBP76.7m net loss last year. The teams now receive 164% more income than they did in 2007. Boullier doesn't seem to know what's what.



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