Mercedes executive director Toto Wolff said the team can “see the logic” of Liberty’s plan for F1 from 2021 and there are no “bad feelings” over the proposal.new details of which were revealed here on Wednesday, and the possibility Liberty’s restructuring of F1’s prize money could cost it more money than Ferrari.
“Liberty has certain challenges that [it] needs to sort out,” said Wolff. “The sport needs to stay attractive with the competition on track. And of course revenue has to be more balanced in order to have more sporting performance.
“They need to make their growth strategy work and all that is logic to us and it was no surprise. Now it’s just for the benefit of Formula One, the sport we all love and we all want to see growing, can drive compromise.
“It’s the starting point for discussions. We have been presented their case which is good and intelligent in many point of views and are completely understandable from where they’re coming from and It’s about us presenting how see it and how we think it should be structured and then we are able to talk.
“Insofar, there is no bad feelings after the paper. It was certainly important to know their vision and understand their strategy and now we are able to adjust accordingly and react.”
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2018 F1 season
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