[Ian Stephens]

Cost-saving is not needed. Plenty of people are getting rich out of F1 so the money is there. The problem is the way the money is being distributed, with CVC taking way too big a return on their investment.

Drivers love driving, and the top drivers would do so for 1% of what they get paid. Spend the money elsewhere.

The same is true of the engineers. The top engineers love their work and only get paid as much as they do because of their scarcity. We would get more value for the money we give them if there were more cars from each engineer in the races – more cars per team or customer teams.

Sort out the unfair revenue distribution and you sort out most of F1’s problems. The franchise model in American sport does it well.

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