Team bosses say ‘pay driver’ F1 model is dead

Previously, drivers with significant private wealth or backing from major sponsors could effectively buy a race seat at teams towards the lower end of the grid who were in need of a cash injection.But the rollout of the FIA superlicence – whereby a driver must accrue 40 points based on their finishing position in other categories to be allowed to race in F1 – and the current commercial boom that …Keep reading