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Formula 1 Teams' Costs Rose 14.5% To Record £1.3B In '16

Published in SportsBusiness Daily Global on 10 / 17 / 17

Formula 1 introduced rules this year which aimed to "put the brakes on the dominance of a single outfit," according to Christian Sylt for the BBC. They came at a "hefty cost." Research revealed new regulations fueled a £167.6M increase in the F1 teams' costs in '16. They rose 14.5% to a combin...

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Tags: Finance, Europe

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