Pursuits
Formula 1 Teams Shared in 21% More Prize Money as CVC Loss Rose
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Formula One champion Red Bull and rival teams got a combined $658 million in prize money in 2010, a 21 percent increase on the previous year.
The payments rose for a third straight year on improved terms from the so-called Concorde Agreement that governs the most-watched motor racing series, according to a filing by Formula One Administration Ltd. at Companies House in London.