Williams eager to bridge F1 financial gap

Williams want a "revision and a re-distribution" of Formula One revenue when a new commercial deal comes into place in four years.

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Williams deputy team principal Claire Williams.

Williams want a "revision and a re-distribution" of Formula One revenue when a new commercial deal comes into place in four years.

F1 teams have called for wealth to be more evenly distributed, with Ferrari having reportedly received $192million for their results in 2015 in contrast to the $47m which was said to be paid to Manor.

The current agreement will come to an end in 2020 and Williams deputy team principal Claire Williams wants fresh terms to bridge the gap.

"We have to bide our time," she said.

"I imagine we will all start negotiating new terms ... well ahead of 2020 and I hope that a revision and a re-distribution is something that's tabled as part of those discussions."

She added: "I am a firm believer that sports should have equitable platforms to be successful.

"I wouldn't have an issue if Ferrari got a heritage payment, but not as great as it is."