How F1 can level the financial playing field

How F1 can level the financial playing field

Mercedes' latest financial reports make for interesting reading, especially when you consider the bonuses it receives and compare them with the other teams on the grid

Companies have legal responsibilities to post profits. Indeed, it is incumbent upon their directors to do so consistently, or, in the absence of black-inked bottom lines, to persuade authorities that their entities at least have reasonable chances of consistently doing so in future, with the accent being on "reasonable".

In fact, to trade whilst knowing a company is unable to meet future liabilities is, in most jurisdictions, illegal.

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