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A team that relies too heavily on pay drivers can enter a downwards spiral; a pay driver may scare off sponsors, [2] which makes the team more dependent on that pay driver. For example, after wealthy Brazilian driver Pedro Diniz left the Forti team for Ligier after the 1995 season, Forti withdrew from Formula One midway through 1996 .
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
Formula One teams pay entry fees of $500,000, plus $5,000 per point scored the previous year or $6,000 per point for the winner of the Constructors' Championship. Formula One drivers pay a FIA Super Licence fee, which in 2013 was €10,000 plus €1,000 per point. [222] There have been controversies with the way profits are shared among the teams.
[16] [17] Formula One Group CEO Stefano Domenicali stated that GM's commitment to the project was an "important and positive demonstration of the evolution of [the] sport". [14] In December, the team hired former Virgin and Marussia CEO Graeme Lowdon as team principal and Renault engine specialist Rob White as chief operations officer.
Formula 1 driver Max Verstappen made history Sunday with a 10th consecutive win, continuing a season of extraordinary dominance with a victory in the Italian Grand Prix.
List of Formula One Grand Prix winners; List of Formula One polesitters; List of Formula One drivers who set a fastest lap; The driver's article; Articles in the Formula One drivers by country series (on the all time sections when present and the infobox) for drivers who have not raced in the past two seasons, or who have announced their ...
The British native got his professional start competing in the Formula Renault Winter Series and Formula Three Euro Series in the '00s before making his F1 debut in 2007.
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