A groundbreaking proposal in professional motorsport could reshape the financial landscape of the sport, with drivers seeking to exchange unpaid portions of their existing contracts for ownership stakes in a newly formed racing circuit. The move, aimed at addressing long-standing disputes over deferred payments, would grant athletes a direct financial interest in the league’s future profitability. Negotiations hinge on whether the governing body will accept the trade-off, potentially setting a precedent for athlete compensation in team-based sports. The outcome could redefine power dynamics between players and league management.
Under new terms proposed by league players would swap claims for millions in past contracts for equity in new circuit