Date: 29th January 2017 at 7:43am
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Ross Brawn has returned to Formula One as motorsport managing director under the new look team leading the sport under the ownership of Liberty Media.

As the former team principal of both Ferrari and Mercedes and a former team owner of Brawn GP, the 62-year-old Brit is widely respected within the sport.

His new role will see him oversee the sporting side of F1.

‘It’s fantastic to be returning to the world of Formula 1,’ he told Sky Sports.

‘I’ve enjoyed consulting with Liberty Media these last few months and I’m looking forward to working with Chase [Carey – new chairman and CEO], Sean [Bratches – managing director, commercial operations] and the rest of the Formula 1 team to help the evolution of the sport.

‘We have an almost unprecedented opportunity to work together with the teams and promoters for a better F1 for them and, most importantly, for the fans.’

As motorsport managing director, one area that Brawn wants to change is the current revenue distributions to the teams.

Unfortunately these are changes he cannot change immediately as the current contracts run until 2020, but Brawn fully intends to distribute the prize fund on a more even basis for the benefit of all the teams on the grid.

‘We need to find solutions where the small teams can stand on their own two feet and put up a good challenge to the hierarchy of Formula 1 and stand on their own two feet commercially,’ he told Sky Sports.