I wonder why the oil money has not flooded F1 as it has soccer/football. More parity would be fun.

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A lot of it is already there.

Mclaren - gulf oil/bahrain
Ferrari - shell
Mercedes - petronas
Bahrain and abu dhabi GPs

Previously
Perez sponsored by Pemex (Mexican oil)
Maldonado sponsored by venezuelan oil

Also, with current price of oil, there isn't a lot of available cash across the board.

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