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Jordan: F1 has failed small teams

F1: Formula One has failed its smaller teams and should be ashamed at the way some of them have been driven out of business, according to former owner Eddie Jordan.

"I am absolutely sick of the way Formula One is being run at the moment," the Dubliner, whose small Jordan team gave Michael Schumacher his F1 debut in 1991, said.

"It is completely unfair ... this business is about competition and it needs to be fair and seen to be fair. It is not any of those things.

"Without the small teams you lose the very fabric of the make-up of Formula One," he continued. "It is disgraceful the way they are being treated."

Jordan was speaking after a weekend dominated by debate about the skewed division of the sports revenues, with the bigger teams receiving bonus payments on top of a substantial slice of the revenues, and talk of boycotts by teams fearing for their futures.

A report in the latest edition of Autosport magazine claimed that Ferrari received an estimated $166 million in 2013 while Marussia were paid just $10 million and Caterham $31 million.

Both Marussia and Caterham went into administration before the US Grand Prix in Austin and did not compete, with their futures in doubt.

Novak's good draw

TENNIS: Two-time defending champion Novak Djokovic has been handed a favorable draw at the ATP World Tour Finals, while Roger Federer and Andy Murray will meet in the round-robin phase.

The top-seeded Djokovic, who won his 20th Masters title in Paris on Sunday, was placed in the same group with Australian Open champion Stan Wawrinka, US Open winner Marin Cilic and Tomas Berdych for the season-ending, eight-man tournament, which starts Sunday in London.

"Two successive titles in London in the last two years gave me reason to believe that I can do well," said Djokovic after winning in Paris, where he did not drop a set during the whole week.

The in-form Federer, meanwhile, is in Group B along with Murray and newcomers Kei Nishikori and Milos Raonic.

Djokovic as a combined career record of 41-5 against his group while Federer leads his round-robin opponents 19-14.

Djokovic, this year's Wimbledon champion, is unbeaten on indoors courts the past two years and is vying with Federer for the year-end No 1 ranking.

The Serb extended his lead over the 17-time Grand Slam champion to 1,310 points as he bids to finish the year on top for the third time.