News Details
'I don’'t know how to fix F1 finances'
Formula 1 boss Bernie Ecclestone says he is to blame for the financial problems afflicting some of the smaller teams in the sport. Marussia and Caterham have gone into administration, reducing the grid for Sunday's US Grand Prix to 18 cars. Their collapse has caused anger among some surviving teams, who say the sport's revenues are not split fairly. Ecclestone said: 'There is too much money being distributed badly - probably my fault.' He added: 'Like lots of agreements people make, they seemed a good idea at the time. I know what's wrong, but don't know how to fix it.' More to follow.
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone: Caterham and Marussia not going to America
End of the F1 road for Caterham and Marussia?
The struggling Caterham and...
11y ago from GrandPrix247.com
Ecclestone: grid could shrink to 14 cars in 2015
style="margin: 0px; font-size: 11px; font-family: Arial; color:...
11y ago from F1Plus.com
Financial troubles dogging F1 before American race
Formula One's third year back at the U.S. Grand Prix in Texas should be a...
11y ago from F1Pulse.com
Ecclestone warns 2015 F1 could be reduced to 14 cars
Ecclestone warns 2015 F1 could be reduced to 14 carsPosted On 31 Oct...
11y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Adelaide set to host the 2027 Australian MotoGP Grand...
No description available...
54m ago from Motorsport.com
Adelaide bids to host MotoGP’s first-ever street...
No description available...
14h ago from Motorsport.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
1d ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Firestone prepared to take new right-front tire for...
No description available...
3h ago from Motorsport.com
Alexander Rossi tops morning session for second day of...
No description available...
5h ago from Motorsport.com
Alex Palou, Chip Ganassi awarded Baby Borgs in...
No description available...
8h ago from Motorsport.com
David Malukas heads the timesheets in opening IndyCar...
The NTT IndyCar Series held the first of two open test days at Phoenix...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
2d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
3d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
3d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Player ratings: Wolves 2-2 Arsenal
Arsenal dropped a 2-goal lead and 2 points in a poor night for the club....
44m ago from FreshArsenal.com
‘Bottle-Job’ – Paul Merson delivers brutal...
Arsenal’s grip on the Premier League title race appears to be slipping...
1h ago from CaughtOffside.com
Arsenal suffer new blow in title race after Edozie’s...
chever way you look at it, Arsenal did not produce a performance worthy of...
1h ago from TheGuardian.com
Wolverhampton Wanderers 2-2 Arsenal: Premier League...
tom-of-the-table Wolves came from two down to end a nine-game losing...
1h ago from TheGuardian.com
Comments
Hottest News
Ferrari exploit F1 loophole with 'beautiful' new feature on...
Former Ferrari F1 race strategist Ruth Buscombe... Read More »
8h ago from GPFans.com
F1 Testing Results: Bahrain timesheets - Ferrari go fastest...
The second week of F1 testing at the Bahrain... Read More »
13h ago from GPFans.com
Ferrari new Bahrain test upgrade is 'impossible' for F1...
RacingNews365's technical analyst Paolo Filisetti... Read More »
7h ago from RacingNews365.com
