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Ecclestone admits EUR 15m plan B for small teams

Bernie Ecclestone has admitted he devised a contingency plan for F1's most struggling teams. Earlier, amid Marussia and Caterham's decline and the similar financial issues of even bigger teams, it was reported that the F1 supremo was working on a 'plan B'. It would involve a kind of 'division two' on the grid, reportedly with smaller teams no longer building their own cars, but leasing a two-year-old Red Bull chassis powered by Mecachrome V8 engines at a cost of just EUR 15 million per year. But the reports a month ago said the proposal was rejected by top teams Ferrari, Mercedes and McLaren. Ecclestone confirmed: "Some of the other teams are saying 'Well, this isn't formula one, this...
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