News Details
Ecclestone to meet small team bosses as F1 cash crisis looms
7 February, 2013 Vijay Mallya with Bernie Ecclestone
Bernie Ecclestone has summoned the chiefs of Formula 1′s smaller teams to his London headquarters.
Germany's Auto Motor und Sport said representatives of Marussia, Caterham, Force India, Sauber and Toro Rosso have been invited to the meeting on Thursday.
With HRT now folded and other small teams ousting salaried drivers in favour of ‘pay drivers' for 2013 and worrying about the cost of buying an engine in 2014, the meeting follows speculation F1′s smallest teams are buckling under the pressure of financial problems.
'The situation is serious,' said German correspondent Michael Schmidt.
Mercedes boss Ross Brawn,...
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13y ago from YallaF1.com
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