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Changes needed to keep smaller teams in F1
Force India team co-owner and principal Vijay Mallya believes Formula 1 is heading toward a scenario which could see several of the smaller teams drop out due to financial concerns. The Indian, who himself is struggling financially with the sale of his beers and spirits company to cover mounting debts from his airline, warns that F1 must change to ensure its survival. "On one hand the FIA and FOTA - when it existed in full strength - had resolved that we need to reduce the costs of Formula One," he told the official F1 website. "But rather than reducing costs, one or two teams have decided winning at any cost is more important than the sustainability of the sport, so there is...
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11y ago from TheF1Times.com
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