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
Marco Bezzecchi leaves Jerez MotoGP ‘satisfied'...
Marco Bezzecchi felt he achieved the best possible result with second...
1h ago from MotorsportWeek.c...
Why Joan Mir wasn’t encouraged by Honda’s best...
No description available...
4h ago from Motorsport.com
Alex Marquez: ‘I don’t have the answers’ to...
Alex Marquez admitted that he didn’t “have the answers” to explain...
5h ago from MotorsportWeek.c...
Winners and losers from the MotoGP Spanish GP
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Katherine Legge confirmed for Indy 500 with AJ Foyt
AJ Foyt Racing has announced that it will field a third entry in this...
2h ago from MotorsportWeek.c...
Katherine Legge will make Indy 500 return in HMD...
No description available...
3h ago from Motorsport.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
1d ago from MotorsportWeek.c...
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Thierry Neuville: “Nobody knows” answer to...
No description available...
2h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
20h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
1d ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“It would heal a very deep wound” - Atletico star...
Atletico Madrid star Antoine Griezmann has opened up on his aspirations to...
36m ago from SportsKeeda.com
Arsenal could be entering into 'collaboration' with...
Arsenal could reportedly be set to enter into a collaboration of sorts...
1h ago from CaughtOffside.com
Andrea Berta pictured with club president as Arsenal...
Arsenal sporting director Andrea Berta has been spotted attending a...
1h ago from CaughtOffside.com
“These are the players you support” - Martin Keown...
Martin Keown believes Martin Zubimendi needs support from his Arsenal...
2h ago from SportsKeeda.com
Comments
Hottest News
NASCAR race stopped after massive 26-car crash brings out...
A huge wreck in a NASCAR Cup Series race last... Read More »
36m ago from GPFans.com
Shocking new Jos Verstappen rally crash footage lays bare...
The full details of Jos Verstappen's crash over... Read More »
1h ago from GPFans.com
Max Verstappen 'two-finger' decision putting F1 at...
Max Verstappen has hinted at retiring from... Read More »
46m ago from RacingNews365.com
