News Details
Financial crisis 'probably my fault' admits Ecclestone
Bernie Ecclestone has admitted the financial crisis which has struck Formula 1 recently, leading to the loss of two teams, is probably his fault. The 83-year-old says some bad deals have been made, which seemed good at the time, but have likely led to the problems F1 is experiencing at the moment with too much money going to a select few teams. "The problem is there is too much money probably being distributed badly - probably my fault. But like lots of agreements people make, they seemed a good idea at the time," he explained. If the problem is to be resolved, the leading teams - which receive a larger share of the prize money - need to make some sacrifices according to...
Full Story »
Full Story »
10y ago from TheF1Times.com
0
You May Also Be Interested In...
Top teams need to make sacrifices to save F1 -...
Getty Images Enlarge Bernie Ecclestone has admitted he is not capable of...
10y ago from espnF1.com
Top teams must make sacrifices to save F1 - Ecclestone
Bernie Ecclestone has admitted he is not capable of solving Formula One's...
10y ago from espnF1.com
Mosley: Formula 1 should split the money equally
Max Mosley
More Formula 1 teams could follow Caterham and Marussia into...
10y ago from GrandPrix247.com
Midfield teams urge F1 to review revenue distribution...
style="margin: 0px; font-family: Helvetica;...
10y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez sets 'same lap time’ with 2024 and 2025...
No description available...
11h ago from Motorsport.com
Alex Marquez to receive factory-spec Ducati for 2026...
Alex Marquez is set to be rewarded for his 2025 MotoGP efforts and...
13h ago from MotorsportWeek.c...
Alex Marquez to ride identical Ducati to Marc Marquez...
No description available...
1d ago from Motorsport.com
How Liberty Media's immersion in MotoGP intensified at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
1d ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
1d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
4d ago from MotorsportWeek.c...
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg wants “full season in WRC” after...
No description available...
5d ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
4d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Euro giants hoping to raid Arsenal for...
Real Madrid are looking to improve their defensive unit with the signing...
2h ago from CaughtOffside.com
Arsenal vs Manchester City Prediction and Betting Tips...
The Premier League features a clash between two of its biggest teams this...
5h ago from SportsKeeda.com
Arteta admits he personally called star's dad to seal...
Arsenal signed Noni Madueke from Chelsea during the summer transfer...
8h ago from CaughtOffside.com
'My word' – Former PL star names duo who've...
Former Liverpool and Aston Villa star Stan Collymore has heaped praise...
10h ago from CaughtOffside.com
Comments
Hottest News
Leclerc expects 'some surprises' as he reveals how McLaren...
Despite Ferrari's impressive form on the opening... Read More »
58m ago from F1Technical.net
Piastri and Norris on verge of MONSTER FIA penalty at...
F1 championship contenders Lando Norris and Oscar... Read More »
3h ago from GPFans.com
REACTIONS: What did drivers have to say after the opening...
Red was the dominant colour on the first day of... Read More »
58m ago from F1Technical.net
