News Details
Ecclestone admits F1 crisis 'probably my fault'
+ Bernie Ecclestone admits that Formula 1’s current revenue distribution system is broken and admits that he must take some of the blame for the sport's current financial crisis.
The Marussia and Caterham teams both entered administration in the last two weeks, slashing the grid for the United States Grand Prix down to just 18 cars, and prompting Force India, Lotus and Sauber to demand a review of the way F1’s revenue is split, as costs continue to escalate.
Ecclestone, in a surprise confession, admitted that the way the sport’s money is distributed simply has to change.
“The problem is there is too much money probably being distributed badly, [it's] probably my fault,” he said on...
Full Story »
Full Story »
11y ago from RichlandF1.com
0
You May Also Be Interested In...
Ecclestone: F1 issues probably my fault
Bernie Ecclestone admits that the current issues in F1 stems from the...
11y ago from Crash.net
Lotus denies it plans to boycott race over finances
The Lotus F1 Team has denied it will boycott the United States Grand Prix...
11y ago from TheF1Times.com
'I don’'t know how to fix F1 finances'
Formula 1 boss Bernie Ecclestone says he is to blame for the financial...
11y ago from BBC.co.uk
Crisis? What crisis? F1 digs head in the sand
Formula 1 is a money drain
Talk of financial crisis in Formula 1 is...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
6h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
8h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
4d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
5h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
2h ago from CaughtOffside.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
2h ago from CaughtOffside.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
11h ago from SkySports.com
Arsenal latest: Kepa ready for Chelsea reunion in...
No description available...
11h ago from SkySports.com
Comments
Hottest News
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
4h ago from RacingNews365.com
Daniel Ricciardo reaches new heights in airborne rally...
Former F1 driver Daniel Ricciardo took his Ford... Read More »
3h ago from RacingNews365.com
Verstappen Racing seal Mercedes GT3 deal as Haas address...
Check out the biggest stories of the day with the... Read More »
1h ago from RacingNews365.com
