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
Yamaha toughens its stance on Fabio Quartararo
No description available...
12h ago from Motorsport.com
The key figure in Aprilia’s breakout season in MotoGP
No description available...
16h ago from Motorsport.com
Joan Mir admits Honda not ready to win in MotoGP:...
No description available...
1d ago from Motorsport.com
Trackhouse working to build American identity and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
11h ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
11h ago from Motorsport.com
Colton Herta ‘would love to be back’ for another...
Colton Herta still has a desire to compete in next year’s Indianapolis...
3d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
6d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Slavia Prague vs Arsenal Prediction and Betting Tips |...
Slavia Prague will trade tackles with Arsenal in a UEFA Champions League...
8h ago from SportsKeeda.com
Arteta 'concerned' about Gyokeres injury
Arsenal manager Mikel Arteta admits he is "concerned"...
7h ago from SkySports.com
Arsenal and Crystal Palace’s Carabao Cup tie moved...
t;li>Palace successful in getting quarter-final moved back EFL blame...
9h ago from TheGuardian.com
“It’s going to be a bit crazy” - Gary Neville...
Manchester United legend Gary Neville believes Chelsea will secure a...
11h ago from SportsKeeda.com
Comments
Hottest News
Breaking: Williams announce change to F1 team name
Williams, one of F1's oldest and most successful... Read More »
13h ago from RacingNews365.com
Lewis Hamilton jilted, Leclerc engaged and Verstappen claps...
Lewis Hamilton has been jilted for a 20-year-old... Read More »
4h ago from GPFans.com
Williams unveils F1 team’s new brand identity for 2026
Williams Racing is leaning on its illustrious... Read More »
7h ago from F1i.com
