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
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
19h ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
1d ago from MotorsportWeek.c...
Supersub Pol Espargaro deserves to be full-time MotoGP...
No description available...
2d ago from Motorsport.com
Honda reveals how Ai Ogura snub pushed Diogo Moreira...
Honda was forced to change its “original plan” to sign Diogo Moreira...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Tony Kanaan praises FIA for revising IndyCar...
No description available...
17h ago from Motorsport.com
FIA increases IndyCar super license allocations
The World Motorsport Council has announced that the allocation of super...
19h ago from MotorsportWeek.c...
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA reveals final details of WRC 2027 regulations
No description available...
22h ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
23h ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
6d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal eyeing two attacker signings as...
Arsenal are eyeing both Real Madrid's Rodrygo Goes and AC Milan's Rafael...
59m ago from CaughtOffside.com
Saka vs Madueke - who starts for Arsenal?
After his dazzling performance for Arsenal in the Champions League Fan...
1h ago from SkySports.com
Jamie Carragher's bold summer prediction about Arsenal...
Former Liverpool defender Jamie Carragher looks like he might have...
5h ago from CaughtOffside.com
Club Brugge 0-3 Arsenal: Madueke and Martinelli magic...
Match report (inc goals) – Player ratings – Arteta reaction...
4h ago from Arseblog.com
Comments
Hottest News
Mercedes puts F1 customer teams on notice with bombshell...
Mercedes boss Toto Wolff has put its three... Read More »
3h ago from MotorsportWeek.com
Norris reveals his winter break plans ahead of 2026
Freshly crowned F1 world champion Lando Norris is... Read More »
49m ago from F1i.com
Lewis Hamilton gets key date for Ferrari turnaround to begin
Lewis Hamilton's hopes for an F1 revival will be... Read More »
1h ago from GPFans.com
