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Mosley warns F1 risks collapse if nothing changes
Former FIA president Max Mosley believes Formula 1 risks "collapse" if it continues as it is - with several outfits facing financial difficulty. Whilst financial insecurity isn't a new thing in F1, recent times have been particularly difficult with the collapse of HRT, Caterham and Marussia. Meanwhile Sauber, Force India and Lotus face shrinking budgets as they struggle to find the necessary funding to design and run two competitive cars. The Briton, who headed up the FIA between 1993 and 2009, thinks the sport needs to take a look at itself and then agree a new path to take in terms of prize money distribution and cost cutting. "At least half the teams simply can't compete...
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10y ago from GrandPrixTimes.com
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