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Max Mosley warns F1 could “collapse”
Former FIA president Max Mosley has warned F1 could 'collapse' if it does not sort out struggling teams' financial problems. The now 74-year-old Briton left office five years ago having tried and failed to introduce a mandatory budget cap. Mosley told the German news agency DPA that he managed to get every team 'except Ferrari' to agree. He was replaced by the much lower-profile and conservative Jean Todt, who oversaw a new financial structure where F1 supremo Bernie Ecclestone agreed individual commercial contracts with the teams. Ecclestone also agreed new terms with the now Todt-led governing body. 'I don't know what's in the arrangements which have been made but my understanding is...
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9y ago from ThisIsF1.com
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