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
MotoGP Thailand GP: Marco Bezzecchi beats Marc Marquez...
No description available...
28m ago from Motorsport.com
Marco Bezzecchi secures pole at Thai MotoGP season...
Marco Bezzecchi maintained his weekend dominance by securing pole...
28m ago from MotorsportWeek.c...
Marco Bezzecchi completes clean sweep to top final...
Aprilia's Marco Bezzecchi continued his dominance by leading the field in...
1h ago from MotorsportWeek.c...
Guenther Steiner: "You need to listen before you...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon crashes hard in opening practice for Grand...
No description available...
8h ago from Motorsport.com
Scott McLaughlin hustles to the top in opening IndyCar...
The NTT IndyCar Series returned to action Friday afternoon, completing...
8h ago from MotorsportWeek.c...
Pato O'Ward: "I'm tired of IndyCar being like the...
No description available...
11h ago from Motorsport.com
First look at Mick Schumacher's livery as he previews...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
1d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
2d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Viktor Gyökeres feeling trust and love helps him...
enal forward on a high after two goals at Spurs, with his manager hoping...
4h ago from TheGuardian.com
Ex-Arsenal and Chelsea icon would be open to Tottenham...
Former Arsenal and Chelsea midfielder Cesc Fabregas is open to taking the...
9h ago from CaughtOffside.com
Rosenior has talent to be Chelsea’s answer to Arteta...
atility and unusual structure at Stamford Bridge leave club’s young...
9h ago from TheGuardian.com
'Then gaps will appear' - John Terry explains how...
Premier League Hall of Famer John Terry has told Chelsea how to get the...
10h ago from SportsKeeda.com
Comments
Hottest News
Honda find 'cause' of Aston Martin testing woes as McLaren...
Check out the biggest stories from Friday,... Read More »
8h ago from RacingNews365.com
Honda identify 'main cause' of Bahrain F1 test horror show
Honda endured a highly difficult pre-season test... Read More »
18h ago from RacingNews365.com
F1 star takes driving test ahead of 2026 season
An F1 star was recently put through their paces... Read More »
7h ago from GPFans.com
