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F1 risks "collapse" over costs – Mosley
Former FIA president Max Mosley says Formula 1 risks collapsing unless it finds a way to reduce costs and shares revenues in a fair manner. As F1 chiefs continue to fail to agree on a plan to reduce expenditure while several teams struggle for survival, Mosley reckons it is imperative that a compromise is found to solve what he labeled as a "massive problem" for the sport. The Briton, who was the head of the FIA from 1993 to 2009, claims at least 50 per cent of the current grid is struggling to compete because of financial issues. He reckons the way revenue is shared among teams is very unfair. "At least half the teams simply can't compete because they haven't got enough...
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10y ago from Motorsport.com
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