Saturday 1 November 2014

Formula 1 in trouble as teams bale out

F1 boss Bernie Ecclestone says two more teams are in danger of collapse

Battle lines are being drawn as F1 reacts to the crisis of collapsing teams and the prospect of even further dwindling car counts.
However, Red Bull consultant Dr. Helmut Marko declared unequivocally ahead of the U.S. Grand Prix, "We are ready."
He was referring to the concept of three-car teams, as he admitted that it might cost the sport's big players up to $30 million each.
The mood ahead of the U.S. Grand Prix is therefore dramatically tense, with some declaring it the sport's latest crisis following the financial collapse of the backmarkers Marussia and Caterham.  That may be just the tip of the iceberg, according to F1 boss Bernie Ecclestone, who said the current 18-car grid could actually dwindle by a  two teams.
"It could go down to 14 [cars]," he said.
Trackside in Austin, the situation is rapidly deteriorating from the initial shock to obvious anger, as the next most endangered teams -- reportedly Sauber, Force India and Lotus -- threaten to boycott Sunday's race in protest of the increasingly inequitable balance of power.
- See more at: http://autoweek.com/article/formula-one/formula-one-crisis-smaller-teams-threaten-boycott-us-grand-prix-austin?utm_source=RacingDaily20141101&utm_medium=enewsletter&utm_term=headline-top&utm_content=body&utm_campaign=awracingdaily#sthash.p7uc6dG4.dpuf

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