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Crisis? What crisis? - Ecclestone
Bernie Ecclestone denied that Formula One is facing a financial crisis after the loss of two teams, the sport's supremo accusing the failed outfits for bad financial management. Speaking to reporters at the Brazilian Grand Prix on Saturday, the 84-year-old Briton who is commercial ring-master for the sport said teams "come and go" and criticised Caterham's plan to raise cash through crowd funding. The Marussia team folded on Friday and Caterham are in administration. Both teams failed to show up for the United States or Brazilian Grand Prix. "People say F1 is in crisis," he said. "Absolute nonsense. We've had a couple of teams in crisis.... "People come and...
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10y ago from SuperSport.com
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