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Ecclestone: Reality is F1 budget cap won't happen
Former F1 supremo Bernie Ecclestone, who has kept a low profile this season but of late has been capturing headlines, believes any attempt to make the pinnacle of the sport more competitive by imposing a budget cap is doomed to fail because the big teams will still find a way to stay on top. The 87-year-old Briton, who moved aside in January when U.S.-based Liberty Media took control, also warned on Monday that a threat by Ferrari to walk away after 2020 should be taken seriously. Liberty and the governing International Automobile Federation (FIA) are due to present cost control proposals to teams on Tuesday. While there has been talk of the sport heading towards a high-stakes showdown...
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