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Ecclestone says all teams financially stable
Bernie Ecclestone has insisted that the entire grid of 11 teams are financially stable, and the sport won't be losing them because of budgetary problems. His comments put an end to recent speculation that further outfits could fall - much like Spain's HRT did at the end of 2012 - with Marussia the prime candidate to follow due to mounting debts. The 82-year-old met with all the teams to finalise details for the new Concorde Agreement, which has been under negotiation for over a year now, and says the meeting was constructive. "On Thursday I was bringing the teams up to speed with the new Concorde Agreement," Autoweek quote him as saying. "They are all safe." Whilst early...
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12y ago from TheF1Times.com
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