News Details
FIA to tackle cost crisis after F1 teams collapse
With Caterham and Marussia in the throes of oblivion, the FIA has admitted it is concerned about the financial situation in Formula 1.
It is believed the next most endangered team on the grid is the Swiss privateer Sauber, whose boss and co-owner Monisha Kaltenborn sounded furious as she spoke to media on Thursday.
'I think the worst part is that we're damaging the sport with this so much that I think the owners of the product of the sport should think what they're doing here,' she said.
Kaltenborn insisted that with billions flowing into Formula 1's commercial coffers, it is unacceptable that the sport is 'not capable' of keeping 11 teams alive, 'Now you try to explain that to somebody.'...
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10y ago from GrandPrix247.com
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