News Details
F1 money crisis and engine unfreeze talks stall
Formula 1 paddock shrinking
Formula 1 supremo Bernie Ecclestone will meet commercial rights holders CVC in London next week after talks with teams in Brazil produced no agreement on giving smaller outfits more money to help them survive.
And a separate meeting with Formula 1 manufacturers on the possibility of relaxing an engine freeze for next season ended in stalemate.
'He (Ecclestone) just said ‘I'll talk to (CVC Capital Partners co-chairman) Donald (Mackenzie) next week and get back to you'. That's it,' Force India team principal Vijay Mallya told reporters at the Brazilian Grand Prix.
'He recognises that the three smallest teams require to get more money in one form or another,'...
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10y ago from GrandPrix247.com
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