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Ecclestone responds to avert F1 teams cash flow crisis
Amid alarming claims that multiple Formula 1 teams are gripped by a cash flow crisis, Bernie Ecclestone has reportedly responded in an effort to prevent a crisis ahead of the season opener in Australia. We reported on Sunday that, not including Manor's quest to return in 2015, multiple other teams are scrambling to find the money simply to line up on the Melbourne grid next weekend. 'The months of November, December and January are the worst,' said Lotus owner Gerard Lopez, 'as during this phase of design and production you spend 43 per cent of your budget with nothing coming in from the outside.' We reported that F1 supremo Ecclestone duly met late last week not only with Lopez but also...
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10y ago from GrandPrix247.com
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