Bernie Ecclestone has fired a warning shot as his negotiations ramp up with formula one teams over the next Concorde Agreement. The team bosses are pushing for more of the sport's lucrative revenue, but F1 chief executive Ecclestone said they already spend too much due to wearing rose-tinted glasses. His advice: "Change the colour of your glasses and tighten your belts," the 81-year-old told F1's official website. "Stop spending more than you need to."
The most recent political war between F1's authorities and the teams - in 2009 - was fierce, when former FIA president Max Mosley pushed hard for a budget cap. Ecclestone said: "You could (still) install a mandatory budget for all teams - on the basis of the smaller teams - but they (the big teams) don't like it and fiercely fight against it. I would welcome it," he insisted. "Yes, I think it could happen." (GMM)
Ecclestone in favour of budget cap in Formula 1
- Published on 12 Mar 2012 08:49
-
0
- By: Rob Veenstra
.
Trending news
-
Schumacher Says Hamilton Should Step Aside for Bearman at FerrariRalf Schumacher has made a direct call: Lewis Hamilton's time at Ferrari should end after this season, and Oliver...
07 May 2026 16:22 -
'Newey Hospitalised as Aston Martin Struggle On'Adrian Newey's arrival at Aston Martin was supposed to be the beginning of the team's transformation into a g...
07 May 2026 15:20 -
Antonelli's Miami Win Gives Mercedes a Historic Podium RecordAndrea Kimi Antonelli's victory in Miami was not just another win in a dominant run of results. It also moved Mer...
07 May 2026 14:19 -
Horner Rules Out Alpine Return and Compares Marquez to VerstappenChristian Horner has been out of Formula 1 since Red Bull removed him from his team principal role last year, and he ...
07 May 2026 13:18 -
Red Bull Admit the Weight Problem Was Fixed Too Late but Promise More Progress by AustriaMax Verstappen knew something was wrong with the RB22 from the very first lap of the season. Red Bull have now formal...
07 May 2026 12:14
Azerbaijan Grand Prix
Local time
-
Friday
Saturday
Sunday
Azerbaijan Grand Prix
Local time
-
Friday
-
Saturday
-
Sunday
-
Friday
-
Saturday
-
Sunday
Test calendar
Circuit de Catalunya - Winter testing
-
Jan 26
I. Hadjar
- 1:18.159
-
-
-
Jan 27
M. Verstappen
- 1:19.578
-
-
-
Jan 28
A. Antonelli
- 1:17.362
-
-
-
Jan 29
G. Russell
- 1:16.445
-
-
-
Jan 30
L. Hamilton
- 1:16.348
-
-
Bahrain International Circuit - Winter testing
-
Feb 11
L. Norris
- 1:34.669
-
-
-
Feb 12
C. Leclerc
- 1:34.273
-
-
-
Feb 13
A. Antonelli
- 1:33.669
-
-
Bahrain International Circuit - Winter testing
-
Feb 18
G. Russell
- 1:33.459
-
-
Feb 19
A. Antonelli
- 1:32.803
-
-
Feb 20
C. Leclerc
- 1:31.992
-
-
World Championship standings 2026
Pos
Driver
Team
Points
Pos
Team
Points
Related news
Give your opinion!
Formula 1 Calendar - 2026
Date
Grand Prix
Circuit
-
Spain
-
Bahrain
-
Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
-
Spain
Circuit de Catalunya
-
Bahrain
Bahrain International Circuit
-
Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
Replies (0)
Login to reply