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
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- By: Rob Veenstra
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Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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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
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
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