Filed Under: News
Bernie Ecclestone insists a budget cap for F1 teams is “workable”.
That is despite the fact that when the idea was proposed by former FIA president a few years ago, the teams banded together and threatened to quit the sport. But F1 chief executive Ecclestone has now told the Sunday Express newspaper that working to an imposed maximum budget is “the direction people are going in. It is workable”.
His comments are in contrast to those he made earlier in the year when he told Auto Motor und Sport, “It (the Budget Cap) wouldn’t work. You can’t stop people from spending the money they have. They will always find a way to get around whatever you try to do to control it. Instead, the technical rules should be written so that it is not possible to just use money to make a faster car.”