Bernie Ecclestone believes that attempts to reduce teams’ spending in Formula One could be in vain and suggests that the way to secure manufactures’ long-term commitment to the sport is to grant them more freedom to spend not less.
A raft of measures to reduce costs in Formula One have been approved by the FIA and the Formula One teams, but Ecclestone has doubts about their impact suggesting that teams will always find ways to spend money.
Instead Ecclestone argues that the teams and manufacturers should be allowed to spend what they want, providing that they make an effort to supply standard parts to the smaller independent teams.
“If the manufacturers are prepared to make a long-term commitment, say seven to 10 years, we should let them spend what they want to spend, providing they supply engines and gearboxes at an affordable price,” he told the Daily Telegraph.
“It would prevent the kind of thing we have seen with Honda because we could sue the arse off them if they left. They wouldn t like that.â€
“Whether they will commit to that I don’t know. Getting them to agree on anything has always been the problem. But if they did it would prevent the kind of thing we have seen with Honda because we could sue the arse off them if they left. They wouldn’t like that.”