Ecclestone admits concerns over Ferrari

Bernie Ecclestone has voiced serious concerns about the prospect of Ferrari quitting Formula One.

Ecclestone admits concerns over Ferrari

Bernie Ecclestone has voiced serious concerns about the prospect of Ferrari quitting Formula One.

The sport’s commercial rights holder has so far been bullish with regard to such a possibility, previously insisting the current row over the budget cap would be resolved, and Ferrari would remain.

But there is now the threat Ferrari will take their fight with the FIA to the civil courts after a tribunal in Paris determined they have a right of veto with regard to the introduction of new rules.

It is an ongoing battle that threatens to tear the sport apart, and with the May 29 entry deadline for next year fast approaching, there is the possibility few of the current teams will sign up.

Although there is the latest meeting of the Formula One Teams’ Association scheduled for tomorrow in Monaco, it is anticipated little will be resolved.

Ecclestone’s fears are understandable given Ferrari are the biggest draw, and that their name allows him greater bargaining power with TV companies, sponsors and circuits.

“Well, I am concerned, I don’t want them leaving. I don’t think anybody does,” remarked Ecclestone.

“We’ve had more than 70 teams in and out since F1 started. The only people who have been consistent are Ferrari, because they have been there from day one. So we don’t want to lose Ferrari.”

With the deadline eight days away, Ecclestone is not anticipating a swift solution to the ongoing problems.

He added: “We will have to wait and see. Probably, the majority won’t put an entry in.”

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