When Ecclestone talks about cost reduction again

F1 teams are spending too much money, says Bernie Ecclestone. He would also prefer to see them invest in equipment rather than rhinestones and sequins…

Published on 13/03/2012 à 17:04

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When Ecclestone talks about cost reduction again

A few years ago, while Max Mosley campaigned to impose a limited budget on teams in order to give smaller structures a chance, the big ones ardently campaigned against it, like Ferrari. However, they managed to find common ground via the Resource Restriction Agreement. In the eyes of Bernie Ecclestone, the big financier of the F1, it's not sufficient. “ There are still people in F1 who look through rose-tinted glasseshe says. They like to look at the world the way they want to see it. The sun is shining, isn't life wonderful? But it?s not like that. On the other side of their glasses, they would see reality. »

« My advice is that they change the color of their glasses, tighten their belts, and not spend more than they should. Teams must learn to be competitive without spending a ton of money. They must focus again on the basics, namely spending on racing and sport, not on gigantic motorhomes or other activities. We've had these problems in the past but of course teams spend what they have. We could set a budget limit, based on that of small teams. But the older ones don't like it and will fight against it. » Asked about the possibility of imposing a budget limit, it is clear: “ I would very much like. And yes, I think that could happen. But they want more money? to spend more! »

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