Whitmarsh fears F1 could 'crash and burn'


McLaren Group Limited CEO Martin Whitmarsh attends a joint news conference with Honda Motor Co's Takanobu Ito (not in picture) in Tokyo May 16, 2013. REUTERS/Issei Kato

PORTSMOUTH, England (Reuters) - Former McLaren team principal Martin Whitmarsh says he is saddened by the current state of Formula One and fears it may "crash and burn" before eventually recovering.

"I love Formula One and I love McLaren. I was there 25 years. I am saddened by it," Whitmarsh told Reuters at a media day for British America's Cup yachting challenger Ben Ainslie Racing, of which he was appointed chief executive in March.

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