Germany Formula One - F1 - German Grand Prix 2016 - Hockenheimring, Germany - 30/7/16 - President and CEO of Formula One Management Bernie Ecclestone before practice. REUTERS/Ralph Orlowski Picture Supplied by Action Images
LONDON (Reuters) - Former supremo Bernie Ecclestone believes any attempt to make Formula One more competitive by imposing a budget cap is doomed to fail because the big teams will still find a way to stay on top.
The 87-year-old Briton, who moved aside in January when U.S.-based Liberty Media took control, also warned on Monday that a threat by Ferrari to walk away after 2020 should be taken seriously.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
