LONDON: Minardi's Australian boss Paul Stoddart has appealed to Formula One team chiefs to help the small teams stay in motor racing.
Stoddart, who sold his European commercial airline operation to stay in motor racing, has called on teams to stand by their commitment that Formula One grids will not fall below 10 teams.
Agreement to establish a cash pool of around US$30 million for the smaller teams was reached following a meeting between team chiefs and Formula One supremo Bernie Ecclestone last month.
But enthusiasm for the idea has subsequently died down.
“Obviously there has been no help forthcoming,” Stoddart told Autosport magazine. “Whether that will change depends on the individual teams. We just need an agreement. It's nice to talk about it, but talking doesn't pay the bills.”
However, Stoddart's pleas could fall on deaf ears.
One leading team boss has claimed that the fund was dependent on the regulations remaining unchanged, and the recent rules overhaul has increased team's short-term costs.
However, F1’s ruling body, FIA, said last week their proposed rule changes would cut costs and protect independent teams.
Stoddart agrees the changes would help struggling teams like Minardi. – AFP