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SBD Global/September 24, 2013/Franchises

F1 CEO Bernie Ecclestone Says 'Two Or Three' Teams In Financial Trouble

F1 CEO Bernie Ecclestone said that "two or three" teams are facing financial troubles, according to Roger Benoit of BLICK. Told that "half the field" is struggling to survive amid the economic crisis and spiralling costs, Ecclestone said, "That's not quite right. We are talking about two vulnerable teams at the moment. Perhaps there's a third with a question mark." Asked if he is confident the "vulnerable" teams will be on the '14 grid, the 82-year-old said, "If you had asked me a year ago, the answer would be no. But now, suddenly, most of the teams find money somehow from somewhere. I don't know how they do that." Ecclestone would not name the vulnerable teams, or even admit that the one at the top of the list is surely Sauber. Ecclestone also ruled out intervening with personal loans as he sometimes did in the past. He said, "I'm not allowed to do that anymore. We have an agreement with the teams that it would be unfair to the others" (BLICK, 9/22).
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