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Leagues and Governing Bodies

F1 CEO, Former FIA President Fear For Survival Of Formula One

F1 CEO Bernie Ecclestone has joined former FIA President Max Mosley in "fearing for the very survival" of F1, according to GMM. Mosley warned this week that the current state of the sport "could see it 'collapse.'" Ecclestone said, "I will not watch Formula One destroy itself because some people made a mistake." The 84-year-old, who "wants F1 to revert to its V8-powered days, sees the new turbo V6 engine regulations as arguably the biggest problem." Ecclestone: "The fans want the volume, the teams want the low cost -- and even the racing was better." But as Mosley pointed out, there "can be no change unless every team agrees unanimously -- and that is not going to happen." Mercedes Exec Dir Toto Wolff said, "For us, the current technology is an important part of our involvement. Our marketing strategy focuses on the hybrid technology of Formula One." The fact that some teams "cannot see an urgent need for change, however, is a major frustration for Ecclestone." He said, "We are sitting and waiting for Formula One to disappear." Pointing his ire "directly at Wolff," Ecclestone added, "Toto can have a lovely inscription on his gravestone that says 'I helped to kill Formula One'" (GMM, 4/8). 

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