Ecclestone summons small teams to London

1,346 views

HRT folded due to the economy worries, and now the Formula One boss wants to speak to the teams that night be in jeopardy of the same fate.

Feb.7 (GMM) Bernie Ecclestone has summoned the chiefs of F1's smallest teams to his London headquarters.

Germany's Auto Motor und Sport said representatives of Marussia, Caterham, Force India, Sauber and Toro Rosso have been invited to the meeting on Thursday.

With HRT now folded and other small teams ousting salaried drivers in favour of 'pay drivers' for 2013 and worrying about the cost of buying an engine in 2014, the meeting follows speculation F1's smallest teams are buckling under the pressure of financial problems.

"The situation is serious," said German correspondent Michael Schmidt.

Cyril Abiteboul, Caterham F1 Team Principal with Charles Pic, Caterham and Giedo van der Garde, Caterham F1 Team
Cyril Abiteboul, Caterham F1 Team Principal with Charles Pic, Caterham and Giedo van der Garde, Caterham F1 Team

Photo by: XPB Images

Mercedes boss Ross Brawn, however, said he is not concerned.

"We have always had these phases, and Formula One has always found its way out of them," he is quoted as saying.

Referring, however, to Thursday's meeting with Ecclestone, journalist Schmidt continued: "There is much to discuss.

"It's quite possible he (Ecclestone) will remind them of an old idea: throughout the paddock the words 'customer car' are doing the rounds again."

Write a comment
Show comments
About this article
Series F1
Article type Breaking news
Tags brawn, caterham, ecclestone, force india, hrt, london, marussia, sauber, schmidt, toro rosso

User photos

jimmykwoods
F1

jimmykwoods

2 photos
nickmossdesign
F1

nickmossdesign

1 photos
Tim Holmes
F1

Tim Holmes

17 photos
EricDebris
F1

EricDebris

411 photos
hanmerdesign
F1

hanmerdesign

7 photos
Evan_DeCiren
F1

Evan_DeCiren

25 photos
EuroRacer
F1

EuroRacer

27 photos
darkcloud154
F1

darkcloud154

22 photos
Upload photo