Marc Gené Elmer George Bob Gerard Gerino Gerini Peter Gethin
Monday, March 12, 2012
F1 may need budget cap ? Ecclestone
Formula 1 supremo Bernie Ecclestone says he is open to revisiting the idea of a budget cap for teams in the world championship - as he warned squads that they should 'tighten their belts' amid current financial pressures. Former FIA president Max Mosley's 2009 budget cap plan was ultimately rejected in favour of the Resource Restriction Agreement created by the teams. In an interview with the official Formula 1 website, Ecclestone said he felt some teams were taking a delusional approach to their economic situations.
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