Formula One news

Honda withdrawal a wake-up call - Ecclestone

Bernie Ecclestone has warned that Honda's decision to pull out of F1 is a major 'wake-up call' to the sport which needs to cut costs dramatically. 

"It's a wake-up call," Ecclestone told Sky News. "We have been campaigning for quite a long time now to try and reduce the requirement to spend vast amounts of money to be competitive."

"The bottom line is very simple," he added. "If you or I wanted to run an F1 team we wouldn't need to have to spend what they are at the moment. The trouble is the teams are basically run by technicians who really should be at home playing with their PlayStations rather than spending fortunes."

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• 04 Jul.
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• 03 Jul.
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• 02 Jul.
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• 01 Jul.
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• 30 Jun.
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