Ecclestone not afraid of losing teams
23 June 2014 – Bernie Ecclestone says he is not afraid of losing cash-strapped teams from the Grand Prix grid.
The Formula 1 supremo made the comments during the Austrian Grand Prix weekend, in the wake of increased speculation over the financial stability of certain teams and reports that some have been looking to sell-up.
Instead of expressing concerns, the 83-year-old said teams should only be racing if they are able to afford it.
"In fact, I would be happy. It's like a poker game. You don't know the other players," Ecclestone, who has long stated that he would ideally like the Formula 1 grid to consist of 10 teams, is quoted as saying by Autosport.
"They should not be in the game. You should not be in this business if you cannot afford it."
Formula 1 has comprised 11 teams since the 2013 campaign, after HRT pulled out of the sport.