|Jean Todt knows that F1 is in deep trouble – the car noses are hideous, the engine noise is horrible and the new expensive power units are pricing teams out of the sport|
FIA President Jean Todt "is concerned about the future of F1," according to BILD. Todt said, "I'm afraid that we'll lose teams." In an interview, Todt "defended the cost-reduction measures."
He said, "Everyone wants this budget ceiling. It has to be put down in writing. Then it's mandatory for all." Todt added that a lot of teams approach him and F1 CEO Bernie Ecclestone and "beg them to finally introduce a budget cap."
Sources said that "Sauber and Williams are in trouble." Lotus "has reportedly failed to pay one of its drivers." Todt: "Many scream for help. It is our job to hear those screams."
There "has to be a solution by the end of June." The Frenchman and former Ferrari team principal said, "Pollution, financial crisis and dwindling resources — those are undeniable problems. If F1 wants to stay the pinnacle of motorsports, it will have to change." BILD