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Teams will always spend money, claims Ecclestone
Bernie Ecclestone has played down suggestions that a budget cap would help keep F1 spending in check, claiming that teams would always find a way around limitations.With HRT having bitten the dust since the end of the 2012 season, the grand prix field is down to eleven teams as the new campaign gets underway in Australia this weekend, and Ecclestone is quick to point out that the Spaniards failed because they couldn't raise the funds to ensure survival. However, he was equally adamant that imposing a spending cap could be circumvented and therefore would not be viable.“[HRT's demise] wasn't a case of a poor business model,” the sport's ringmaster insisted in a pre-season interview with...
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