Senior figures inside Formula 1 have hit out at the spiralling costs of Formula 1, ahead of this weekend's Singapore Grand Prix.
Caterham owner Tony Fernandes says that self-interest means Formula 1 teams have missed an opportunity to cut costs in the sport.
Fernandes entered the sport in 2010 on the promise of a budget cap, which was ultimately abandoned.
'I’ve been consistent since day one I’ve been in Formula One that costs are too high and every… when I came into Formula One, people talked to me about costs coming down but I don’t think there’s been a single year it’s come down,' he said.
'I think next year will be probably the highest year – so I think there’s...
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