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Ecclestone would welcome Caterham collapse
Formula 1 boss Bernie Ecclestone says he would welcome the collapse of Caterham, believing it would be better for the sport. The Leafield based outfit is embroiled in an ownership row after it emerged that former owner Tony Fernandes has yet to transfer his shares in the business to Engavest SA, meaning the team is still legally owned by the Malaysian businessman. The matter doesn't concern Ecclestone who compared their situation to street beggars, which he believes to be bad for F1's image. "I think it's better they go," the 83-year-old told the Sun newspaper. "I don't want people going around with begging bowls," he added. The situation at Caterham is far from...
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9y ago from TheF1Times.com
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