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Ecclestone ready to tear up income contracts

Bernie Ecclestone on Saturday said he is prepared to "tear up" contracts and start again, as the sport's civil war appeared to ease slightly in Abu Dhabi. The F1 supremo reportedly even apologised for calling struggling teams Lotus, Sauber and Force India "beggars" as they look for a fairer distribution of the team's almost $1 billion in annual revenues. Also strongly chided during Ecclestone's meeting on Saturday between the small teams and F1 owner CVC's Donald Mackenzie was Christian Horner, the boss of the powerful Red Bull team. It is believed that during one recent meeting, Horner laughed and joked about the demise of the backmarkers Caterham and Marussia. "I...
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