• Sat
  • Dec 20, 2014
  • Updated: 10:30am
SportOther Sport
MOTOR RACING

Formula One headed for crisis, says McLaren chief

PUBLISHED : Saturday, 05 October, 2013, 12:03pm
UPDATED : Saturday, 05 October, 2013, 1:08pm

Formula One is headed towards a crisis within the next 18 months unless costs are cut significantly, McLaren team principal Martin Whitmarsh said.

Whitmarsh said the introduction of V6 turbo engines next year added even more costs to an already highly expensive sport, and more needs to be done to ensure smaller independent teams can survive.

Along with the introduction of new engines and gearboxes, in-season testing will also be re-introduced next year, which alone is expected to cost teams US$8-$10 million. Some of the smaller teams may skip one or more of the tests for cost reasons.

“We have made some mistakes with introducing the new power trains, we didn’t control the costs enough, and the sport may well pay the price of that over the next 18 months,” Whitmarsh said on Friday from the Korean Grand Prix.

“We are not at crisis yet, but we have to be careful we don’t wait for that crisis.”

Previous efforts to reach a cost-control agreement through the Formula One Teams Association have failed because the bigger teams have been unwilling to handicap themselves for the good of the sport.

Red Bull was one of the teams that refused to make concessions, but principal Christian Horner still believed cost control was needed.

“It [Fota] worked in the beginning, but it fell apart because self-interest was too strong amongst competitors,” Horner said. “So you have to have strong leadership now in that respect.

“The cost of competing in Formula One at the moment is unimaginable and I can only imagine how it is at the other end of the pitlane.”

One potential solution to reduce costs for smaller teams is the introduction of customer cars, in which they could buy chassis and aerodynamic parts from the big teams in the same way they now buy engines.

“Personally, if I was in charge I wouldn’t propose customer cars as I don’t think they are in the spirit of Formula One and they would be the death of many of the teams,” Whitmarsh said. “But at the end of the day we are a business so if the regulations allow it then we would do it.”

 

Share

Related topics

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or