Ecclestone believes F1 budget cap 'workable'

Ecclestone seeks buyer for Williams
1 October 2012 by    1 min read
Bernie Ecclestone and Frank Williams 2008

Bernie Ecclestone and Frank Williams

Bernie Ecclestone insists a budget cap for formula one teams is "workable".

That is despite the fact that when the idea was proposed by former FIA president a few years ago, the teams banded together and threatened to quit the sport.

But F1 chief executive Ecclestone has now told the Sunday Express newspaper that working to an imposed maximum budget is "the direction people are going in. It is workable".

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