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F1 cost 'unsustainable' for more than half paddock, insists Alfa Romeo chief

F1 cost 'unsustainable' for more than half paddock, insists Alfa Romeo chief

11/03/2019 at 11:00Updated 11/03/2019 at 11:03

The cost of Formula One is currently ‘unsustainable’ for more than half of the teams in the paddock, believes Alfa Romeo team principal Frederic Vasseur.

The Frenchman wants the commercial rights holder – Liberty Media – to continue with its plans to rework the sport in two years.

The plan would include a cap on budgets and also possibly a change to prize money.

When asked about Liberty’s proposed changes, Vassuer said: ““It has to be the start honestly because you know that the situation is just unsustainable for at least six teams on the grid."

" I think that we, the owners, the shareholders of the teams are doing their best effort to survive until [the] 2021 change. It has to change."

Speaking ahead of the Australian Grand Prix in Melbourne this weekend, Vasseur believes the problem comes from the huge variety of teams in the sport, with the smaller outfits struggling to compete with the likes of Mercedes and Ferrari.

"The issue is that we are 10 teams around the table with completely different approach, completely different structure, different budget,” Vassuer added in an exclusive interview with RaceFans.

“I don’t want to speak about competitiveness but at the end you can have Haas and Renault, for example, they are more or less at the same level but with completely different approach

“And if you listen to everybody I think that you will never find a compromise because you won’t find something fitting with every single company. At the end of the day they have to act. To take decisions.

“Honestly it’s good to listen to everybody but at one stage we have to take decisions and to take responsibilities. For sure some teams won’t be very happy but you have to find the best, not compromise, but the best direction for the series.”