F1 Fansite

F1 News

Ecclestone : Formula E to make ‘few quid’ then collapse

Ecclestone : Formula E to make few quid then collapse

Mark Webber, Ron Walker, Bernie Ecclestone and Daniel Ricciardo

Organisers of the new Formula E series expect to make some quick money and then see the concept collapse.

That is the view of F1 chief executive Bernie Ecclestone, who despite the involvement of several well-known figures, teams and drivers, thinks the FIA category involving near-silent electric-powered single seaters racing in cities including Los Angeles, Berlin and London is ultimately doomed to fail.

“For them (the organisers) it’s a commercial thing,” Ecclestone told Zone One Radio.

“One or two of them are going to make a few quid and that will be the end of it,” the 83-year-old Briton told interviewer Matthew Layton at the recent Zoom photographic charity auction.

“I can’t see it ever working. I know how much it costs to put a street race together,” Ecclestone said.

Share + comment and subscribe to our free F1 newsletter

PinIt

Latest F1 News posts:

Find older posts on our F1 News page »

Free F1 Newsletter

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com 2014 Formula 1 season Early Booking discounts are:
F1 Grand Prix
Discount

F1 Tickets Spanish Grand Prix Monaco
-5% till 30-04-'14 Book Now
F1 Tickets Spanish Grand Prix Britain
Available
Book Now
Book F1 Tickets German F1 GP Italy
-5% till 31-05-'14
Book Now
Book F1 Tickets German F1 GP Japan
Available
Book Now
Book F1 Tickets Hungarian F1 GP USA Available Book Now
Book F1 Tickets Belgian F1 GP Belgium -5% till 31-05-'14
Book Now
Book F1 Tickets Belgian F1 GP Singapore -15% till 30-04-'14
Book Now
Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.