Red Bull are in talks with Formula 1 boss Bernie Ecclestone to try to solve a deepening engine supply crisis that could lead them to quit the sport.
The team are finalising a split from engine partner Renault but have been unable to secure a replacement on terms that satisfy them.
Mercedes have refused to supply them and Ferrari will not sell them their definitive 2016 engines next year.
Showing posts with label Bernie Ecclestone. Show all posts
Showing posts with label Bernie Ecclestone. Show all posts
09 October 2015
17 January 2014
FORMULA ONE: Bernie Ecclestone steps down from F1 board pending bribery trial
Bernie Ecclestone has stepped down from the board of the company which runs Formula 1 following his indictment on bribery charges in Germany. But the 83-year-old will continue to run the business on a day-to-day basis, Delta Topco said in a statement.
Ecclestone will go on trial to face allegations he bribed a German banker who is serving a jail sentence for receiving the payment. He admits paying Gerhard Gribkowsky, but denies bribery.
His stepping down means he can no longer approve and sign significant contracts.
Ecclestone will go on trial to face allegations he bribed a German banker who is serving a jail sentence for receiving the payment. He admits paying Gerhard Gribkowsky, but denies bribery.
His stepping down means he can no longer approve and sign significant contracts.
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