Force India has avoided becoming the next formula one team to drop out of this weekend’s US grand prix.
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F1 risks sliding into crisis and having to reinvent its very DNA as struggling backmarker teams begin to succumb to collapse.
HRT folded in 2012, and now F1’s two other newest teams Caterham and Marussia are in the throes of financial administration. Organisers of next weekend’s US grand prix look set to welcome just 9 teams to an 18-car grid, unprecedented since BAR-Honda was banned for a time almost a decade ago.
Time is running short if formula one needs three-car teams to bolster dwindling grid numbers in 2015.
That is the claim of Eric Boullier, boss of the McLaren team, presumably one of the richer outfits that would be called upon by Bernie Ecclestone to pick up the slack should some struggling teams collapse over the winter.
Force India has played down this week’s alarming news from India about team supremo Vijay Mallya.
Amid the decline of his airline Kingfisher, the former billionaire was declared a ‘wilful defaulter’ by the public sector lender the United Bank of India, meaning he will lose his director positions and be unable to borrow money.