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Bernie snubs Formula E

2014-02-20 09:11

IT WILL COLLAPSE: F1 chief executive Bernie Ecclestone doesn't see Formula E working out. 'Its a commercial thing.' Image: AFP

LONDON, England  - Formula 1 chief executive Bernie Eccelstone believes the organisers of the new Formula E series expect to make some quick money and then see the concept collapse.

Despite the involvement of several well-known figures, teams and drivers, he thinks the International Automobile Federation's category involving near-silent battery-powered single-seaters is doomed.

'IT'S A COMMERCIAL THING'

The cars will be racing in cities such as Los Angeles, Berlin and London.

Ecclestone, 83, told interviewer Matthew Layton: "For them (the organisers) it's a commercial thing. One or two of them are going to make a few quid (pounds) and that will be the end of it.

"I can't see it ever working. I know how much it costs to put a street race together."


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