The story

Formula One's sole commercial rights holder and overall supremo, Bernie Ecclestone, has dismissed the threat of eight of the sport's ten competing teams to breakaway to form a new championship.

Ecclestone told the BBC: "I don't think it will happen. I'm not concerned - Formula One has been going for 60 years and that won't change anytime soon."

When asked how he saw the crisis progressing the 78-year-old added: "I don't know where we are at the moment so I don't know where we'll go." Read full article »

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