F1 »

Dennis 'very nervous about ability of teams to sustain'

Former long-time McLaren team principal Ron Dennis admits that he worries about the future of F1 and 'the ability of teams to sustain' in the most expensive sport in the world.
Former long-time McLaren team principal Ron Dennis has revealed his fears for the future of F1, pointing to the financial fragility of some of the sport's competitors and conceding that he is 'very nervous about the ability of teams to sustain'.

In charge since 1981, Dennis stepped down from the helm at McLaren in early 2009, handing over the reins to his loyal deputy Martin Whitmarsh, but he continues to attend a large number of grands prix and insists he has no regrets, admitting to still being 'passionate about motorsport' – albeit concerned about what potentially lies ahead.

“I'm very, very nervous about the long-term economics of motor racing and the ability of teams to sustain – 107 F1 teams have come and gone since 1966,” he told Sky News.

Dennis remains executive chairman of McLaren Automotive and the McLaren Group, and he left his F1 role to concentrate on different challenges that have included the development of the company's new road-going supercar, the MP4-12C, a £500 million project.

“The automotive group will have three times the turnover of the racing operation,” the Englishman explained. “We intend to have a turnover of £1 billion in five years.”



Related Pictures

Click on relevant pic to enlarge
22.05.2011- Race, Start, Pastor Maldonado (VEN), Williams FW33 and Paul di Resta (GBR) Force India VJM04
22.05.2011- Race, Fernando Alonso (ESP), Scuderia Ferrari, F-150 Italia leads Sebastian Vettel (GER), Red Bull Racing, RB7
17.04.2011- Race, start
10.04.2011- Race, start
27.03.2011- Race, Start, Fernando Alonso (ESP), Scuderia Ferrari, F-150 Italia
10.06.2011- Friday Practice 2, Rubens Barrichello (BRA), Williams FW33
28.05.2011- Saturday Practice, Heikki Kovalainen (FIN), Team Lotus, TL11
12.06.2011- Race, Timo Glock (GER), Marussia Virgin Racing VR-02
26.05.2011- First Practice Session, Narain Karthikeyan (IND), Hispania Racing F1 Team, HRT
27.03.2011- Race, Ron Dennis (GBR), McLaren Mercedes
27.03.2011- Race, Ron Dennis (GBR), McLaren Mercedes
Ron Dennis, Chairman & CEO, McLaren Group & Martin Whitmarsh, Team Principal, McLaren Mercedes
Ron Dennis (GBR) McLaren Team Principal, Australian F1 Grand Prix, Albert Park, Melbourne, 27-29th, March, 2009
Ron Dennis (GBR) McLaren Team Principal, Australian F1 Grand Prix, Albert Park, Melbourne, 14-16th, March, 2008
Stoffel Vandoorne (BEL) McLaren Test and Reserve Driver.
26.11.2014.
The McLaren MP4-29H of Stoffel Vandoorne (BEL) McLaren Test and Reserve Driver is recovered back to the pits on the back of a truck.
26.11.2014.
The McLaren MP4-29H of Stoffel Vandoorne (BEL) McLaren Test and Reserve Driver is recovered back to the pits on the back of a truck.
26.11.2014.
Stoffel Vandoorne (BEL) McLaren MP4-29H Test and Reserve Driver.
26.11.2014.

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


Rob01 - Unregistered

June 22, 2011 9:41 PM

HRT,Virgin,Lotus,Williams,ToroR.. all teams that could crumble/pirelli at anytime. Red Bull just showed Nascar that it could leave at anytime. They based it on poor results. If Red Bull starts to get poor results in F1 would they pull out? Sounds like a yes. Keeping in mind that they are a drinks company. At anytime the market for them could change. One new energy drink that grabs market share could kill a number of the hundreds of sponsorships they currently have. So Ron recognizing the fragility of the sport is probably spot on.

speedtrap - Unregistered

June 23, 2011 7:58 AM

It's a double edged sword. The global downturn forced the big manufacturers out. They could not justify the costs. HOWEVER, BMW, Toyota, Honda, etc came in for the prestige and spent the money because F1 is all about cutting edge development, some of which will end up in road cars. The big teams did not want cost cutting because it restricts the development and innovation. So if you want to be in F1, you need minimum $150m, per year to do it half way decent. McL and to a lesser extent Williams sell their tech expertise to industry which generates revenue. Red Bull make fizzy drinks. The name of the game, apart from getting a bigger share from Bernie, is to develop related cash flows. It is very very difficult to find big buck sponsors these days. Hispania should not really be there. Nor Virgin, Branson is just playing at it. BUT Lotus do deserve to be there and they just got a big big sponsor.



© 1999 - 2014 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.