Bernie Ecclestone says he’s “not at all” concerned by the struggles facing a select number of Formula 1 teams with regards their financial situation.
Caterham and Marussia won’t be missed according to the 84-year-old following their demise in late-October.
“Nobody will miss the two teams because they’re not front-running teams; they’ve only got a name that people would know because of the problem they’re in,” Ecclestone told Campaign Asia.
“If you want to get recognised you’ve got to do something. This poor guy in South Africa [Oscar Pistorius], for instance, has got more interest because of what happened with him than when he was winning gold medals. He won medals and afterwards nobody thought about him. If this case hadn’t happened he would have been forgotten, probably.
“Same with these two teams,” stated Ecclestone, who hinted that he would only like big names in F1 such as Ferrari and Mercedes.
“You need teams like Ferrari. If you go anywhere and you say to somebody ‘Ferrari’, they’ll know what you’re talking about. If you say ‘Marussia’, they won’t,” he added.
“So that’s it. It’s brands again, isn’t it? Ferrari’s a brand and it’s a brand that’s particularly connected to a product and it’s known for that product.”
