Bernie Ecclestone admits Formula One is in deep crisis and needs help

F1 supremo says contract issues are tearing sport apart Frankly, I know whats wrong but dont know how to fix it Lotus owner denies considering boycott of USA Grand Prix
Bernie Ecclestone has admitted that Formula One is in crisis and he does not know how to fix it. We should tear all of the current contracts up, he said. Tear them all up and start again.
Ecclestone, looking every one of his 84 years, also conceded that the three teams who were said to be considering a boycott of Sundays United States Grand Prix Force India, Sauber and Lotus may not be racing next year. But he also insisted that he had averted the immediate threat of a boycott.
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