Formula 1

Bernie Ecclestone turned 86 earlier this year.

Bernie Ecclestone tips Mercedes and Ferrari to quit Formula 1

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Bernie Ecclestone claims Mercedes and Ferarri are not guaranteed to remain in Formula One after 2020, when the next Concorde Agreement is set to be put in place.

“It could happen to us that Mercedes and Ferarri run away.” He said, in an interview with German publication Auto und Sport.

“But honestly, if the races get better, this may not be such a terrible vision. We have to expect the manufacturers to leave us anyway.

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“Mercedes will retire on the day when it suits them and it’s something we had before – look at Honda, BMW and Toyota. They go when Formula One has done the job for them. There is no gratitude.”

He also addressed his concerns about the future of the Singapore Grand Prix as the CEO isn’t convinced promoters will want to extend their contract – set to run until 2017 – as they have already achieved huge success from the investment.

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Even though Singapore remains as one of the most successful and popular events on the F1 calendar, Ecclestone doesn’t think that alone, will be enough.

"Look at what we have done for Singapore. Yes, the Grand Prix has cost Singapore a lot of money, but we've also given them a lot of money.

"Singapore was suddenly more than just an airport to fly to or from somewhere. Now they believe they have reached their goal and they do not want a grand prix anymore."

As it stands, both Mercedes and Ferrari are still very much a part of Formula One, and have not publicly expressed any desire to leave the group, while Singapore is still on the calendar until at least next year.

F1 Grand Prix of Brazil

If both teams do decide to leave, and new destinations are added to the calendar, the sport could undergo more than a cosmetic face-lift with Ecclestone surely not expected to remain CEO for too much longer.

However, if both teams do leave the sport, F1 would lose two of their most dominant brands.

Mercedes are currently leading the Constructors Championship, which they've won numerous times in the past few years, with 722 points, whilst Ferrari are third with 375 points.

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