Bernie Ecclestone has ruled out the idea of a bailout for the Sauber team as the Swiss based outfit deals with major financial difficulties.
It is reported that Sauber have not paid suppliers or driver Nico Hulkenberg for a few months with the German driver activating a termination clause in his contract.
Ecclestone has been known to help teams in major financial troubles, but when asked by Swiss broadcaster SRF he replied: "We have agreements that require us to treat all the teams equally."
Ecclestone did suggest however, that Sauber's best option could be to sell up saying: "They're a good team and I'm sure there is more than one possible buyer.
"I don't want to imagine F1 without Sauber. Ideally, they will find new sponsors in the long term, but even companies who are willing to support them in the short term would be fine," the F1 chief executive added.
"The team deserves to be helped," said Ecclestone.
"I don't know exactly what their financial situation is, but I know it's not as good as it should be."
The 82-year-old admitted also that Sauber is not the only team struggling financially.
"There are others," said the Briton, "that are spending more money than they have."
Meanwhile organiser's of the Italian Grand Prix are confidant Ecclestone will abide by the contract both parties have until 2016.
Last month Ecclestone said the iconic race could be dropped as F1 looks for new races in emerging markets, but race organiser Federico Bendinelli said his fears were put to rest at a meeting of the World Motor Sport Council at Goodwood recently.
"I have known Bernie for 30 years," he is quoted by Speed Week, "and his comments are often controversial. You've always got to expect something explosive.
"I only know that he abides by contracts, always, and ours runs up to and including 2016.
"I'm also not worried in any major way about the future, as we are already in negotiations to extend the contract."
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