Bernie Ecclestone wants Caterham & Co to quit F1

Eccletone feels more change is needed in F1 (©GettyImages)

Bernie Ecclestone believes Formula 1 would be better served if cash-strapped teams quit and the remaining teams were allowed to field three cars each.

Struggling Caterham were rumoured to be exiting F1 but owner Tony Fernandes sold the team to a Swiss and Middle Eastern consortium. Ecclestone showed no sympathy to the grid's back markers, saying he would be 'happy' if they closed down.

"They should stop," he told Italy's Gazzetta dello Sport. "If they do not have the money, they should close. I am ready for a Formula One with eight teams and three cars each.

"Is it better to see a third Ferrari or a Caterham? Ferrari might find new sponsors in America and an American driver. Great. The same for the others.

"Let's take Caterham. They have invested a load of money, they are going to need a load more and therefore paying drivers. But what for if they have never been competitive?"

Ecclestone has never been afraid to come up with new, sometimes drastic changes, often as a negotiation tactic or to stave off any dissent. However, with cost-cutting measures failing to have any real impact, the future of F1's smaller teams remains up in the air.

Gene Haas will bring his new outfit to the championship in 2015, and with Red Bulls recent domination faltering at present, there are few who would like to see the number of constructors reduced into single figures.

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