Briatore says F1 needs an overhaul

The Italian also feels the sport is hurting due to Max Mosley focusing on his personal problems.

"His absence is felt as there's no project for F1. The teams feel abandoned," Briatore told Gazzetta dello Sport newspaper.

Speaking about the issues Formula One is facing, Briatore said: "The Concorde agreement, the number of races, the costs, the spectacle, the imperative increase of revenues. Formula One needs to be re-designed.

"I feel that it should be down to the teams to decide, by electing in turns a director of operations. A guy who does things, not a PR person.

"On top of that, we need to decide with a 51% majority, not unanimously like now, otherwise we'll carry on being stuck."

He added: "Nowadays Ecclestone takes 50% of all revenues, but we are supposed to be able to reduce our costs by 50%.

"How? Starting from the engines. Making them more environment-friendly, accepting Mosley's challenge of reducing fuel consumption by 50% by 2015, while cutting the high costs of the engine themselves and also cutting the staff.

"The problem is that us, Renault, have stuck to the letter of the current regulations on frozen engines, and we've been buggered: others didn't do that and are far ahead, while we suffer. It's not fair."

Briatore and the rest of team principals and other officials will meet today in Maranello to discuss the future of the sport.