Ecclestone resolute in face of GPWC
Meanwhile, F1 impresario Bernie Ecclestone gave his reaction to autosport.com at Imola concerning the GPWC's latest move: "What the GPWC wanted was all that money and all these things, seats on the board and everything, but they didn't want to give any commitments to the [F1] banks. And we said, well, what are you going to give us? In the end, the answer was nothing. It's what you might expect of big companies."
He added: "The manufacturers just said they couldn't commit. So we said, if you can't commit, then why are you wasting our time? All we want is the Concorde Agreement extended. We were giving about $700 million more to the teams to 2007 than they would normally be paid under the Concorde agreement. They were going to commit to 2014, but then when we got down to signing an agreement they couldn't commit to one year.
"They wanted to give it to the FIA basically and be the regulators, which could never happen. We have a 100-year agreement with the FIA and they are the regulators. If they want to try and organise their own championship, they can."
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