F1 supremo Bernie Ecclestone admits F1's current perilous state of affairs is being held hostage by the teams' inability to agree on cost cutting and change, expressing a concern also voiced by former FIA President Max Mosley.

"If it was up to me, I'd just go back to the V8 engines we had before," Ecclestone said in an interview with Sport Bild. "The fans loved the noise and the teams appreciated the fact that they weren't too expensive, while the races were also better to watch."

Bernie said he would feel wary of the sport's future if the wrong decisions were made by a handful of people. "When you make a mistake, you try to fix things but in this case we haven't even tried. We have meetings where we discuss useless things, and then decide to put off any decisions until the following week or month. We're waiting to see F1 disappear..."

Ecclestone vowed to improve the situation and plead F1's cause with the FIA.

"I'll try to get them involved, and if some people complain, let them do so. I can assure you that we will win this battle. I won't let the selfishness of some destroy F1."

Click here for an interesting take on putting new drivers in third cars. 

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

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