Force India boss says F1, leading teams have 'agenda' to make smaller teams go bust

Force India's boss has said that the owners of Formula One and its leading teams have an agenda that is causing smaller teams to go out of business.

Bob Fernley, Force India's deputy team principal, said that the motor racing sport was not sustainable and would have a different format in 2015, adding that Formula One is at crossroads and there is clearly an agenda.

Fernley said that two teams have been forced out, and questioned as to how many need to be forced out before they achieve the goal they are looking for, The BBC reported.

He also said that he believed main shareholder CVC, a venture capital group, and the leading teams that make up the strategy group that defines rules were trying to force the sport down a specific route.

Fernley said that they have missed an opportunity in Formula One to be able to get it sustainable, adding that that is passed them and there is no point looking back.

He said that he thinks the sport would be in a different format in 2015 and he doesn't know what that is. He added that CVC and the teams they have empowered have got some form of programme in place because nobody would have teams going out of business.

Fernley further added that there is a financial split that is inequitable.