Honda team bosses turned down Bernie Ecclestone's financial help for their attempted management buyout.

Honda team bosses turned down Bernie Ecclestone's financial help for their attempted management buyout.

In an interview with News of the World, the F1 chief executive revealed he offered to assist Nick Fry and Ross Brawn to complete the deal, which also would have given him a voice inside the FOTA alliance.

"They should have taken what I offered," said the 78-year-old, amid reports that Sir Richard Branson's Virgin Group is now close to buying the Brackley team.

"It was a very good offer for everybody concerned. It gave them complete protection but they wanted to do things on their own. Now all we can do is hope and pray," Ecclestone added.

The Briton said he does not know what is going to happen, but expressed frustration that the uncertainty is also threatening the unconfirmed debut of Bruno Senna.

"It would be fantastic for everybody to have the name Senna back in F1," said Ecclestone.

 

Be part of something big