Bernie Ecclestone has admitted that, mere weeks ago, this weekend’s inaugural Korean grand prix risked not going ahead.

The F1 chief executive recently expressed doubt about the incomplete Yeongam venue, which has now been passed fit by the FIA to host the formula one circus.

“It’s done now,” Ecclestone said in an interview with the Guardian newspaper.

“Last month I didn’t think it would be finished. And it would have been cancelled then — for sure.”

But the Briton, to turn 80 later this month, defended his campaign of the last decade or so to expand the sport far beyond its traditional European base.

Since the late 90s, F1 has moved further into Asia and the Middle East, and the likes of India, the USA and Russia will soon also be on the calendar — despite waves of scepticism among some of the sport’s purists.

“In the end common sense has prevailed and we’ve expanded. It’s just having the courage to do it,” said Ecclestone.

A potential problem, however, is that F1′s expansion has put in jeopardy some of the historic, much-loved but outdated venues and hosts — like the popular Spa-Francorchamps.

But is the incredible Belgian venue really in danger of losing its grand prix? “Absolutely,” Ecclestone insisted.

“If it wasn’t supported by the government over there it probably would go because they wouldn’t be able to afford it. It’s the same with the British grand prix,” he added.

Another problem is that the circuits replacing the old guard are mostly penned by Hermann Tilke, who has been accused of churning out bland clones.

“Our problem is that we’re trying to build race circuits that are super safe,” Ecclestone explained. “You don’t get so much up-and-down because you can’t just put a new circuit anywhere.

“But one of the best circuits in the world is Turkey. It’s a great circuit — that’s up-and-down.”

But even the Istanbul venue is in doubt, the Briton revealed, because of efforts to cap the calendar at 20 races.

“Maybe someone will decide they need a rest because it’s not working for them commercially. A good example is probably Turkey,” said Ecclestone.

“They’ve built an incredible circuit and it might even be the best — but there’s not much enthusiasm from the public. I don’t know why.”

Jaime Alguersuari has indicated he risked losing his F1 seat this year due to “problems” between Toro Rosso and Red Bull.

In between the 2009 and 2010 seasons, it was strongly rumoured the Faenza based team was considering replacing the then teenage Spaniard with a pay-driver.

Alguersuari, who had debuted only several races earlier due to the mid-season expulsion of Sebastien Bourdais, told Diario Sport in an interview this week that he never felt his career was in jeopardy.

He revealed: “I had a contract with Red Bull and the word of Dietrich Mateschitz. I knew I was a future project for them and that it made no sense for them to make me quickly debut and then leave me out for the next season.

“The only thing about the situation is that Toro Rosso had economic and contractual problems with Red Bull, but I just kept doing my work in a calm way,” added Alguersuari.

Having taken a tangible step forward in comparison to his teammate Sebastien Buemi this year, Alguersuari admits he would like to be in a fully competitive car sooner rather than later.

“Red Bull has a winning car and I must fight to have one as well,” he said.

Earlier rumours suggested Mark Webber might move on at the end of 2010, opening up a cockpit for Alguersuari or his teammate Sebastien Buemi, but speculation is now strengthening that Red Bull will retain its current lineup next season.

“I am learning, and if some day I can take the wheel of a Red Bull or win a world championship with them, it would be fantastic,” admitted Alguersuari.
(GMM)

This season start is on its way to become a real soap opera drama.  Even though, last week, Adrián Campos, angry with all that was being published hit the table with his fist assuring the Monday everything would be worked out, today the opposite was confirmed.

The Valencian is trying to save the Spanish team, but days go by without a solution to his financial difficulties –in spite of the time extension granted by Dallara until nest Wednesday-, and everything gets more and more complicated.

Even so that the agreement between the South African manager and Adrian Campos might be forgotten.

According to close sources, Tony Teixeira, has not been able to have the necessary liquidity to close the deal, thus leaving the Campos Meta 1, almost without options.  And if we say, ‘almost without options’ it is because those same sources have mentioned a possible purchase of the complete team, but with the condition that Adrian Campos would not lead the ‘scuderia.’

With this purchase, the team would leave Spain and the team’s personnel would not have a sure job position any longer.

Petrov needs a loan?

To continue with the soap opera, at Renault ranch, there are problems also, because if the French ‘scuderia’ initially officialized, Vitaly Petrov due to economic interests, the 15 million Euros per season that the Russian was supposed to contribute with are nowhere to be seen, at least that is what his father Alexander gave to understand, when he declared that Vitaly’s position is in jeopardy: “If we do not pay the first quota before March 1^st he may be substituted by another pilot.”

The 15 million Euros were supposed to be paid in two dates: one on March 1^st and the second on July 1^st.  However, it seems that his country’s sponsors were not aware of that.  The problem being that the manager of the Russian pilot has been knocking on the doors of 500 companies and getting the same answer: “He has been rejected every time,” confessed the pilot’s father indicating that: “Fortunately, a friend of mine, responsible for a bank in Saint Petersburg has given me a credit for 7.5 million Euros, but the bank has requested time to evaluate the guaranties.”

“Our hope is Prime Minister, Vladimir Putin who has received letters asking for help from the Russian Motor Federation, from the motoring sport and from the Sport Minister and the Parliament.”

The next episode of this soap opera “The Life of the F1″remains to be seen soon.

The owner of Force India team, Director and Co-Owner, Vijay Mallya played down reports that Force India will disappear in 2010.

In an article presented by the Daily Telegraph newspaper, it was mentioned that the team based in Silverstone is facing the dissolution of the Great Britain companies, the reason being that it has not delivered their accounts since 2008.

“It is not unknown for companies to file their annual returns late, the reasons for which are varied,” Indian billionaire Mallya, declared.

It has been confirmed that the Companies House has granted an extension until February 25^th, to file the delayed paperwork.

“We’re taking all the necessary measures to guarantee the submission of the documents prior to that date.  Hence, participation of Force India in the championship is not and will not be in jeopardy; “ Mallya stated.

Meanwhile, a spokesman from the team clarified that the 2010 Force India single-seater, the Mercedes-VJM03 made its debut at Silverstone, on Wednesday of this week, not Thursday as was previously informed.