Motor racing-Formula One teams and Ecclestone argue over money

Newswire

By Alan Baldwin MELBOURNE, March 27 (Reuters) - Formula One's tortured start to the season continued on Friday when a row over money flared up between the 10 teams and commercial supremo Bernie Ecclestone. The Formula One Teams Association (FOTA) issued a statement to clarify reports of a stormy meeting with 78-year-old Ecclestone in London ahead of this weekend's Australian season-opener. "The purpose of the meeting was to discuss payment of money owed by CVC (the effective owners of ...

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