Brown said: “Could I see – through what is going on right now in the world if we don’t tackle this situation head on very aggressively – two teams disappearing? Yeah. In fact, I could see four teams disappearing if this isn’t handled the right way.
“And then, given how long it takes to ramp up an F1 team, and given the economic and health crisis we are in right now, to think there would be people lined up to take over those teams like there has historically been… I don’t think the timing could be worse from that standpoint. So I think F1 is in a very fragile state at the moment.”
The enforcement of regulation changes aimed at making F1 more competitive from 2021 has now been pushed back to 2022 to help cut costs.
Talks are also underway to substantially reduce the budget cap, which would help bridge the gulf between F1’s top three teams and their rivals.