Ecclestone hits out at Caterham’s crowdfunding project

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Bernie Ecclestone has hit out at Caterham’s attempt to try and make the grid for the Abu Dhabi Grand Prix in two weeks’ time through a crowdfunding project, telling reporters in Brazil that it is a “disaster”.

After entering administration following the Russian Grand Prix, Caterham confirmed that it would not be racing in either the United States or Brazil, but was still hoping to feature at the final race of the year in Abu Dhabi.

Yesterday, the administrators launched a crowdfunding project called “Refuel Caterham F1” in a bid to raise $3.7m in the next week and ensure that the team could race at Yas Marina.

In return for donations, fans can choose from a variety of benefits, with over 20% of the target being raised in the first 24 hours of the project launching.

However, Ecclestone has hit out at the idea, telling a number of outlets including Reuters that he thought the idea was a terrible one.

“I think it’s a disaster,” Ecclestone said. “We don’t want begging bowls. If people can’t afford to be in Formula 1, they have to find something else to do.

“If I sit in a poker game and I can’t afford to be there with the other people, I get killed and have to leave.”

Should Caterham manage to reach the grid in Abu Dhabi, it could secure the team a $40m windfall following the closure of Marussia F1 Team on Friday.

Although Marussia does rank ninth in the constructors’ championship, it will give up its position by not seeing out the season. Caterham would face a similar fate if it does not race again this year, but should it start under the lights at Yas Marina, it would automatically move up to P10 in the constructors’ championship and secure the prize money that comes with it.

You can find out more about Caterham’s crowdfunding project by clicking here.

Ken Roczen signs with HEP Progressive Ecstar Suzuki for 2023

Roczen Progressive Ecstar Suzuki
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ANAHEIM, California – Ken Roczen will make the move from HRC Honda to H.E.P. Motorsports with the Progressive Ecstar Suzuki team, ending a long and eventful offseason that saw his split from his longstanding team after he committed to running World Supercross (WSX).

“H.E.P. Motorsports is thrilled to announce that the team has signed Ken Roczen as its premier rider for the 2023 season,” the team announced on Instagram. “Former AMA Motocross champion Roczen will be aboard a Suzuki RM-Z450. Roczen, who won his most recent championship on a Suzuki, will be reunited with the brand and bring his exciting style, determination, and grit back to the RM Army.

“Ken Roczen will compete in the upcoming 2023 Supercross and Motocross Championship series which is set to start on January 7 at Anaheim Stadium in Southern California.”

For Roczen, it is a return to the bike of his youth and on which he had some of his greatest professional success.

“This thing has been going on for weeks and weeks and weeks in the making, but there was so much uncertainty,” Roczen told NBC Sports during Monster Energy Supercross Media Sessions. “It was a very unique situation. I just finally signed two nights ago, so it’s really only legit once the ink hits the paper. It’s been in the works for a long time, but there were just a lot of questions and a lot of input from a lot of other teams too.

“Good things take time, and I’m okay with that. I grew up riding Suzuki. Ot’s like a homecoming. It’s a special feeling”

Roczen won the 2016 Lucas Oil Pro Motocross Championship on a Suzuki before making the move to Honda. That year he won nine of 12 Nationals and finished no worse than second as he easily outpaced Eli Tomac by 86 points. He finished third in his next Pro Motocross outing in 2018 after sitting out the outdoor season in 2017.

“I am beyond excited to reconnect with Suzuki for the 3rd time in my career. We’ve had a lot of success in the past and I’m looking forward to seeing what we can accomplish together in our future.” Roczen said in the Instagram post.