Bernie: We're going to lose venues

Bernie Ecclestone has warned some European countries that their grand prix faces the axe as he tries to make way for new venues.

With India set to make its Formula One debut next season, the calendar will be extended to 20 races, a number that Ecclestone has stated in the past he'd be happy with.

However, Moscow and New York are both looking for a place on the calendar, with 2012 and 2013 being touted as possible dates for their debut seasons.

But in order to make space for the new grands prix, Ecclestone says he is going to have to cull some of the current European venues.

"We're going to lose some races for sure, there are some races we can afford to lose without too much problem," he told Autocar.

"I've spoken to the countries to see what we can come up with."

Source: Planet F1