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Bernie Ecclestone's blueprint for fixing modern Formula One

As Liberty Media and the Formula One teams postpone agreement on the 2021 regulations until the end of October, Bernie Ecclestone has come up with a bold alternative. Compared to the complexity of what we have now, his proposal is straightforward.

As ever with the former F1 boss, however, his plan could be controversial -- but food for thought nevertheless. The aim, says Ecclestone, is to move F1 away from the current situation where one team has dominated every race so far, with people being turned off F1.

Ecclestone spoke exclusively to ESPN about how he would fix the sport he presided over for four decades.