Formula One team bosses along with chief executive Bernie Ecclestone met in Geneva, Switzerland on Thursday (December 18) to discuss major issues within the sport.

One of the most likely topics is expected to be the funding of the teams, following the demise of the Marussia team in 2014 and the financial difficulties of the Caterham team which entered administration in October and was unable to complete the season.

The Lotus team also struggled throughout the season, finishing eighth and scoring just ten points, and team chairman Gerard Lopez said that he hoped some changes could be implemented to help the smaller teams continue in 2015.