Boycott at U.S. Grand Prix illustrates larger divisions in Formula One

The teams also want a bigger cut.

Formula One teams have complained that Ecclestone shares too little of the sport's commercial rights income, which was estimated at $800 million in 2003. Teams receive about 23 percent. Ecclestone has amassed a fortune estimated at $3.7 billion in three decades of running F1.

Joie Chitwood, CEO and president of the Indianapolis Motor Speedway, called Sunday's fiasco in Indianapolis a dark day for the sport.

"Obviously, we are as disappointed over this event as anything that we've had in our history," he said.

Asked how it would affect F1's future in the U.S, he replied: "I would say it is a major setback."

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