Bernie Ecclestone has sided with Sebastian Vettel rather than reigning world champion Lewis Hamilton over the current state of Formula 1.
Ferrari's Vettel declared last week that F1 is no longer "about the sport and which driver is the fastest" amid the new era of "far too complex" technical regulations.
The quadruple world champion added: "The dominance of Mercedes has taken away the excitement for many fans".
Hamilton, the reigning triple world champion who with Mercedes has dominated the controversial 'power unit' era so far, hit back at Vettel.
"It's pretty funny because he had four years of it and I've only had two," he told Sky Sports News. "Until I get to his level I won't have bored them as much as he had!"
However, F1 supremo Ecclestone appears to agree entirely with Vettel, pointing the finger directly at teams like Mercedes who are reluctant to agree to sweeping rule changes for 2017.
Ecclestone also said there is "no chance" F1 teams will meet the March 1 deadline to agree to sweeping 2017 changes.
"Most of the participants are only thinking about what's good for them in the short term," he told the Daily Mail. "Long term for most of those people is two or three races.
"The result is that Formula 1 is the worst it has ever been. I wouldn't spend my money to take my family to watch a race. No way.
"What's the point when you pretty much know - and the bookmakers know, and they're not stupid - that Lewis Hamilton will probably put the car on pole and more likely than not win the race, and the other Mercedes will be on the podium?"
The 2016 calendar gets underway with the Australian Grand Prix on March 20.