News Details
Formula 1 heading for 150-million says Todt
Formula 1 heading for 150-million says Todt 4 April, 2014 It appears that Formula 1 is heading towards a budget cap of 150 million per team for the 2015 season and beyond.
FIA president Jean Todt said he is confident the controversial new regulation will be agreed by June of this year, as the governing body aims to urgently bring down costs and keep struggling teams in business.
'If the teams don't want it, we won't do it,' he told Auto Motor und Sport. 'We do not have the mandate to do something against the will of the majority.'
'But from all of my discussions I conclude that the majority of the teams, the FIA and the rights owners do want this cost limitation,' revealed Todt.
Asked to...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Todt says Williams, Lotus and Sauber are struggling...
Jean Todt FIA president Jean Todt has named Williams as one of three...
11y ago from GrandPrix247.com
Coriina making arrangements to take Schumacher home
Coriina making arrangements to take Schumacher home 30 March, 2014...
11y ago from GrandPrix247.com
FIA confirm controversial fuel flow sensors will not...
FIA confirm controversial fuel flow sensors will not be scrapped 29...
11y ago from GrandPrix247.com
Todt denies favouring grand prix races in Middle East
Jean Todt with Bahrain Crown Prince Shaikh Salman bin Isa Hamad Al Khalifa...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez dominates opening Silverstone MotoGP...
Factory Ducati rider Marc Marquez dominated proceedings to top the...
3h ago from MotorsportWeek.c...
Francesco Bagnaia: Ducati needs to start again from...
No description available...
2h ago from Motorsport.com
Honda confirms it would like to snatch Jorge Martin...
No description available...
3h ago from Motorsport.com
Maverick Vinales ‘enjoying everything' in Tech3...
Tech3 KTM rider Maverick Vinales has explained in detail why he is...
2h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Larson challenges IndyCar drivers to try “the...
No description available...
15h ago from Motorsport.com
‘A shock and a pity:’ Penske drivers respond to...
The past five days have been adventurous for all the wrong reasons for...
20h ago from MotorsportWeek.c...
Josef Newgarden refuses to discuss Penske’s...
No description available...
20h ago from Motorsport.com
Prema Racing: Who are the 2025 Indy 500 polesitters?
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
WRC signs new deal to race in Portugal until at least...
No description available...
1d ago from Motorsport.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
4d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
5d ago from Motorsport.com
Sebastien Ogier laments “most demanding” rally...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea transfer news: Blues 'speed up negotiations'...
Chelsea are reportedly looking to secure a 60m (£50.34m) deal for an...
1h ago from SportsMole.co.uk
Arsenal lineup vs. Southampton: Predicted XI for...
Sports Mole takes an in-depth look at how Arsenal could line up for...
1h ago from SportsMole.co.uk
Southampton lineup vs. Arsenal: Predicted XI for...
Sports Mole takes an in-depth look at how Southampton could line up for...
1h ago from SportsMole.co.uk
Preview: Southampton vs. Arsenal - prediction, team...
Sports Mole previews Sunday's Premier League clash between Southampton and...
1h ago from SportsMole.co.uk
Comments
Hottest News
F1 2025 Monaco Grand Prix – FP1 Results
Ferrari’s Charles Leclerc tops the timing... Read More »
2h ago from MotorsportWeek.com
F1 Results Today: Lewis Hamilton in scary incident as crash...
Lewis Hamilton was involved in a scary crash... Read More »
2h ago from GPFans.com
LIVE: 2025 F1 Monaco Grand Prix - Free Practice 1
Follow along with live coverage of Free Practice... Read More »
4h ago from RacingNews365.com
