News Details
Formula 1 abandons cost-cutting plans
– Formula 1's plans for a cost cap from 2015 have been scrapped, according to FIA President Jean Todt. The governing body announced in December of last year that it intended to introduce cost-cutting measures from next season, and it hoped that full agreement over its implementation would be agreed by June 2014. But Todt, attending his first Grand Prix of the season in Bahrain, revealed that the six teams on Formula 1's Strategy Group – Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus – are now against the idea. "Most of the teams were in favour of the cost cap, but I understand that all the teams that are part of the Strategy Group are against it now," Todt...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
FIA to abandon cost cap plans - Todt
Mercedes AMG Petronas
The FIA has abandoned plans to introduce a cost cap...
10y ago from F1Zone.net
Todt: The F1 turbo rules were agreed five years ago,...
Jean Todt with Matteo Bonciani, Helmut Marko and Christian Horner in...
10y ago from GrandPrix247.com
Todt resists demand for rule changes
FIA president Jean Todt says Formula 1 will improve the sound of its new...
10y ago from BBC.co.uk
Formula 1 heading for 150-million says Todt
Formula 1 heading for 150-million says Todt 4 April, 2014 It appears that...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales: ‘I’d already be MotoGP...
Maverick Vinales believes he would have already become a MotoGP world...
1h ago from MotorsportWeek.c...
The steps KTM is taking to protect its MotoGP division...
No description available...
22h ago from Motorsport.com
Joan Mir: Honda didn't gain any ‘advantage' from...
Factory Honda rider Joan Mir believes the MotoGP concessions system...
1d ago from MotorsportWeek.c...
Di Giannantonio will try to “annoy” Marquez and...
No description available...
1w ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar considering Denver and Mexico races for future...
No description available...
20h ago from Motorsport.com
The spotlight is now on IndyCar, Indy NXT as both...
No description available...
20h ago from Motorsport.com
Conor Daly finally returns full time for 2025 with...
No description available...
20h ago from Motorsport.com
How IndyCar's biggest trophy was still made in the...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Loeb next to suffer rollover in merciless Dakar Rally
No description available...
5h ago from Motorsport.com
Dakar 2025, Stage 3: Toyota stays dominant as Lategan...
No description available...
2h ago from Motorsport.com
Sainz forced out of Dakar Rally due to damaged car
No description available...
19h ago from Motorsport.com
Baciuska promoted to Dakar Stage 2 win; storm forces...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Tonali: 'Dream' to end trophy drought for Newcastle...
Sandro Tonali is expecting a 'tough' Carabao Cup semi-final clash against...
2h ago from SkySports.com
'A top player' – Mikel Arteta speaks out on...
Arsenal manager Mikel Arteta has spoken out on Newcastle United striker...
1h ago from CaughtOffside.com
Arsenal vs. Newcastle preview: 'Rivalry' renewed in...
Arsenal expert Charles Watts tells Sports Mole that the Gunners' EFL Cup...
1h ago from SportsMole.co.uk
“Usually, he would go crazy” - Pierre-Emerick...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Ferrari set for ‘intense' F1 livery revamp for Lewis...
Ferrari is set to go for an "intense shade... Read More »
1h ago from MotorsportWeek.com
Sky commentator Brundle fumes at X-boss Elon Musk: 'He's a...
Martin Brundle is not the type to have a... Read More »
3h ago from GPBlog.com
Newey facing ‘two months behind the curve’ start at...
Adrian Newey, widely regarded as one of Formula... Read More »
1h ago from F1i.com
