News Details

FIA summons F1 teams to cost cutting meeting

The FIA has called an urgent meeting to discuss ways to reduce costs in Formula 1 following a World Motor Sport Council meeting on Friday. The governing body will meet with Bernie Ecclestone and representatives from all 11 teams on May 1st in a bid to agree on several measures to bring costs down, after the FIA abandoned attempts to introduce a budget cap for 2015. The decision to drop the budget cap has been met with some criticism from smaller teams which are struggling to compete with those larger outfits which are against the idea. However the FIA hopes to find alternative ways of making F1 more affordable. "The FIA, the Commercial Rights Holder (CRH), and all the F1 teams have...
Full Story »
11y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Cost reduction through rules sought as F1 cost cap...

Cost reduction through rules sought as F1 cost cap unlikely to happen 7...
11y ago from GrandPrix247.com

Formula 1 must be attractive - Williams

Mercedes AMG Petronas Formula 1 must remain attractive to potential new...
11y ago from F1Zone.net

WMSC meets in Morocco

At its meeting in Marrakech, the FIA WMSC agreed a study on F1 engine...
11y ago from Pitpass.com

FIA: Teams still committed to cost reduction

The FIA has insisted the teams in F1 remain committed to 'cost...
11y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

'It's a bit too hectic at times' | Odegaard shares his...

Martin Odegaard shares his thoughts at half-time at Old Trafford after...
1h ago from SkySports.com

Video: Riccardo Calafiori gives Arsenal the lead vs...

Riccardo Calafiori has scored Arsenal's first goal of the new Premier...
1h ago from CaughtOffside.com

'Sub him off at half time', 'Only downside' - Arsenal...

Arsenal fans on X (formerly Twitter) are furious with Mikel Arteta for...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.