News Details

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that it would be too hard to enforce a cost cap in F1 are “absolute rubbish”. FIA president Jean Todt said in Bahrain that the proposed cost cap for the sport was no longer set to happen because the six teams on the Strategy Group – Red Bull, Ferrari, Mercedes, McLaren, Lotus and Williams – were now opposed to the idea. As a result, the remaining teams except Toro Rosso wrote to Todt expressing concern over the development and the overall governance of the sport. Lowdon says there are a number of other global sports which have proven there are ways of successfully introducing financial rules to help safeguard the...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Teams set for emergency talks over costs

The F1 teams are set to have showdown talks on May 1 about the proposed...
11y ago from Crash.net

Marussia: We have arrived here with a couple of issues

t">Max Chilton Cool conditions greeted the teams at the Shanghai...
11y ago from GrandPrix247.com

Boullier: No reason for McLaren to panic

– McLaren Sporting Director Eric Boullier has said there is no...
11y ago from GPUpdate.net

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1...
11y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu: MotoGP's newest superstar

On one fateful day, June 10, 2025, news finally broke that would mark one...

Popular On IndyCarToday.com

Tim Cindric returns to Penske in race strategist role

Team Penske has announced the strategist line-up for its 2026 IndyCar...
14h ago from MotorsportWeek.c...

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal rival Liverpool & Man Utd for potential...

Arsenal are reportedly the latest club in the mix for the potential...
1h ago from CaughtOffside.com

Mikel Arteta confirms Arsenal star who makes teammates...

Arsenal boss Mikel Arteta has said that attacker Kai Havertz is in...
22m ago from SportsKeeda.com

'I'm talking with…' – Tottenham transfer...

Tottenham have an interest in signing Bayern Munich winger and former...
12m ago from CaughtOffside.com

Fabrizio Romano says Arsenal star flying out today to...

Arsenal left-back Oleksandr Zinchenko is reportedly flying out today to...
2h ago from CaughtOffside.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.