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 »
12y 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...
12y 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...
12y ago from GrandPrix247.com

Boullier: No reason for McLaren to panic

– McLaren Sporting Director Eric Boullier has said there is no...
12y 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...
12y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal make contact for 80m attacker as battle with...

William Gomes has been linked with a move away from Porto in recent weeks,...
2h ago from CaughtOffside.com

'I already knew how to do the rest' - Ex-Manchester...

Former Manchester United star Antony has opened up on the advice he got...
6h ago from SportsKeeda.com

Bayern Munich ready to avoid Arsenal gamble, confirms...

Bayern Munich reportedly still have Gabriel Martinelli on their transfer...
8h ago from CaughtOffside.com

Just in: Mourinho requests Perez to sign £80m player...

Mateus Fernandes is quickly becoming one of the most in-demand midfielders...
7h 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.