News Details

Formula 1′s smaller teams want reassurance on cost cuts

Formula 1′s smaller teams want reassurance on cost cuts 30 April, 2014 Formula 1′s cash-strapped smaller teams want to see real evidence that the sport is fighting for their survival when bosses meet on Thursday to discuss how to proceed after scrapping plans to impose a cost cap. The meeting, at Biggin Hill airfield south of London, has been called by the governing International Automobile Federation (FIA) to 'clarify the means to achieve a substantial F1 team cost reduction'. All 11 teams, the FIA and commercial supremo Bernie Ecclestone are due to attend. It comes in response to a letter from Sauber, Force India, Caterham and Marussia that angrily questioned the decision to...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Cost cap a losing battle - Wolff

Toto Wolff thinks there are too many "loopholes" in a budget...
10y ago from espnF1.com

Wolff offers hope to the smaller teams

Despite the scrapping of a budget cap, Head of Mercedes-Benz Motorsport,...
10y ago from Pitpass.com

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that...
10y ago from Crash.net

Exclusive: Will the new Concorde Agreement survive...

In 2001 the FIA gave undertakings to the European Commission about its...
10y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Robert Shwartzman announced for PREMA’s second...

PREMA has announced that Robert Shwartzman will pilot one of the two cars...

Enzo Fittipaldi to run IndyCar test with McLaren later...

Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...

Popular On TotalWRC.com

WRC set to drop hybrid power in 2025

No description available...
2d ago from Motorsport.com

A Farewell Message from The Checkered Flag

After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...

Popular On GunnersToday.com

Injuries, bad luck and a reliance on Odegaard: What's...

Mikel Arteta described Arsenal's performance away at Inter Milan in the...
51m ago from SkySports.com

England squad confirmed: The winners and losers from...

England confirm a 26-man squad for their Nations League matches with...
21m ago from SportsMole.co.uk

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.