News Details

F1 teams 'open' to solution

Formula 1 may avoided a crisis after F1's smaller teams walked away from Thursday's meeting having agreed to look over a proposal from the Strategy Group. On Thursday, the 11 teams met with F1 chief Bernie Ecclestone and FIA president Jean Todt bosses at Biggin Hill airport in London. The meeting was called after F1's smaller teams wrote a strongly worded letter to Todt having been told that the sport's Strategy Group - comprising Red Bull, Ferrari, McLaren, Mercedes, Lotus and Williams - had put the brakes on a budget cap. In the letter, the teams stated that the Strategy Group may have breached Europe's competition laws leading to reports that the European Union was...
Full Story »
11y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Formula 1′s smaller teams want reassurance on...

Formula 1′s smaller teams want reassurance on cost cuts 30 April,...
11y ago from GrandPrix247.com

European Union may investigate Formula 1 business...

European Union may investigate Formula 1 business methods 28 April, 2014...
11y ago from GrandPrix247.com

Teams meet to discuss cost-cutting

Jean Todt's hopes of a cost cap were vetoed by the teams in the Strategy...
11y ago from espnF1.com

F1 to debate cost saving measures on Thursday

Formula 1 chiefs are hopeful that a raft of changes over the next three...
11y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi claims flag-to-flag Thai MotoGP...

Marco Bezzecchi delivered a commanding flag-to-flag victory for Aprilia...

Manuel Gonzalez prevails in twice red-flagged Thai...

Manuel Gonzalez earned the first victory of the 2026 Moto2 season in a...

Popular On IndyCarToday.com

IndyCar St. Petersburg – Qualifying Results

25 drivers of the NTT IndyCar Series took to the streets of St....
10h ago from MotorsportWeek.c...

Marcus Ericsson encouraged by Will Power’s input at...

Marcus Ericsson has a new team-mate this year in Will Power, and the...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal’s £75m summer transfer plan in jeopardy...

Arsenal are hoping to sign Newcastle United attacker Anthony Gordon at the...
1h ago from CaughtOffside.com

Building on the derby win as Chelsea visit

Morning. After a rare midweek off, we're back in action this afternoon as...
2h ago from Arseblog.com

Sources: Arsenal and Chelsea move for 60m Frenchman...

PSG’s rising star Senny Mayulu has hit a stalemate in contract extension...
3h ago from CaughtOffside.com

This 'unbelievable' star a better option than Sandro...

Former Arsenal star Anders Limpar has suggested that the Gunners don't...
20h ago from CaughtOffside.com

Comments

Hottest News

Meet the 2026 F1 race engineers

Find out who the 22 F1 race engineers are in the... Read More »
29m ago from RacingNews365.com

FIA confirms minor change to 2026 qualifying format

The fine margins of Formula 1 rarely leave room... Read More »
59m ago from F1i.com

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.