News Details
Cost cut plans from teams 'a joke' – Todt
FIA president Jean Todt has branded cost cutting proposals put forward by Formula 1′s biggest teams 'a joke'.
Earlier in the year, the F1 Strategy Group – compromising of Red Bull Racing, Mercedes, Ferrari, Lotus, McLaren and Williams – decided to scrap Todt's plan to introduce a cost cap in 2015.
After the smaller outfits – Force India, Sauber, Marussia and Caterham – wrote a letter to the sport's governing body suggesting an abuse of power from the Strategy Group, Todt organised a crisis meeting with all 11 teams on May 1st and asked them to come up with cost-cutting suggestions.
Talking to media over the Spanish Grand Prix weekend, Todt said F1 needs to...
Full Story »
Full Story »
11y ago from RichlandF1.com
0
You May Also Be Interested In...
Teams insist cost cap is not dead
Sahara Force India
Several Formula 1 team principals have insisted that...
11y ago from F1Zone.net
Todt blasts teams over 'joke' cost cut proposals
FIA president Jean Todt has called the suggestions to reduce spending put...
11y ago from TheF1Times.com
Teams must agree to cost-cutting rules - Todt
May 7, 2014 .- Jean Todt insists his hands are tied after F1's most...
11y ago from F1Plus.com
Small teams pushing mid-season car development freeze
Formula 1′s smaller teams are pushing a mid-season development...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
39m ago from MotorsportWeek.c...
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
1h ago from Motorsport.com
Marc Marquez triumphs to take Assen MotoGP race victory
Marc Marquez fended off race long pressure from Marco Bezzecchi to take...
2h ago from MotorsportWeek.c...
MotoGP Dutch GP: Marc Marquez soaks up the pressure as...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
1d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
2d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
4d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
2h ago from MotorsportWeek.c...
What was behind the WRC Acropolis retirement that...
No description available...
6h ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
2h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
3h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal reach personal terms agreement with LaLiga...
Arsenal have reportedly agreed personal terms with Valencia defender...
2h ago from SportsKeeda.com
Manchester United will have just 2 weeks to decide if...
Manchester United will only have two weeks to make a decision on their...
3h ago from SportsKeeda.com
Barcelona Transfer News Roundup: Arsenal eyeing LaLiga...
Barcelona are preparing to upgrade their squad despite a near-flawless...
3h ago from SportsKeeda.com
Arsenal switch attention towards one of the fastest...
Arsenal wanted to sign Nico Williams during the summer transfer window,...
6h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Austrian Grand Prix – Race Results
Lando Norris wins the 2025 F1 Austrian Grand... Read More »
28m ago from MotorsportWeek.com
Max Verstappen OUT of Austrian Grand Prix as Red Bull star...
F1 champion Max Verstappen has been ruled out of... Read More »
1h ago from GPFans.com
Verstappen taken out of the Austrian GP by Antonelli
Max Verstappen was dealt a huge blow to his... Read More »
39m ago from GrandPrix247.com
