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 »
10y 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...
10y ago from F1Zone.net
Todt blasts teams over 'joke' cost cut proposals
FIA president Jean Todt has called the suggestions to reduce spending put...
10y 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...
10y ago from F1Plus.com
Small teams pushing mid-season car development freeze
Formula 1′s smaller teams are pushing a mid-season development...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller: ‘I haven't met my expectations'...
Jack Miller believes 'I haven't met my expectations' as he assessed his...
3h ago from MotorsportWeek.c...
Vinales: If Yamaha had listened to me, I would already...
No description available...
3h ago from Motorsport.com
Marquez recommended Lorenzo to Honda to prevent Ducati...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How Foster proved a point and fulfilled a lifelong...
No description available...
3d ago from Motorsport.com
The spotlight now on IndyCar, Indy NXT as both series...
No description available...
4d ago from Motorsport.com
Sophia Floersch signs with HMD Motorsports for 2025...
No description available...
1w ago from Motorsport.com
Fading financial support pushes rising star...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
The Dacia/Prodrive innovation that is positively...
No description available...
2h ago from Motorsport.com
Rovanpera hopes circuit racing exploits can help 2025...
No description available...
1d ago from Motorsport.com
More events like Monza Rally Show would be “nice”...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos face...
No description available...
1h ago from SportsKeeda.com
Journalist claims star with 18 goals last season is...
RB Leipzig striker Benjamin Sesko has been linked with a move to the...
3h ago from CaughtOffside.com
'It was like he was built in a lab!' - Declan Rice...
No description available...
3h ago from SportsKeeda.com
Liverpool told to pay £50 million to sign Premier...
No description available...
4h ago from SportsKeeda.com
Comments
Hottest News
Race CANCELLED in shock update after unexpected twist
One of the final races on the 2024 motorsport... Read More »
2h ago from GPFans.com
Verstappen imposed 'psychological humiliation' on his...
Reflecting on the long season in 2024, Red Bull's... Read More »
56m ago from F1Technical.net
Legend to Legend: Jacky Ickx weighs in on Hamilton’s...
In the ever-evolving narrative of Formula 1,... Read More »
56m ago from F1i.com
