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
What riders are back on the MotoGP grid for Czech GP?
No description available...
3h ago from Motorsport.com
Fabio Quartararo bemoans Yamaha’s ‘zero...
Fabio Quartararo admits his Yamaha currently has “zero potential”...
8h ago from MotorsportWeek.c...
German GP signs deal to remain on MotoGP calendar...
The organisers of the German GP have announced that the race will remain...
9h ago from MotorsportWeek.c...
Marc Marquez: ‘I prefer to be pessimistic’ about...
Marc Marquez admits he prefers to be “pessimistic” over his chances...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Why it isn’t “unrealistic” for Alex Palou to...
No description available...
1h ago from Motorsport.com
Ed Carpenter Racing to build new IndyCar headquarters...
Ed Carpenter Racing announced on Tuesday that it will begin building a...
4h ago from MotorsportWeek.c...
Alex Palou opens ‘all the options’ in Ganassi’s...
Alex Palou won his seventh IndyCar race of the season on Sunday,...
1d ago from MotorsportWeek.c...
Juncos Racing truck catches fire on the way back from...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why it isn’t “unrealistic” for Alex Palou to...
No description available...
1h ago from Motorsport.com
The winners and losers from F1's aerodynamic testing...
No description available...
3h ago from Motorsport.com
Katherine Legge adds Brickyard 400 to 2025 NASCAR...
No description available...
3h ago from Motorsport.com
What riders are back on MotoGP grid for Czech GP?
No description available...
3h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: 'Nwaneri contract talks enter final...
No description available...
25m ago from SkySports.com
“I am flabbergasted by Arsenal signing of him' -...
Paul Merson has slammed Arsenal for agreeing a deal to sign Noni Madueke...
2h ago from SportsKeeda.com
Super-agent working to bring 'most gifted' Arsenal...
Rodrygo Goes continues to be linked with a move away from Real Madrid, and...
4h ago from CaughtOffside.com
“Viktor Gyokeres is at a big club already” - Roy...
Former Crystal Palace manager Roy Hodgson has hailed Viktor Gyokeres ahead...
7h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Shock Aston Martin exit to open door for...
George Russell's long-term F1 future with... Read More »
14h ago from GPFans.com
F1 fans FUME as £3,400 Lewis Hamilton merch drops
F1 fans have taken to social media to vent their... Read More »
2h ago from GPFans.com
Lewis Hamilton 'ABSENT' as Ferrari conduct major test
Lewis Hamilton will miss a major test with... Read More »
1h ago from GPFans.com
