News Details

FIA calls for Formula 1 to cut costs

+ The FIA says the current financial plight of the Caterham and Marussia teams prove it was right to push for cost-cutting measures earlier this season. FIA president Jean Todt abandoned his proposal for a cost cap earlier this year when it became clear that he would not be able to gather the support needed from Formula 1 teams yo introduce such a measure. With both Caterham and Marussia slipping into administration in recent weeks, just 18 cars will start the United States Grand Prix, a situation the FIA says it tried to avoid. “The FIA has been informed of the financial difficulties of the Caterham F1 and Marussia F1 Teams and of the considerable uncertainty surrounding their...
Full Story »
10y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

FIA urges Formula 1 to cut costs

Williams Martini Racing The FIA says that the absence of Marussia and...
10y ago from F1Zone.net

Mosley warns F1 could lose more teams

Marussia F1 Team Former FIA President Max Mosley has warned that Formula...
10y ago from F1Zone.net

Sutil expects costs reaction

Sauber's Adrian Sutil has expressed surprise that it took so long for...
10y ago from SkySports.com

Mosley says F1 could lose more teams

– Former FIA President Max Mosley says Marussia and Caterham...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Detroit – Qualifying Results

27 drivers took to the streets of Detroit in order to set the fastest...
18h ago from MotorsportWeek.c...

Street course master Colton Herta takes IndyCar pole...

Saturday afternoon on the streets of Detroit was reserved for IndyCar...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Chelsea, Arsenal face stumbling block in their pursuit...

German international attacker Leroy Sane has been linked with a return to...
51m ago from CaughtOffside.com

Arsenal handed major boost in Viktor Gyokeres transfer...

Arsenal are handed a major boost in their efforts to sign Viktor Gyokeres,...
1h ago from SportsMole.co.uk

Premier League transfer window 2025: When does it...

Sports Mole provides a complete guide to the 2025 summer transfer window,...
2h ago from SportsMole.co.uk

Man United transfer news: Red Devils 'lay eyes' on...

Manchester United add a 20-year-old Brighton & Hove Albion attacker to...
31m 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.