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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...
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10y ago from RichlandF1.com 0
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