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 »
11y 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...
11y ago from F1Zone.net

Mosley warns F1 could lose more teams

Marussia F1 Team Former FIA President Max Mosley has warned that Formula...
11y ago from F1Zone.net

Sutil expects costs reaction

Sauber's Adrian Sutil has expressed surprise that it took so long for...
11y ago from SkySports.com

Mosley says F1 could lose more teams

– Former FIA President Max Mosley says Marussia and Caterham...
11y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alexander Rossi fastest as rain disrupts second...

The NTT IndyCar Series completed the second and final day of testing at...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Saka becomes Arsenal's best-paid player after signing...

Bukayo Saka has signed a new four-year contract at Arsenal that makes him...
57m ago from SkySports.com

'Incredible' manager tipped to replace Arteta at...

Former Arsenal midfielder Emmanuel Petit believes Como boss Cesc Fabregas...
1h ago from CaughtOffside.com

Report: Man Utd have discussed £95m Liverpool...

Manchester United have reportedly had some internal discussions about the...
1h ago from CaughtOffside.com

Paul Merson predicts Tottenham vs Arsenal, Manchester...

The Premier League title race is in Manchester City's hands now! If they...
2h ago from SportsKeeda.com

Comments

Hottest News

F1 Testing Results: Bahrain timesheets as Lewis Hamilton...

Lewis Hamilton's second day of F1 testing at the... Read More »
5h ago from GPFans.com

F1: Wolff hits out at accusations

Toto Wolff describes latest accusations against... Read More »
1h ago from Pitpass.com

F1TECH: Ferrari debut innovative wing for the SF26's...

Ferrari’s SF‑26 has already become one of the... Read More »
57m ago from F1Technical.net

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.