News Details
FIA to tackle cost crisis after F1 teams collapse
With Caterham and Marussia in the throes of oblivion, the FIA has admitted it is concerned about the financial situation in Formula 1.
It is believed the next most endangered team on the grid is the Swiss privateer Sauber, whose boss and co-owner Monisha Kaltenborn sounded furious as she spoke to media on Thursday.
'I think the worst part is that we're damaging the sport with this so much that I think the owners of the product of the sport should think what they're doing here,' she said.
Kaltenborn insisted that with billions flowing into Formula 1's commercial coffers, it is unacceptable that the sport is 'not capable' of keeping 11 teams alive, 'Now you try to explain that to somebody.'...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Haas: Caterham and Marussia made a lot of mistakes
Gene Haas determined to succeed in F1
As Formula 1's two backmarker teams...
10y ago from GrandPrix247.com
Sutil: 18 car grid 'not enough'
Sauber F1 Team
Sauber driver Adrian Sutil says that the demise of...
10y ago from F1Zone.net
Sauber 'disturbed' by state of F1
Sutton Images Enlarge Sauber team principal Monisha Kaltenborn says the...
10y ago from espnF1.com
Swiss company proposes to airlift crashed F1 cars
The Swiss helicopter company Air Zermatt has proposed to remove stranded...
10y ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
23h ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
1d ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
2d ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou claims FOX’s investment will be...
No description available...
14h ago from Motorsport.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
17h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
5d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
2d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
2d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'It was more for them that I persevered' - Chelsea new...
New Chelsea signing Willian Estevao has stated that his biggest motivation...
1h ago from SportsKeeda.com
Arsenal in action this evening + Gyokeres, Madueke,...
Morning. There's Arsenal action this evening as we take on Villarreal at...
3h ago from Arseblog.com
Report: Arsenal have second bid rejected for forward,...
Arsenal are continuing their search for a new striker to add to the club...
15h ago from FreshArsenal.com
Liverpool interested in signing 20-year-old star...
Liverpool have been linked with a potential move for Arsenal target Jeremy...
20h ago from SportsKeeda.com
Comments
Hottest News
Cora Schumacher only keeping name ‘for money'
Aug.6 Cora Schumacher has admitted she's keeping... Read More »
2h ago from OneStopStrategy.com
F1: Mercedes ditches upgrade
Mercedes has decided to do away with the rear... Read More »
54m ago from Pitpass.com
Breaking: Alpine deliver Franco Colapinto medical update...
Franco Colapinto is driving today for Alpine in... Read More »
33m ago from RacingNews365.com