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Kaltenborn urges financial overhaul
Sauber team principal Monisha Kaltenborn has said Formula 1 needs to make drastic changes to address its serious financial issues. Both Marussia and Caterham went into administration this month and will not take part in Sunday's US Grand Prix. This comes after the FIA abandoned plans for a budget cap for 2015 after failing to get support from F1 teams. 'What we need - and we have been saying for so long - is to get the figures right in the sport,' said Kaltenborn. 'I'm beyond the stage of frustration. It's one thing to just talk about this terrible scenario that some teams are not going to be there, but for the people responsible for the sport to have let it come this far is extremely...
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