News Details
FIA study shows Formula 1 costs could be halved
A study commissioned by the FIA, the sport's governing body, reportedly shows that costs in Formula 1could be halved without hurting the socalled show. With Caterham and Marussia ailing and even better-funded midfielders struggling financially, it emerged on Tuesday that New York-based McKinsey and Company, a multinational consulting firm, recently examined the finances of nine F1 teams at the behest of the governing body. In its findings, revealed by Germany's Auto Motor und Sport, McKinsey has proposed new cost-cutting measures that could help teams like Force India, Sauber and Lotus – with budgets in the range of $120-$200 million – to survive and thrive. Focusing on a $120m...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
F1 struggles hurt Ferrari brand power – study
On-track struggles in formula one have hurt fabled Ferrari's brand power,...
10y ago from ThisIsF1.com
Failure in F1 has negative impact on Ferrari brand
On-track struggles in Formula 1 have hurt Ferrari's legendary brand...
10y ago from GrandPrix247.com
F1 struggles hurt Ferrari brand power?
On-track struggles in formula one have hurt fabled Ferrari's brand power,...
10y ago from GrandPrix.com
F1 Commission to consider future on Tuesday
F1 will round another corner to the future on Tuesday. Writing for...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin makes progress in track comeback while...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia edges past Marc Marquez's pace in...
No description available...
3h ago from Motorsport.com
Franco Morbidelli fastest in timed Qatar MotoGP...
Franco Morbidelli continued his upturn in form by topping the timed...
6h ago from MotorsportWeek.c...
2026 Motorsports Hall of Fame class welcomes Dale...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Power speeds to top in IndyCar Long Beach practice
Following a couple week break, the NTT IndyCar Series returned to action...
43m ago from MotorsportWeek.c...
Iowa Speedway’s IndyCar weekend gains new sponsorship
Iowa Speedway has announced a new title partner for the 2025 IndyCar...
1d ago from MotorsportWeek.c...
Indy 500 veteran and NASCAR team owner Shigeaki...
Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...
4d ago from MotorsportWeek.c...
Long Beach weekend ‘crucial’ for Kyle Kirkwood’s...
Kyle Kirkwood is returning to the scene of his first IndyCar win this...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
3d ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
6d ago from TheGuardian.com
Popular On GunnersToday.com
Mikel Arteta hails Declan Rice for ignoring Arsenal...
t;li>Rice scored two free-kicks against Real MadridNicolas Jover had...
3h ago from TheGuardian.com
'I’m not giving up on that tie' - Spain boss Luis De...
Spain manager Luis De La Fuente has thrown his weight behind Real Madrid...
4h ago from SportsKeeda.com
Premier League GW32 predictions: Liverpool to return...
Sports Mole takes on James Hallam - frontman of Sheffield indie-rock band...
6h ago from SportsMole.co.uk
Arsenal boss Mikel Arteta confirms Gunners star could...
Arsenal head coach Mikel Arteta refuses to rule out the possibility of Kai...
6h ago from SportsMole.co.uk
Comments
Hottest News
F1 2025 Bahrain Grand Prix – FP2 Results
Oscar Piastri set the fastest lap time in the... Read More »
8h ago from MotorsportWeek.com
Hamilton issues verdict on major Ferrari F1 upgrade
Ferrari introduced a brand new floor in Bahrain... Read More »
6h ago from RacingNews365.com
FIA announce Red Bull penalty verdict as star delivers...
The FIA have announced a penalty verdict for a... Read More »
2h ago from GPFans.com
