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Leaked F1 cost cutting proposals cause a stir

The engines may never fire on two Formula 1 cost-cutting proposals that have leaked to media from this week's strategy group meeting. The first proposal, reportedly carried through a majority vote, is that a cap should be put on the cost of a ‘power unit' for customer teams. Currently, a team like Williams reportedly pays a supplier like Mercedes a cool EUR 25 million per season. The proposal is that the cost is slashed to just EUR 12 million. Rumours indicate that would mean an actual loss for Mercedes, with fellow engine supplier Ferrari reportedly strongly opposed to the proposal. So too is Mercedes. 'I have my opinion on fixing any price and there's a pretty simple legal view,'...
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10y ago from GrandPrix247.com 0
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