News Details

F1 spending levels can't continue, warns Tost

 XPB Images Toro Rosso team principal Franz Tost has warned the current level of spending in F1 can't continue, and claims a cost cap wouldn't work are "nonsense". HRT, Caterham and Marussia have all gone into administration over the past five years in F1, with the latter returning as Manor at the start of 2015. Sauber, Lotus - now Renault - and Force India have all had financial concerns in that time, and Tost says the biggest teams will soon feel costs are unsustainable. "We need to reduce the costs," Tost said in an interview with Tiroler Tageszeitung. "It shouldn't be that a team spends 450 million a year. On the other hand, we bargain for a few...
Full Story »
8y ago from F1i.com 0
Share

You May Also Be Interested In...

‘Too early’ to promote Wehrlein - Tost

 XPB Images Toro Rosso team principal Franz Tost believes it...
8y ago from F1i.com

Toro Rosso F1 boss wants more races overseas

 XPB Images Toro Rosso team principal Franz Tost says Formula...
8y ago from F1i.com

Tost: We spend far too much money in Formula 1

  Toro Rosso team principal Franz Tost is adamant that Formula 1 has...
8y ago from GrandPrix247.com

Too many F1 races held in Europe

Toro Rosso team principal Franz Tost feels that too many races on the...
8y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Kevin Schwantz: ‘Nothing but gains to be had'...

1993 500cc champion Kevin Schwantz believes the potential Liberty Media...

Aleix Espargaro receives Honda MotoGP wildcard for...

Honda has confirmed that its test rider Aleix Espargaro will receive a...

Popular On IndyCarToday.com

Tony Kanaan cleared as Indy 500 backup driver by...

On Thursday morning at Indianapolis Motor Speedway, Tony Kanaan completed...

Alex Palou dodges rain to set fastest time of Indy 500...

The morning hours of Wednesday at Indianapolis Motor Speedway brought...
23h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Leandro Trossard: Arsenal risk repeating...

Arsenal expert Charles Watts warns the Gunners against handing Leandro...
1h ago from SportsMole.co.uk

Arsenal reach ‘verbal agreement' to sign £22m...

Arsenal are making moves in the transfer market as they pursue a young...
1h ago from FreshArsenal.com

Man United 'learn asking price' for centre-back...

Manchester United allegedly learn that they will have to come up with an...
4h ago from SportsMole.co.uk

Man United 'on verge' of securing £67m transfer as...

Manchester United are reportedly set to beat Arsenal to the signature of...
4h ago from SportsMole.co.uk

Comments

Hottest News

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.