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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...
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8y ago from F1i.com 0
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