News Details

Budget cap alone won't solve F1's high costs - Todt

Formula 1 cannot just rely on a budget cap to sufficiently bring down costs in the championship, reckons FIA president Jean Todt. Although a defined limit on team spending is being pursued by F1’s owners as a key change for the future, Todt believes it would be a mistake to rely on it exclusively as a means of controlling expenditure. He thinks that a cost cap must go hand-in-hand with other regulations that help make F1 cheaper, otherwise there is a risk of the concept failing. “We have been talking about cost control/cost cap for a while,” said Todt. “I believe it is a good move, but for me it has to be a combination. “We need to make regulations which will have some impact on...
Full Story »
8y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Cosworth would require manufacturer backing for 2021...

Cosworth won't be developing an engine for the 2021 Formula 1...
8y ago from MotorsportWeek.com

Vasseur and Todt hail F1's amazing young talent pool

Sauber boss Fred Vasseur and driver manager Nicolas Todt believe F1 has...
8y ago from F1i.com

Aston Martin's Palmer backs Todt's 'global engine' idea

Aston Martin CEO Andy Palmer believes Jean Todt's idea of a 'global...
8y ago from F1i.com

Alfa Romeo Sauber 2018 F1 Car Concept Design

Alfa Romeo’s return to the Formula 1 for the first time since the...
8y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Guenther Steiner: MotoGP riders ‘need to be of a...

Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Andretti confirmed to field just three cars for Indy...

Andretti Global has confirmed that the team will only run three cars in...

Toby Sowery joins AJ Foyt Racing in IndyCar reserve...

AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...

Feature: RLL’s split fortunes in Barber highlight...

At the most recent IndyCar race from Barber Motorsports Park, Graham...

Popular On TotalWRC.com

Oliver Solberg out of Croatia Rally (for now)

Friday: Oliver Solberg crashed out of Rally Croatia about four km into...

Elfyn Evans out of Croatia – SS3

Croatia’s Friday stages were all new. With a 16 second lead going into...

Popular On GunnersToday.com

Man United receive major boost to replace Luke Shaw...

Manchester United’s left-back curse is a tale as old as time. With the...
1h ago from CaughtOffside.com

Man United, Arsenal and PSG ready for summer...

According to Sky Sports, Manchester United, Arsenal, Chelsea, and French...
1h ago from CaughtOffside.com

Arsenal vs Bournemouth team news LIVE!

No description available...
13m ago from SkySports.com

Arsenal v Bournemouth: Premier League – live

️ Premier League news from the 12.30pm BST kick-off<br>⚽️...
13m ago from TheGuardian.com

Comments

Hottest News

LIVE: NLS Race 3 at the Nurburgring

Follow all the action live from the Nurburgring... Read More »
53m ago from RacingNews365.com

Todt rewrites Schumacher’s history with shock admission.

Jean Todt, the man who stood as the iron-willed... Read More »
23m ago from F1i.com

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.