News Details

Budget-cap alone not enough to lower cost of F1 - Todt

FIA president Jean Todt says a budget-cap on its own would likely fail to lower the cost of F1, insisting policing and regulations are also necessary. As Formula 1's owners consider the introduction of a budget-cap in the near future to help teams reduce their costs of going racing, Todt favors the move, but says it must be supported by additional measures or run the risk of failing. "We have been talking about cost control/cost cap for a while," said the president of F1's governing body. "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 the actual costs. "To simply say we are going make a...
Full Story »
7y ago from F1i.com 0
Share

You May Also Be Interested In...

Todt: A cost cap alone will not work in F1

FIA president Jean Todt is adamant that a cost cap in Formula 1 will not...
7y ago from GrandPrix247.com

Todt: Budget cap alone will not be F1's saviour

FIA president Jean Todt has said the proposal to bring in a budget cap...
7y ago from PlanetF1.com

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

Formula 1 cannot just rely on a budget cap to sufficiently bring down...
7y ago from Motorsport.com

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

Aston Martin CEO Andy Palmer believes Jean Todt's idea of a 'global...
7y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Rinus VeeKay fills IndyCar’s last open seat with...

Dale Coyne Racing has announced that Rinus VeeKay will drive for the team...
10h ago from MotorsportWeek.c...

Doug Boles named IndyCar President in leadership...

The NTT IndyCar Series announced on Tuesday morning that longtime...

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Popular On TotalWRC.com

Elfyn Evans clings on to Rally Sweden lead

Elfyn Evans and Scott Martin lost the lead of Rally Sweden twice, once to...

Elfyn Evans leads Rally Sweden after Umeå sprint

In spite of running first on the road, Elfyn Evans and Scott Martin took...

Popular On GunnersToday.com

Arsenal's Myles Lewis-Skelly out to break Gael Clichy...

Arsenal defender Myles Lewis-Skelly could break a Gunners Premier League...
2h ago from SportsMole.co.uk

Kai Havertz injury: Could Arsenal formation change...

Arsenal manager Mikel Arteta should consider a formation change in the...
4h ago from SportsMole.co.uk

Mikel Arteta hints at 'creative' solution that could...

Arsenal manager Mikel Arteta would not rule out the surprise option of...
3h ago from CaughtOffside.com

Comments

Hottest News

New sponsor set to pay Aston Martin team only in...

More and more F1 teams are sponsored by partners... Read More »
5h ago from GPBlog.com

Williams show off their 2025 F1 car

On the back of McLaren surprise filming day with... Read More »
6h ago from F1Technical.net

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.