News Details
Todt happy to see big teams expand beyond F1
Jun.16 Jean Todt has welcomed news that Ferrari and Mercedes are looking into expanding beyond Formula 1. The FIA president said installing an even lower than originally planned budget cap for 2021 - $145 million per team - is the right thing to do. "We had to be ambitious because with the costs of before, Formula 1 was unsustainable," the Frenchman told the Italian newspaper Corriere della Sera. "The gap between the large, medium and small teams was too big." But big-spending teams like Ferrari and Mercedes have warned that being forced to downsize and the prospect of sacking staff means they are looking into re-deploying personnel into other racing categories....
Full Story »
Full Story »
4y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Todt: My conscience is clear over Ferrari settlement
FIA President Jean Todt maintains he did nothing wrong in his handling of...
4y ago from GrandPrix247.com
Todt addresses Ferrari investigation criticism
FIA president, Jean Todt, has said his conscience is clear over the way...
4y ago from PlanetF1.com
Todt: 'My conscience is clear' over Ferrari power unit...
FIA president Jean Todt has defended the handling of the investigation...
4y ago from GPFans.com
Todt: "The only thing I want to say is that he is...
Jean Todt, in conversation with Corriere della Sera, discussed his...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Buriram test: Schedule, riders and how to follow
No description available...
1h ago from Motorsport.com
Why Ducati leans towards 2024 engine for 2025 MotoGP...
No description available...
1d ago from Motorsport.com
The key takeaways from the Sepang MotoGP test
No description available...
1d ago from Motorsport.com
Alex Marquez suggests GP24 Ducati is like...
Alex Marquez suggested that the feeling of his new GP24 Ducati was like...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1w ago from MotorsportWeek.c...
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
4d ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
5d ago from Motorsport.com
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal consider surprise move to sign ex-Everton...
No description available...
45m ago from SportsKeeda.com
William Saliba keen on leaving Arsenal after he holds...
No description available...
1h ago from SportsKeeda.com
Arsenal's first summer transfer confirmed as club...
Celtic confirm that they have reached a pre-contract agreement to re-sign...
2h ago from SportsMole.co.uk
Mikel Arteta wants Premier League flop at Arsenal who...
Arsenal boss Mikel Arteta is keen to strengthen his team's attacking...
4h ago from CaughtOffside.com
Comments
Hottest News
'Hamilton already feels better in Ferrari's F1 car than...
Lewis Hamilton has not yet driven a metre in the... Read More »
1h ago from GPBlog.com
Is Kelly Piquet hinting at her and Verstappen's baby's...
It probably won't be very long before Max... Read More »
45m ago from GPBlog.com
Why Sainz at Williams will make or break Albon
Alex Albon has seldom had a team-mate in F1 he... Read More »
1h ago from RacingNews365.com
