News Details

Mallya warns leading teams to act responsibly

Force India co-owner Vijay Mallya has accused some of Formula One's biggest teams of caring only for themselves and not the overall state of the sport in general and the survival of the smaller outfits in particular. Reports in media on Monday said that F1 faced a massive rise in costs - estimates go as high as $2 billion - over the next seven years and Lotus, rated as one of the more successful operations, ran up losses of $80 million in 2012. "Rather than reducing costs, one or two teams have decided winning at any cost is more important than the sustainability of the sport, so there is no resource restriction that is implemented, quite contrary to the fact that costs are going...
Full Story »
10y ago from espnF1.com 0
Share

You May Also Be Interested In...

Changes needed to keep smaller teams in F1

Force India team co-owner and principal Vijay Mallya believes Formula 1 is...
10y ago from TheF1Times.com

Mercedes accused of 'underhand' tactics

Red Bull has accused Mercedes of being "underhand" in the way...
10y ago from AutoSport.com

Teams warned of Pirelli test

According to Sky Sport F1, the Formula One teams were warned not to take...
10y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pourchaire earns second IndyCar outing with Arrow...

Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...

Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...

Ogier's last-gasp Croatia Rally victory on surprising...

There had been no major incident on WRC Croatia for 17 stages. That...

Popular On GunnersToday.com

Manchester United, Arsenal dealt blow in pursuit of...

Premier League duo Manchester United and Arsenal suffer a blow in their...
5h 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.