News Details
FIA scrap sole Formula 1 fuel supplier idea
FIA scrap sole Formula 1 fuel supplier idea 3 October, 2013 Formula 1′s governing body has written to team principals assuring them they have no intention of tendering for a sole fuel supplier despite a recent announcement raising the possibility.
Leading teams derive substantial sponsorship from oil companies – such as Shell, Total, Malaysia's Petronas and Venezuelan state-owned PDVSA – and any move to limit the sport to one supplier would be a big hit to team budgets.
Concern was raised after the International Automobile Federation (FIA) said last week that a new ‘Concorde Agreement' governing the sport would give it responsibility for conducting tenders for tyres...
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10y ago from GrandPrix247.com
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