News Details

FIA no longer mentioning cost cap

F1's governing body has toned down its rhetoric on cost-cutting, having said in December it wanted to install a highly-controversial "global cost cap". But on Thursday, after a meeting of the World Motor Sport Council in Geneva, the FIA said only that the adoption of "cost reduction and cost control regulations" has been agreed, following a meeting involving Bernie Ecclestone and the F1 teams. The FIA said the cost control regulations will be installed in 2015. The full statement can be read at http://www.fia.com/world-motor-sport-council-2014-geneva
Full Story »
1y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

F1 tweaks rules but double points set to stay

Formula One looks set to go ahead with a controversial decision to award...
1y ago from SuperSport.com

FIA reaffirms plans for F1 cost controls

F1 is to push ahead with plans for cost reduction and cost control...
1y ago from Crash.net

Schumacher condition deteriorating the longer he is...

Schumacher condition deteriorating the longer he is kept in a coma say...
1y ago from GrandPrix247.com

FIA tweaks 2014 Formula 1 rules but double points set...

FIA tweaks 2014 Formula 1 rules but double points set to stay 24 January,...
1y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

#RossiVsMarquez: Watch it from every angle

Go On Board with Marquez, Rossi & the circuit helicopter for the ultimate...
1d ago from MotoGP.com

Carmelo Ezpeleta discusses future of Czech GP

The CEO of Dorna Sports met with the Minister of Education, Youth and...
9h ago from MotoGP.com

Rossi denies that he cheated

Movistar Yamaha rider Valentino Rossi has insisted that he did not use...
2d ago from SuperSport.com

Checa completes Ducati testing

Former world Superbike champion Carlos Checa has spent the last few days...
17h ago from SuperSport.com

Popular On IndyCarToday.com

IndyCar Power fined $25k; Vautier $10K, Rahal $5k...

The Verizon IndyCar Series has informed its teams of the penalties...
2d ago from Racer.com

Power penalised for Fontana incident

– Will Power has been fined $25,000 and placed on probation for the...
1d ago from GPUpdate.net

IndyCar: 'Insane' race spurs critics, supporters

Several leading IndyCar drivers including Juan Pablo Montoya, Will Power...
5d ago from Racer.com

2016 IndyCar season to be longer, Road America may...

IndyCar is expecting a stronger schedule for next season, which will last...
2d ago from Motorsport.com

Popular On TotalWRC.com

Sebastien Ogier takes lead as Tanak falls back

With the stages cleaner for the afternoon after the morning running...
4h ago from EuroSport.com

Ogier leads in Poland

France's two-time world champion Sebastien Ogier claimed the lead after...
4h ago from SkySports.com

Pryce ‘close to perfect' in Junior WRC

Welshman wins five stages to head Poland standings
4h ago from WRC.com

SS8: Latvala win secures third

Volkswagen trio holds podium places
9h ago from WRC.com

Popular On GunnersToday.com

Arsenal Set To Move For Zenit St Petersburg Defender...

It has been reported that Arsenal are preparing a bid for Zenit St...
3h ago from Nastytackle.com

Galatasaray confirm Lukas Podolski talks

Galatasaray have confirmed that Arsenal forward Lukas Podolski is nearing...
3h ago from SportsMole.co.uk

Arsenal Focusing On Sporting Lisbon Midfielder William...

It has been reported that Arsenal have dropped their interest in Juventus...
5h ago from Nastytackle.com

Arsenal have mirrored one of Man United’s best ever...

After what seemed like an age, Petr Cech finally completed his move...

Comments

comments powered by Disqus

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.