News Details

Todt rules out budget cap in 2015

FIA president Jean Todt has ruled out any chance of a budget cap being introduced in 2015 and will instead need to reduce spending by means of the regulations.With a number of the current teams struggling financially, and the hope of budget restrictions enticing new teams to enter the sport, the teams that form the Strategy Group - which comprises Ferrari, Red Bull, McLaren, Mercedes, Lotus and Williams, not forgetting the FIA and the commercial rights holder (FOM) - have killed off the idea.'I understand that all the teams that are part of the strategy group are against the cost cap now,' Todt told reporters in Bahrain. 'So clearly, if the commercial rights holder, and if six teams are...
Full Story »
2y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Formula 1 heading for 150-million says Todt

Formula 1 heading for 150-million says Todt 4 April, 2014 It appears that...
2y ago from GrandPrix247.com

FIA to abandon cost cap plans - Todt

Mercedes AMG Petronas The FIA has abandoned plans to introduce a cost cap...
2y ago from F1Zone.net

F1 heading for EUR 150m budget cap

F1 is heading towards a budget cap of EUR 150 million per team for the...
2y ago from GrandPrix.com

Todt says Williams, Lotus and Sauber are struggling...

Jean Todt FIA president Jean Todt has named Williams as one of three...
2y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

"Vinales can make history by staying with...

Now that Jorge Lorenzo's move to Ducati has been confirmed, the next piece...
11h ago from Motorsport.com

Randy Mamola: Rossi's genius performance a message to...

Valentino Rossi's masterful victory in the Spanish Grand Prix elevates him...
1d ago from Motorsport.com

GP Commission changes rules on jump-starts

MotoGP rulemaking body the Grand Prix Commission has restructured the...

Analysis: How Rossi's silky throttle skill set up...

Even the most ardent Valentino Rossi fans couldn’t have predicted their...
1d ago from Motorsport.com

Popular On IndyCarToday.com

IndyCar: 2017 spec aerokit requires “consensus"

With debate in the IndyCar paddock about whether the series should revert...
5h ago from Motorsport.com

Stefan Wilson confirmed for Indy 500 start

Stefan Wilson will honour his late brother after his entry in the 100th...
1d ago from SpeedCafe.com

Crucial mileage for Brabham ahead of Indy

Pirtek Team Murray rookie Matthew Brabham has completed a successful test...
1d ago from SpeedCafe.com

INDYCAR: Newgarden confident of ECR upswing

The breakout star of last year's Verizon IndyCar Series championship is...
1d ago from Racer.com

Popular On TotalWRC.com

Østberg wants more from his Fiesta RS

Norwegian acknowledges something is missing
4h ago from WRC.com

Argentina WRC: Motorsport.com's driver ratings

In Rally Argentina, Hayden Paddon delivered a long-awaited non-VW victory...
4h ago from Motorsport.com

Argentina driver report: part 2

Andreas Mikkelsen (Volkswagen Polo R) Result: 3rdYou could be forgiven...
9h ago from WRC.com

Argentina Driver Report: Part 1

Dani Sordo (Hyundai i20 WRC) Result: 4th Argentina was another good drive...
1d ago from WRC.com

Popular On GunnersToday.com

Jack - It's hard to change my style

Jack Wilshere agrees that his playing style provokes tackles - but says...
3h ago from Arsenal.com

Arsenal defender Hector Bellerin says he wanted a pair...

Arsenal defender Hector Bellerin says he wanted a pair of Brazilian...
2h ago from DailyMail.co.uk

Arsenal must keep this man from Euro giants'...

Although many expected Arsenal to finally rise to the challenge of ending...

Are Norwich City doomed?

n Bender and Don Hutchison discuss whether Norwich can survive in the...
5h ago from ESPNFC.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.