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

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

MotoGP: Cecchinello ‘We needed that finish’

LCR Honda team boss Lucio Cecchinello admitted to MCN after last...
22h ago from MotorcycleNews.c...

Espargaro: "I'm far from the level I should be...

Aleix Espargaro has said he is not "at all" pleased with his...
19h ago from Motorsport.com

Video: Go for a multicamera Red Bull Ring lap with...

Estrella Galicia’s Jack Miller takes you for a multicamera lap of the...
19h ago from BikeSportNews.com

Popular On IndyCarToday.com

Enerson gets IndyCar debut with Dale Coyne

– RC Enerson will make his IndyCar debut at Mid-Ohio this weekend...
40m ago from GPUpdate.net

Supercars not keen on February Gold Coast date

Supercars is “unlikely” to shift its Gold Coast event from its current...
5h ago from Motorsport.com

Schmidt Peterson files lawsuit against Enerson

RC Enerson, due to make his IndyCar debut with Dale Coyne Racing this...
17h ago from Motorsport.com

INDYCAR: 'I enjoy downforce cars more' - Frijns

Robin Frijns gave his Andretti Autosport team plenty to think about after...
14h ago from Racer.com

Popular On TotalWRC.com

Hyundai solves Sordo crash cause

Nandan confident suspension issue is sorted
15h ago from WRC.com

OlsbergsMSE won't field GRC-spec Honda Civic in Canada...

Swedish World Rallycross team OlsbergsMSE will not field its Honda Civic...
20h ago from Motorsport.com

Finland countdown: the route

The same. But better.
15h ago from WRC.com

Aravind relieved to complete Baja Aragon in first...

Aravind KP says he is pleased to have finished the Baja Aragon rally in...
23h ago from Motorsport.com

Popular On GunnersToday.com

Arsenal in California: Day two blog

The first full day on this year's tour of the United States began with...
1h ago from Arsenal.com

Wenger: We are looking for a centre-half

Arsene Wenger says the club are actively looking for a central defender...
1h ago from News.ArseBlog.com

Arsenal's 10 most expensive transfers ever... where...

TARSPORT take you through the 10 most expensive Arsenal signings of all...
3h ago from DailyStar.co.uk

Wenger on Mertesacker and Lacazette

Arsène Wenger discussed Per Mertesacker's injury, transfers,...
6h ago from Arsenal.com

Comments

Hottest News

Merc glad to have 2018 options

Toto Wolff is relishing the prospect of Lewis... Read More »
2h ago from SkySports.com

Kvyat set to be dropped by Red Bull

Daniil Kvyat may be about to jump from the frying... Read More »
1h ago from F1i.com

Hamilton "not an easy teammate", says Alonso

Rosberg lost the championship lead to Hamilton in... Read More »
22h ago from Motorsport.com

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.