News Details

Formula 1 cost cap plan scrapped, but was it ever on?

Plans for Formula 1 to introduce a cost cap from 2015 onwards have been abandoned, according to FIA president Jean Todt. The sport's governing body announced last December that it intended to introduce cost-cutting measures for next season. An agreement was scheduled for June 2014 but Todt – who attended his first F1 race of the year in Bahrain – has now confirmed that the six team representatives on the F1 Strategy Group (Red Bull, Mercedes, Ferrari, Lotus, McLaren and Williams) are now against the plan. 'Most of the teams were in favour of the cost cap, but I understand that all the teams that are part of the Strategy Group are against it now,' he told reporters at the...
Full Story »
11mo ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Cost reduction through rules sought as F1 cost cap...

Cost reduction through rules sought as F1 cost cap unlikely to happen 7...
11mo ago from GrandPrix247.com

FIA to abandon cost cap plans - Todt

Mercedes AMG Petronas The FIA has abandoned plans to introduce a cost cap...
11mo ago from F1Zone.net

Todt gives mandate for working group to study F1 sound...

Jean Todt Formula 1 will push ahead with attempting to make the sport's...
11mo ago from GrandPrix247.com

Silverstone happy with the less noisy new Formula 1

Silverstone happy with the less noisy new Formula 1 5 April, 2014...
11mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

Ducati now limited to 22 litres of fuel

Ducati's strong start to 201t has seen the Italian manufacturer lose the...
14h ago from MotorcycleNews.c...

Fortune doesn’t always favour the brave

Sunday’s opening MotoGP race in Qatar was memorable in so many ways....
12h ago from MotoGP.com

Strong Honda debut for Crutchlow

Cal Crutchlow finished the Qatar Grand Prix where he aimed to as the...
11h ago from MotorcycleNews.c...

Redding: We need to find our own with the bike

Scott Redding had a torrid time in Qatar with the Marc VDS rider...
11h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

Honda's IndyCar aero kit dilemma

Just one event into 2015 and it appears that Chevrolet has a clear edge...
1d ago from Motorsport.com

Fan suffers fractured skull from debris at St Pete

A race fan attending Sunday's IndyCar season opener at St Petersburg on...
1d ago from Crash.net

Montoya snatches St Pete win from Power

Juan Pablo Montoya claimed the first win of the 2015 Verizon IndyCar...
3d ago from Crash.net

A lot of debris raises a lot of questions following...

The new aero kits had an unintended consequence Sunday ... A lot of...
3d ago from Motorsport.com

Popular On TotalWRC.com

Al Qassimi lines up Argentina debut

Al Qassimi, who brings Abu Dhabi support to Citroën Racing, will join...
16h ago from WRC.com

Wilson: I'll never forget Tanak's 'splashdown'

In the latest exclusive M-Sport World Rally Team column on Crash.net for...
1d ago from Crash.net

ERC: Circuit of Ireland is big in my heart, says Breen

Craig Breen says it would be a dream come true if he could add his name...
1d ago from Crash.net

Toyota reveals its junior line-up

Personally, I am having a great time following the progress of Toyota...

Popular On GunnersToday.com

Nuri Sahin: 'I almost joined Arsenal in 2005'

Borussia Dortmund midfielder Nuri Sahin has revealed that he came close...
1h ago from SportsMole.co.uk

Chelsea & Arsenal stars feature heavily in statistical...

As the Premier League season draws to a close with only eight games left...
4h ago from CaughtOffside.com

Arsenal Seek More Information On Petr Cech's Chelsea...

It has been reported that Arsenal are seeking more information on Petr...
4h ago from Nastytackle.com

Revealed! The Premier League's 'most loyal clubs'

Apart from success, fans seem to love nothing more than loyalty from...
13h ago from TalkSport.com

Comments

comments powered by Disqus

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.