News Details

No cost cap for 2015 - Todt

Jean Todt says cost-cutting will now be achieved through rule changes FIA Enlarge Jean Todt has revealed the FIA has dropped its plans for a cost cap in 2015 after opposition from F1's leading teams. The BBC is reporting the six teams in the sport's strategy group have formally rejected the plans, which were agreed earlier this year. Cost-cutting will now be achieved through rule changes, though Todt is disappointed the teams could not reach an agreement with the FIA. "If the commercial rights holder [Bernie Ecclestone] and six teams are against it, it's mathematics [that it can't be imposed]," Todt said. "In this case, no more cost cap. In a way, I am disappointed because...
Full Story »
2y ago from espnF1.com 0
Share

You May Also Be Interested In...

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

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

Cost reduction through rules sought as F1 cost cap unlikely to happen 7...
2y ago from GrandPrix247.com

Formula 1 abandons cost-cutting plans

– Formula 1's plans for a cost cap from 2015 have been scrapped,...
2y ago from GPUpdate.net

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...
2y ago from RichlandF1.com

Elsewhere On The Network

Popular On MGPToday.com

Smith undergoes surgery after Oschersleben Endurance...

MotoGP star Bradley Smith looks likely to miss next weekend’s...
10h ago from BikeSportNews.com

MotoGP: Smith awaiting scan results on knee injury

Monster Yamaha Tech 3 rider Bradley Smith is awaiting the results of an...
10h ago from MotorcycleNews.c...

MotoGP: Smith happy with KTM testing pace

KTM’s 2017 rider Bradley Smith says that he’s delighted with the...
20h ago from MotorcycleNews.c...

GP winner Prein set to join Mackenzie in Silverstone...

Prein will go head to head with Mackenzie and Alan Carter at the 2016...
19h ago from BikeSportNews.com

Popular On IndyCarToday.com

2017 schedule promotes continuity, adds Gateway

Indycar has announced a 17-race 2017 season that, while providing...
16h ago from Crash.net

INDYCAR: Firestone clarifies Texas tire allotment

Firestone has clarified the allotment of tires to all teams for Saturday...
10h ago from Racer.com

IndyCar reveals 17-race 2017 calendar

– IndyCar officials have revealed an expanded 17-race 2017...
23h ago from GPUpdate.net

VIDEO: Close shave for Castroneves

Helio Castroneves has escaped injury after a pitlane crash which involved...
1d ago from SpeedCafe.com

Popular On TotalWRC.com

Mikkelsen: It still felt like a victory

Fourth in Germany but Mikkelsen remains positive
18h ago from WRC.com

Germany driver report: part 2

Advertising Thierry Neuville (Hyundai i20) Result: 3rdA podium finish...
1d ago from WRC.com

Lappi breaks silence over Toyota rumours

Talks have taken place at Toyota's rally base
2d ago from WRC.com

Teams want China as a candidate rally in 2017

Multi-million pound losses caused by the cancellation of Rally China have...
2d ago from EuroSport.com

Popular On GunnersToday.com

(Video) 30m is a bargain for 23-year-old Chelsea...

Reports in Italy are linking 23-year-old Inter Milan midfielder Marcelo...
3h ago from CaughtOffside.com

Gilberto Silva unhappy to see Thierry Henry coaching...

Gilberto Silva unhappy to see Thierry Henry coaching away from Arsenal...
6h ago from DailyMail.co.uk

Snapped: Arsenal unveil new pictures of summer signing

ARSENAL have unveiled some new pictures of summer signing Takuma Asano.
14h ago from Express.co.uk

Comments

Hottest News

Second Practice results – 2016 Belgian Grand Prix

2016 F1 Belgian Grand Prix Second Practice... Read More »
17h ago from ThisIsF1.com

Friday Practice Lap-Time Analysis: Belgium

Following two eventful Friday Practice... Read More »
12h ago from F1Hub.net

Verstappen edges Ricciardo in Spa practice

Max Verstappen pipped team-mate Daniel Ricciardo... Read More »
43m ago from SpeedCafe.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.