News Details

F1 cost cap set to be dropped

The proposed cost cap for F1 is going to be dropped due to the objections of a number of teams, says FIA president Jean Todt.Following a meeting of the F1 Strategy Group – made up of the FIA (six votes), commercial rights holder (six votes) and six teams – in Paris in December last year, it was announced that a cost cap would be implemented in 2015, with the plans being firmed up in February when Todt, Bernie Ecclestone and the teams “unanimously agreed that cost reduction and cost control regulations will be presented to the WMSC in June 2014 for introduction in January 2015.”However, Todt said on Sunday in Bahrain that he is no longer able to deliver on those plans due to all six...
Full Story »
2y ago from Crash.net 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 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

Formula 1 abandons cost-cutting plans

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

Elsewhere On The Network

Popular On MGPToday.com

Rossi laments “stupid mistake” that cost Assen...

Valentino Rossi was left to lament his own “stupid mistake” after...
21h ago from Motorsport.com

MotoGP: Lorenzo – ‘I considered stopping’

Jorge Lorenzo has admitted that he considered pulling into the puts...

Lorenzo: Points gap to Marquez could be "much...

Reigning MotoGP champion Jorge Lorenzo has said that, despite two bad...
5h ago from Motorsport.com

Assen MotoGP: Jack Miller stuns in wet and wild...

Jack Miller scored his maiden MotoGP race victory in a sensational wet...
1d ago from Motorsport.com

Popular On IndyCarToday.com

Daly robbed by suspension failure

Dale Coyne Racing has confirmed that it was mechanical failure that...
28m ago from Motorsport.com

"What They're Saying" from KOHLER Grand Prix

Top 10 quotes from the Kohler Grand Prix Verizon IndyCar Series race on...
16h ago from Motorsport.com

Road America - Qualifying results

Full qualifying results for the ninth round of the 2016 Verizon IndyCar...
1d ago from Crash.net

INDYCAR: Power holds off Kanaan at Road America

Team Penske's Will Power mastered the Road America circuit on IndyCar's...
19h ago from Racer.com

Popular On TotalWRC.com

Certina reveals WRC Poland edition

Advertising Celebrating one of the oldest events in the calendar, the new...
1h ago from WRC.com

Paddon targets Poland bounce back

Kiwi keen to put recent disappointment behind him
2d ago from WRC.com

Craig Breen and Stéphane Lefebvre to represent Abu...

Winners of Rally de Portugal with Kris Meeke and Paul Nagle, the Abu Dhabi...
2d ago from Motorsport.com

Ogier draws 'additional strength' from fatherhood

Will Tim make the champ even faster?
3d ago from WRC.com

Popular On GunnersToday.com

Cesc Fabregas is a leader for Spain... now he can...

Cesc Fabregas has always been a leader for Spain... now he needs to help...
3h ago from DailyMail.co.uk

Picture: Manchester United midfielder is modelling...

Olivier Giroud is a good looking chap. I’m not afraid to say it. As the...
4h ago from CaughtOffside.com

N Brazil says Arsenal after Gabigol

N Brazil have linked Arsenal with Santos forward, Gabriel Barbosa, known...
3h ago from News.ArseBlog.com

Mesut Ozil urges Germany team-mates to move to EPL as...

Mesut Ozil urges Germany team-mates to move to the Premier League as...
6h ago from DailyMail.co.uk

Comments

Hottest News

WATCH: Brawn GP returns!

Seven years after completing a sporting fairytale... Read More »
3h ago from SkySports.com

'Never say never' about F1 return - Brawn

Ross Brawn insists he has had no high-profile job... Read More »
48m ago from F1i.com

Bernie Hood – ‘I told Toto not to think about banking...

Bernie Ecclestone has stated he wants to change... Read More »
48m ago from F1.co.uk

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.