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

MotoGP: Alex Lowes to make GP debut as replacement for...

Alex Lowes will make his MotoGP debut this week at his home race at...
23h ago from MotorcycleNews.c...

Baz wants to prove Avintia right for retaining him

Loris Baz says he is determined to prove that the Avintia MotoGP squad...
15h ago from Motorsport.com

Lowes to stand in for Smith at Silverstone and Misano...

Lowes could race in the next two MotoGP races as he stands in for the...
1d ago from BikeSportNews.com

Lowes to replace injured Smith at Tech 3

– Tech 3 has confirmed that Bradley Smith will miss the next two...
1d ago from GPUpdate.net

Popular On IndyCarToday.com

Video of the Day: Ed Carpenter Q&A

No description available...
3h ago from GPUpdate.net

Tony Kanaan: “That was some old school Texas right...

Tony Kanaan was forced to settle for third at Texas Motor Speedway on...
12h ago from TheCheckeredFlag...

Max Chilton: “It was just an absolutely crazy race”

Max Chilton endured a tough race at Texas Motor Speedway on Saturday...
11h ago from TheCheckeredFlag...

James Hinchcliffe: “It was a tough finish, for...

James Hinchcliffe led for 188 of the 248 laps at Texas Motor Speedway but...
13h ago from TheCheckeredFlag...

Popular On TotalWRC.com

Volkswagen appoints Smeets to replace McLaren-bound...

Volkswagen has appointed former WRC co-driver Sven Smeets as its new...
17h ago from Motorsport.com

Scheider set for World Rallycross return in Barcelona

Audi DTM driver Timo Scheider is set to compete for All-Inkl.com Munnich...
22h ago from Motorsport.com

Scott Speed takes third straight Red Bull Global...

Scott Speed earned his third straight race victory Defending Red Bull...
17h ago from Motorsport.com

Wrc.com video playlist: Germany

Our selection of must-see clips from round nine
1d ago from WRC.com

Popular On GunnersToday.com

Arsenal Transfer Special: Six who could leave and two...

THE end of the summer transfer window is fast approaching so Express Sport...
2h ago from Express.co.uk

Arsenal Transfer News: Midfielder on link, shock loan...

Arsenal target Miguel Almiron has admitted his desire to play for the...
3h ago from Express.co.uk

Arsenal Prepared To Send Jack Wilshere Out On Loan

Reports have emerged claiming that Arsenal are willing to loan out Jack...
40m ago from Nastytackle.com

Arsenal transfer news: Gunners set to complete...

Lucas Perez looks set to complete his move to Arsenal from...
9h ago from CaughtOffside.com

Comments

Hottest News

Webber opens up on Spa podium ‘shoey’

Webber teamed up with fellow Aussie Ricciardo on... Read More »
1h ago from Motorsport.com

Verstappen: Raikkonen and Vettel should be ashamed

The Turn 1 incident at the start of the Belgian... Read More »
1h ago from GrandPrix247.com

Victory in Belgium not so sweet for Rosberg

Nico Rosberg was handed a much-needed break in... Read More »
1h ago from GrandPrix247.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.