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

Michelin need ‘more resistant solutions’ for...

Michelin have some work to do after some MotoGP riders at the Red Bull...
2h ago from BikeSportNews.com

Lorenzo hails “impressive” and “unbelievable”...

Yamaha MotoGP star Jorge Lorenzo has paid tribute to the skills of retired...
2d ago from Motorsport.com

Moto2: Technical report confirms rider error as cause...

A technical report compiled by independent experts and released today by...
22h ago from MotorcycleNews.c...

MotoGP: Rossi ‘Red Bull Ring is very particular’

Valentino Rossi has described MotoGP’s latest circuit in Austria as...
23h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

Video of the Day: Newgarden quizzed

No description available...
6h ago from GPUpdate.net

INDYCAR: Aeroscreens likely for 2018

The Verizon IndyCar Series isn’t ready to confirm its solution or...
1d ago from Racer.com

INDYCAR: Dixon tops meaningful Mid-Ohio test

Target Chip Ganassi Racing's Scott Dixon topped an important test at...
15h ago from Racer.com

Harvey test crash puts SPM race deal in jeopardy

A heavy shunt for young gun Jack Harvey in IndyCar’s Mid-Ohio test today...
1d ago from Motorsport.com

Popular On TotalWRC.com

2017 World Rally Cars uncovered: Part 1

Advertising Next year’s regulations have been designed to deliver more...
21h ago from WRC.com

Rally Australia adds seaside Super Special Stage

The 2016-running of Rally Australia will include an ocean-side Super...
1d ago from Motorsport.com

Armstrong chases Trophy double

Armstrong chasesTrophy double Jon Armstrong has vowed not to become...
19h ago from WRC.com

Silk Way Rally – Leg 13 : Peugeot a step closer to...

Team Peugeot collected its ninth victory from the 12 stages contested so...
19h ago from Motorsport.com

Popular On GunnersToday.com

Arsene Wenger talks Turan, Lacazette and Icardi as he...

Morning all. There's little point in going into great detail about last...

Report: Mahrez to sign for Arsenal

French Eurosport are claiming that Riyad Mahrez is set to sign for Arsenal...
1h ago from News.ArseBlog.com

Arsenal announce preliminary squad for US games

Arsenal have announced their preliminary squad for the upcoming games in...
3h ago from News.ArseBlog.com

Comments

Hottest News

Practice 3 results – 2016 Hungarian GP

Free practice three full results – (FP3) 2016... Read More »
1h ago from ThisIsF1.com

Alonso still suffering pain from Australian GP crash

Fernando Alonso has admitted he still feels the... Read More »
3h ago from ThisIsF1.com

Hungarian GP Practice 3 LIVE!

After his crash on Friday, can Lewis Hamilton... Read More »
2h ago from SkySports.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.