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 »
1y 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...
1y 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...
1y 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...
1y ago from RichlandF1.com

Formula 1 abandons cost-cutting plans

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

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi wins as Márquez crashes out

– Valentino Rossi claimed his second victory of the season in...
3h ago from GPUpdate.net

Rossi Beats Marquez as Sparks Fly in Argentina

Valentino Rossi chased down Marc Marquez to win a gripping Argentine...

Fenati and Ajo clash in Moto3 warm-up

Romano Fenati got 3 penalty points for displaying agressive behaviour and...
7h ago from MotoGP.com

Popular On IndyCarToday.com

Josef Newgarden tops Long Beach warm-up

Chevrolet continued their sweep of all track sessions in Long Beach this...
4h ago from Crash.net

Long Beach: Sunday warm-up results

Josef Newgarden tops Long Beach warm-up Sunday warm-up times 1. Josef...
4h ago from Crash.net

Castroneves on pole as disaster strikes Power

Helio Castroneves edged Penske team-mate Juan Pablo Montoya for pole...
21h ago from SpeedCafe.com

Penske continues to pace Long Beach practice

There was a new name at the top of the timesheets following the third and...
1d ago from Crash.net

Popular On TotalWRC.com

Latvala inspired by McRae onboards

The Finn sought inspiration after no-scores on the rounds in Sweden and...
13h ago from WRC.com

Citroën: An endurance rally in Argentina

The Citroën Total Abu Dhabi World Rally Team has conducted extensive...
1d ago from Motorsport.com

Latvala Looking to Bounce Back In Argentina

With the 2015 FIA World Rally Championship entering it's second quarter...

Rally Argentina: Event timetable

Complete event timetable for Rally Argentina, the fourth round out of 13...
2d ago from Crash.net

Popular On GunnersToday.com

La Liga star tells agent to make Arsenal transfer...

Espanyol defender Hector Moreno has reportedly told his agent to make a...
1h ago from CaughtOffside.com

Wembley was the ideal setting for the FA Cup audience...

Wembley was the ideal setting for the FA Cup audience to enjoy more of...
57m ago from DailyMail.co.uk

(Video) Arsenal defender Gabriel Paulista visits...

Arsenal defender Gabriel took the time to travel back to Spain and visit...
3h ago from CaughtOffside.com

Wenger - Why I brought back Debuchy

Arsène Wenger had no doubts that Mathieu Debuchy would get through...
1h ago from Arsenal.com

Comments

comments powered by Disqus

Hottest News

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.