News Details
'Strategy Group against cost cap'
Jean Todt has abandoned plans to introduce a cost cap in 2015, saying he cannot as all those in the Strategy Group are against it. Last year, the FIA announced that they would implement a cost cap in 2015 in a bid to curb the spiralling costs of competing in Formula One. Those plans, though, have now been scrapped as at least six teams are against the proposal. Todt revealed that those in F1's new Strategy Group - Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus - as well as Bernie Ecclestone had all opposed it. "Most of the teams were in favour of the cost cap, but I understand that all the teams that are part of the Strategy Group are against it now," the FIA President...
Full Story »
Full Story »
10y ago from PlanetF1.com
0
You May Also Be Interested In...
No cost cap for 2015 - Todt
Jean Todt says cost-cutting will now be achieved through rule changes...
10y ago from espnF1.com
FIA to abandon cost cap plans - Todt
Mercedes AMG Petronas
The FIA has abandoned plans to introduce a cost cap...
10y 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...
10y 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...
10y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
13h ago from MotorsportWeek.c...
How MotoGP brakes work: Secrets of stopping a 220mph...
No description available...
14h ago from Motorsport.com
Quartararo: Marquez's Honda exit "woke a lot of...
No description available...
18h ago from Motorsport.com
COTA: F1 and MotoGP double-header possible but not...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
18h ago from Motorsport.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
18h ago from MotorsportWeek.c...
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
2d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier tops Croatia Rally shakedown
Sébastien Ogier announced his return to FIA World Rally Championship...
12h ago from MotorsportWeek.c...
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
14h ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
17h ago from Motorsport.com
Ireland’s bid to rejoin the WRC in 2025 halted
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Man United courting £42.8m striking sensation but...
It still isn't clear if Erik ten Hag will be in the Man United hot-seat...
58m ago from CaughtOffside.com
Arsenal to submit offer for 25m-rated Newcastle and...
Arsenal are interested in signing the Fenerbahce defender Ferdi Kadioglu...
58m ago from CaughtOffside.com
“I can’t stand things like this” - Chris Sutton...
No description available...
1h ago from SportsKeeda.com
Arsenal Transfer News Roundup: Gunners not in talks to...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
2024 F1 Chinese Grand Prix - Free Practice results
Check out the results from Free Practice ahead of... Read More »
3h ago from RacingNews365.com
Kravitz and Rosberg know why Alonso is not going to Red...
Ted Kravitz and Nico Rosberg are sure: Fernando... Read More »
4h ago from GPBlog.com
Tech F1i: A look at the teams’ updates in Shanghai
Formula 1’s return to China after a five-year... Read More »
1h ago from F1i.com
