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F1 cost cap cannot be imposed - Todt

id="story_continues_1" itemprop="description"> Formula 1 has dropped its plans for a cost cap in 2015 after leading teams said they were opposed to the idea. Cost-cutting will instead be achieved through rule changes, said Jean Todt, president of governing body the FIA. The six teams in the sport's rule-defining strategy group rejected plans for a cap agreed earlier this year. Continue reading the main story “We are all in favour of reducing the cost, and through sporting regulations” Jean Todt FIA president And Todt said he could not impose the cap 'if the commercial rights holder [Bernie Ecclestone] and six teams are against it'. He added: 'It's...
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