News Details

FIA summons F1 teams to cost cutting meeting

The FIA has called an urgent meeting to discuss ways to reduce costs in Formula 1 following a World Motor Sport Council meeting on Friday. The governing body will meet with Bernie Ecclestone and representatives from all 11 teams on May 1st in a bid to agree on several measures to bring costs down, after the FIA abandoned attempts to introduce a budget cap for 2015. The decision to drop the budget cap has been met with some criticism from smaller teams which are struggling to compete with those larger outfits which are against the idea. However the FIA hopes to find alternative ways of making F1 more affordable. "The FIA, the Commercial Rights Holder (CRH), and all the F1 teams have...
Full Story »
2y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

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 must be attractive - Williams

Mercedes AMG Petronas Formula 1 must remain attractive to potential new...
2y ago from F1Zone.net

WMSC meets in Morocco

At its meeting in Marrakech, the FIA WMSC agreed a study on F1 engine...
2y ago from Pitpass.com

FIA: Teams still committed to cost reduction

The FIA has insisted the teams in F1 remain committed to 'cost...
2y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

"Vinales can make history by staying with...

Now that Jorge Lorenzo's move to Ducati has been confirmed, the next piece...
15h ago from Motorsport.com

Randy Mamola: Rossi's genius performance a message to...

Valentino Rossi's masterful victory in the Spanish Grand Prix elevates him...
1d ago from Motorsport.com

Analysis: How Rossi's silky throttle skill set up...

Even the most ardent Valentino Rossi fans couldn’t have predicted their...
1d ago from Motorsport.com

GP Commission changes rules on jump-starts

MotoGP rulemaking body the Grand Prix Commission has restructured the...
12h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

IndyCar: 2017 spec aerokit requires “consensus"

With debate in the IndyCar paddock about whether the series should revert...
9h ago from Motorsport.com

Stefan Wilson confirmed for Indy 500 start

Stefan Wilson will honour his late brother after his entry in the 100th...
1d ago from SpeedCafe.com

Crucial mileage for Brabham ahead of Indy

Pirtek Team Murray rookie Matthew Brabham has completed a successful test...
2d ago from SpeedCafe.com

INDYCAR: Newgarden confident of ECR upswing

The breakout star of last year's Verizon IndyCar Series championship is...
1d ago from Racer.com

Popular On TotalWRC.com

Argentina WRC: Motorsport.com's driver ratings

In Rally Argentina, Hayden Paddon delivered a long-awaited non-VW victory...
7h ago from Motorsport.com

Østberg wants more from his Fiesta RS

Norwegian acknowledges something is missing
8h ago from WRC.com

Argentina driver report: part 2

Andreas Mikkelsen (Volkswagen Polo R) Result: 3rdYou could be forgiven...
13h ago from WRC.com

Argentina Driver Report: Part 1

Dani Sordo (Hyundai i20 WRC) Result: 4th Argentina was another good drive...
1d ago from WRC.com

Popular On GunnersToday.com

Arsenal and Manchester United target's agent discusses...

GETTY INTEREST: A number of clubs are interested in Kalidou Koulibaly The...
3h ago from DailyStar.co.uk

Are Arsenal moving in the right direction?

SPN FC crew respond to Arsene Wenger's statement that he and his Arsenal...
1h ago from ESPNFC.co.uk

DAVID WOODS COLUMN: Leicester's huge rise, Hodgson...

GETTY STAR MAN: Vardy has been on fire this season For it has been...
2h ago from DailyStar.co.uk

Arsenal star Mesut Ozil talks about Bundesliga return

GETTY HOMECOMING: Mesut Ozil is thinking about the possibility of...
4h ago from DailyStar.co.uk

Comments

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.