News Details

FIA and teams to meet over cost reductions

– Formula 1 teams will meet with the FIA next month to discuss ways in which costs can be reduced for the sport's competitors. FIA President Jean Todt announced last weekend in Bahrain that plans to introduce a cost cap for teams from 2015 had been abandoned but the sport's governing body remains eager to bring costs under control. At a meeting of the World Motor Sport Council in Morocco, it was agreed that Formula 1's 11 teams would meet with Todt and Formula 1 supremo Bernie Ecclestone in order to discuss financial regulation. There remains the hope that 'substantial' cost reductions will be agreed at the meeting next month, which would then be swiftly ratified by Formula 1's...
Full Story »
11mo ago from GPUpdate.net 0
Share

You May Also Be Interested In...

FIA summons F1 teams to cost cutting meeting

The FIA has called an urgent meeting to discuss ways to reduce costs in...
11mo ago from TheF1Times.com

FIA calls Formula 1 teams to meeting on costs

Sahara Force India Formula 1 teams have been called to an urgent meeting...
11mo 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...
11mo ago from GrandPrix247.com

Formula 1 must be attractive - Williams

Mercedes AMG Petronas Formula 1 must remain attractive to potential new...
11mo ago from F1Zone.net

Elsewhere On The Network

Popular On MotoGPToday.com

Ducati now limited to 22 litres of fuel

Ducati's strong start to 201t has seen the Italian manufacturer lose the...

Marquez Blog: First one of the Year!

Marc Marquez discusses Qatar, that mistake and his brother Moto2 debut...
5h ago from MotoGP.com

Viñales: “We know where we need to improve"

Team Suzuki Ecstar’s Maverick Viñales reflects on his debut...
4h ago from MotoGP.com

Zarco: “I had to make do with only using third...

Ajo Motorsport's Johann Zarco denied his first ever Moto2 race win by...
5h ago from MotoGP.com

Popular On IndyCarToday.com

Honda's IndyCar aero kit dilemma

Just one event into 2015 and it appears that Chevrolet has a clear edge...
14h ago from Motorsport.com

Fan suffers fractured skull from debris at St Pete

A race fan attending Sunday's IndyCar season opener at St Petersburg on...
20h ago from Crash.net

Montoya snatches St Pete win from Power

Juan Pablo Montoya claimed the first win of the 2015 Verizon IndyCar...
2d ago from Crash.net

A lot of debris raises a lot of questions following...

The new aero kits had an unintended consequence Sunday ... A lot of...
2d ago from Motorsport.com

Popular On TotalWRC.com

Al Qassimi lines up Argentina debut

Al Qassimi, who brings Abu Dhabi support to Citroën Racing, will join...
3h ago from WRC.com

Wilson: I'll never forget Tanak's 'splashdown'

In the latest exclusive M-Sport World Rally Team column on Crash.net for...
1d ago from Crash.net

ERC: Circuit of Ireland is big in my heart, says Breen

Craig Breen says it would be a dream come true if he could add his name...
23h ago from Crash.net

Toyota reveals its junior line-up

Personally, I am having a great time following the progress of Toyota...

Popular On GunnersToday.com

Top six worst April Fools' Day football stories:...

April Fools' wouldn't be complete without newspapers taking advantage of...
2h ago from CaughtOffside.com

'I'm 100%' – Liverpool midfielder declares...

Liverpool midfielder Lucas Leiva has this week declared himself fit ahead...
36m ago from CaughtOffside.com

Arsenal, Celtic… Today's best April Fools stories

Arsenal, Celtic… Today's best April Fools stories The best of 2015...

Eden Hazard picks his five-a-side team with the best...

In a sit down for the club’s official website, Chelsea star...
6h ago from SportsKeeda.com

Comments

comments powered by Disqus

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.