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 »
1y 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...
1y 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...
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 must be attractive - Williams

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

Elsewhere On The Network

Popular On MotoGPToday.com

Stoner slams state of modern MotoGP

Casey Stoner has lambasted the state of modern MotoGP in comparison with...
11h ago from Motorsport.com

Team bosses react to #RossiVsMarquez

Massimo Meregalli and Livio Suppo give their views on the dramatic final...
1d ago from MotoGP.com

Pedrosa: It was a day to forget

Dani Pedrosa was left to reflect on a day to forget at Assen after the...
6h ago from Crash.net

Rossi wary of Marquez’s threat

Valentino Rossi has warned that Marc Marquez will strike back this year....
14h ago from SuperSport.com

Popular On IndyCarToday.com

Rahal plucks lucky IndyCar raffle ticket to take...

Graham Rahal pulled the lucky ticket in the Verizon IndyCar Series raffle...

Matthew Brabham set for Andretti IndyCar test

Matthew Brabham will have his first fully fledged IndyCar test on...
2h ago from SpeedCafe.com

IndyCar: 'Insane' race spurs critics, supporters

Several leading IndyCar drivers including Juan Pablo Montoya, Will Power...
2d ago from Racer.com

RACER Video: Robin Miller's message to IndyCar boss...

The RACER Channel's Robin Miller unloads on an empty house at Auto Club...
2d ago from Racer.com

Popular On TotalWRC.com

Fighting Talk: 72nd LOTOS Rally Poland

Sébastien Ogier. Volkswagen Polo R: (above) “We had a very good...
8h ago from WRC.com

Gilbert targets Junior treble

Frenchman looks to complete Junior WRC hat-trick
9h ago from WRC.com

Ogier: Poland gives rivals chance to prove mettle

Sebastien Ogier has challenged his rivals to 'show what they're made of'...
11h ago from Crash.net

Dirt Rally, update 0.5 aka the Tarmac Terrors

In this case, name says it all. Well, almost all, because not (only) did...
16h ago from WorldRallyBlog.c...

Popular On GunnersToday.com

Porto confirm striker Jackson Martinez will join...

Porto confirm striker Jackson Martinez will join Atletico Madrid after...
1h ago from DailyMail.co.uk

(Video highlights) UEFA European Under-21 final:...

Sweden have been crowned UEFA U21 European champions for the first time...
3h ago from CaughtOffside.com

Arsenal Encouraged In Keita Balde Diao Pursuit

It has been reported that Keita Balde Diao is unsettled at Lazio –...
2h ago from Nastytackle.com

Arsenal transfer news: BBC reporter claims Gunners...

Emirates Stadium side not targeting Chilean after all… READ MORE:...
3h ago from CaughtOffside.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.