News Details

FIA to meet teams over cost cutting

FIA President Jean Todt will meet with the teams next month to discuss ways to curb the rising costs of competing in F1. Last week it emerged that the FIA's proposed budget cap for 2015 would not go ahead as the Strategy Group had opposed it. The Group - made up of Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus - reportedly wrote to Todt informing him that they would not back the plan. The FIA, though, is adamant that something needs to be done and as such will meet with the teams and Bernie Ecclestone to discuss a way forward. "The FIA, the Commercial Rights Holder (CRH), and all the F1 Teams have recently confirmed their commitment to work on cost reduction," read an...
Full Story »
1y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

FIA and teams to meet over cost reductions

– Formula 1 teams will meet with the FIA next month to discuss ways...
1y ago from GPUpdate.net

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

Elsewhere On The Network

Popular On MotoGPToday.com

Sykes in control despite close times at Donington

First day of action in UK decides top-20 riders for Round 6...
5h ago from Motorsport.com

MotoGP moves closer to Indonesian race from 2017

Indonesia could return to the MotoGP calendar from 2017 after series...
11h ago from Motorsport.com

Rivals refuse to write off Marquez

With Marc Marquez having won only one race this there has been plenty of...

MotoGP eyes Indonesian race from 2017

– MotoGP is looking to add an Indonesian round to its calendar from...
9h ago from GPUpdate.net

Popular On IndyCarToday.com

Indy 500: Indy changes held us back, Honda says

  Honda believes it was disadvantaged by the precautionary changes...
56m ago from Racer.com

Indy 500: Practice 11 results

Power and Dixon on top as Vautier steps in Practice 11 times 1. Will...
6h ago from Crash.net

Unlikely circumstances put Briscoe in position to make...

Ryan Briscoe could be the only driver since A.J. Foyt to win the triple...
3h ago from Motorsport.com

Brundle to test 18-inch Pirelli GP2 car at Monaco

Grand Prix veteran-turned-TV commentator Martin Brundle is drive an...
16h ago from Motorsport.com

Popular On TotalWRC.com

Latvala finds form to lead in Portugal

He won the same stage this morning and this afternoon in his Volkswagen...
5h ago from WRC.com

Latvala leads in Portugal

Finland's Jari-Matti Latvala leads Kris Meeke of Britain at the Rally of...
6h ago from SkySports.com

SS6: Ogier opens account in Portugal

Double champion claims first stage win
7h ago from WRC.com

RX: BTCC ace wins rallycross talent search

Former British Touring Car driver Tom Onslow-Cole has won the inaugural...
9h ago from Crash.net

Popular On GunnersToday.com

Wenger's comments strengthen rumours of Vidal's move...

Arturo Vidal could be on his way to the Emirates, after recently agreeing...
2h ago from AllArsenal.com

Wenger - Final-day focus will benefit us

Arsène Wenger insists the presence of pressure at Sunday’s...
2h ago from Arsenal.com

Arsenal ‘not interested’ in 20-goal sensation

Arsenal chief Arsene Wenger has moved to quell speculation that his side...

Southampton Pair Schneiderlin, Clyne Urged To Reject...

It has been reported that Southampton skipper Jose Fonte says he has been...
4h ago from Nastytackle.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.