News Details

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that it would be too hard to enforce a cost cap in F1 are “absolute rubbish”. FIA president Jean Todt said in Bahrain that the proposed cost cap for the sport was no longer set to happen because the six teams on the Strategy Group – Red Bull, Ferrari, Mercedes, McLaren, Lotus and Williams – were now opposed to the idea. As a result, the remaining teams except Toro Rosso wrote to Todt expressing concern over the development and the overall governance of the sport. Lowdon says there are a number of other global sports which have proven there are ways of successfully introducing financial rules to help safeguard the...
Full Story »
9mo ago from Crash.net 0
Share

You May Also Be Interested In...

Teams set for emergency talks over costs

The F1 teams are set to have showdown talks on May 1 about the proposed...
9mo ago from Crash.net

Marussia: We have arrived here with a couple of issues

t">Max Chilton Cool conditions greeted the teams at the Shanghai...
9mo ago from GrandPrix247.com

Boullier: No reason for McLaren to panic

– McLaren Sporting Director Eric Boullier has said there is no...
9mo ago from GPUpdate.net

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1...
9mo ago from GrandPrix.com

Comments

comments powered by Disqus

Hottest News

Vettel considered quitting F1 claims Horner

Disillusioned with the new formula, Sebastian... Read More »
4h ago from Pitpass.com

McLaren fires up MP4-30 for first time

McLaren fired up the MP4-30, its 2015 Formula 1... Read More »
17h ago from GPUpdate.net

Listen – 2015 Ferrari F1 car firing up for the first time

2015 Ferrari F1 car firing up for the first time... Read More »
17h ago from ThisIsF1.com

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.