News Details

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort of cost cutting technique or risk being "seen as some kind of failure." Although the FIA had hoped to introduce a cost cap next season, those plans were scratched when the sport's Strategy Group - comprising Ferrari, McLaren, Mercedes, Red Bull, Lotus and Williams - refused to play along. The veto has not gone down well with Formula 1's smaller teams with Lowdon warning that the sport could face long-term consequences unless something is done. "We want to see Formula One grow, and there is an important lesson to be learned from sports that have demonstrated huge growth over the last five to 10...
Full Story »
1y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

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...
1y ago from GrandPrix.com

Formula 1 set for cost-cutting showdown on 1 May

Formula 1 set for cost-cutting showdown on 1 May 20 April, 2014 Formula 1...
1y ago from GrandPrix247.com

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that...
1y ago from Crash.net

Horner defends scrapping cap

Christian Horner has defended the decision to scrap a proposed cost cap,...
1y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Alpinestars release Baz crash data

Alpinestars have released the data recorded by Avintia Ducati racer Loris...

Yamaha says renewing Lorenzo’s contract a...

Yamaha team boss Lin Jarvis says that re-signing Jorge Lorenzo for 2017...
7h ago from Motorsport.com

Dovizioso hits the wall in Ducati development at Sepang

Factory Ducati rider Andrea Dovizioso has left the first test of the...
10h ago from MotorcycleNews.c...

Exclusive: The treatment that saved Dani Pedrosa's...

After years of struggling with injuries of various kinds, Dani Pedrosa was...
12h ago from Motorsport.com

Popular On IndyCarToday.com

VIDEO: Robin Miller with Matt Brabham

Third-generation driver Matt Brabham speaks with RACER's Robin Miller...
1h ago from Racer.com

INDYCAR: Teams gear up for testing season

Momentum is starting to build towards the first race of the season for...
1h ago from Racer.com

IndyCar's new race control format to be...

Jay Frye, the Verizon IndyCar Series’ new president of competition and...
4h ago from Motorsport.com

INDYCAR: Andretti - 'It's killing me not having a win'

The pressure of living up to his legendary last name has always dogged...
1d ago from Racer.com

Popular On TotalWRC.com

New street test in Portugal and Argentina

Porto and Cordoba to host city centre stages
6h ago from WRC.com

Osian Pryce talks MSA Team UK, WRC and BRC

We catch up with the latest addition to MSA Team UK - Osian Pryce. View...
10h ago from TheCheckeredFlag...

Sweden Super Special battles: you decide!

It's your chance to choose the heats
7h ago from WRC.com

24-time X Games medalist Dave Mirra dies in apparent...

X Games legend Dave Mirra has tragically died at the age of 41. Mirra was...
20h ago from Motorsport.com

Popular On GunnersToday.com

Best U21 player in world football? Dele Alli tops...

Dele Alli and Anthony Martial both scored in midweek and the pair are...
46m ago from CaughtOffside.com

FA Cup ties moved for TV coverage

Arsenal, Chelsea, Manchester City and Manchester United's fifth-round FA...
1h ago from SportsMole.co.uk

Arsene Wenger warns Chinese Super League could spell...

ARSENE WENGER is predicting China’s interest in football will spark the...
1h ago from Express.co.uk

Özil sends message to ex-Real Madrid teammate Ronaldo

Cristiano Ronaldo is 31-years-old today (5/02/16), and Mesut Özil has...
4h ago from AllArsenal.com

Comments

Hottest News

’Honda are a big threat’ - Mercedes

Mercedes sees Honda as “a big threat” in 2016... Read More »
8h ago from F1i.com

Concept design of the 2020 Mercedes revealed

F1 Latest News: The concept design has been... Read More »
10h ago from F1Hub.net

Mercedes: "No stopping" our engine gains for 2016

The German car manufacturer's power unit has been... Read More »
5h ago from Motorsport.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.