News Details

F1 set for cost-cutting talks

The F1 teams will meet on Thursday to discuss ways to curb rising costs after the Strategy Group shot down a cost cap. The FIA had intended to introduce a cost cap in a bid to preserve the sport's future and the teams currently competing. However, the proposal was taken off the table when F1's Strategy Group - comprising Red Bull, Ferrari, McLaren, Mercedes, Lotus and Williams - said no. F1's smaller teams were angered by that decision and reportedly wrote to FIA president Jean Todt, voicing their complaints and concerns leading to Thursday's meeting. One person who is hoping the teams can find a way forward is Marussia's sporting director Graeme Lowdon, who fears for the sport's future....
Full Story »
2y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

F1 to debate cost saving measures on Thursday

Formula 1 chiefs are hopeful that a raft of changes over the next three...
2y ago from TheF1Times.com

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort...
2y ago from PlanetF1.com

Formula 1′s smaller teams want reassurance on...

Formula 1′s smaller teams want reassurance on cost cuts 30 April,...
2y ago from GrandPrix247.com

Cost-cutting on the agenda again

Several of the smaller teams in Formula One want the FIA to produce...
2y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Honda set to struggle in Austria

Honda’s winning streak of recent rounds may well come to a end when...

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

Lorenzo says Red Bull Ring's Turn 2 "very...

Jorge Lorenzo has voiced concerns with the Red Bull Ring’s Turn 2 ahead...
2d ago from Motorsport.com

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

Popular On IndyCarToday.com

Pagenaud on top in Mid-Ohio qualifying

– Simon Pagenaud claimed another pole position on Saturday, this...
1h ago from GPUpdate.net

"What They're Saying" from Honda Indy 200 at...

The 2016 championship leader hustled his car around the 2.258-mile...
3h ago from Motorsport.com

Pagenaud edges Power to grab sixth pole of the year

Simon Pagenaud produced a brilliant record-setting 63.87sec lap to beat...
6h ago from Motorsport.com

Target to cut Chip Ganassi Indy backing

One of the longest serving sponsorships in IndyCar history will come to an...
6h ago from SpeedCafe.com

Popular On TotalWRC.com

WRC to stay in the home of rallying

Advertising Finland is seen as the spiritual home of rallying, and the...
7h ago from WRC.com

Hyundai Motorsport drivers in fierce fight for fourth...

Hyundai Motorsport has two New Generation i20 WRC cars inside the top-six...
7h ago from Motorsport.com

SS 15/16: Meeke in management mode

Østberg nets maiden stage win in Finland
15h ago from WRC.com

Mighty Meeke closes on Finland win

Advertising The Northern Irishman [above] more than doubled his lead over...
8h ago from WRC.com

Popular On GunnersToday.com

Wenger discusses the transfer market

Arsène Wenger discussed transfers at his press conference at the...
3h ago from Arsenal.com

'Arsenal fit to me, I fit to the club'

Granit Xhaka says he is settling quickly at Arsenal because he...
3h ago from Arsenal.com

Paul Pogba's £100m transfer to Manchester United is...

Paul Pogba's £100m transfer to Manchester United is 'completely crazy',...
4h ago from DailyMail.co.uk

Report: West Ham United to battle Arsenal, Barcelona...

West Ham United face competition from Arsenal and Barcelona over the...
5h ago from SportsMole.co.uk

Comments

Hottest News

German GP Qualifying Results

The full German Grand Prix qualifying results,... Read More »
12h ago from ThisIsF1.com

Mind the eggshells, Lewis missed pole

Losing pole position in Germany happens to 21... Read More »
1h ago from Formula1Blog.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.