News Details

F1 teams 'open' to solution

Formula 1 may avoided a crisis after F1's smaller teams walked away from Thursday's meeting having agreed to look over a proposal from the Strategy Group. On Thursday, the 11 teams met with F1 chief Bernie Ecclestone and FIA president Jean Todt bosses at Biggin Hill airport in London. The meeting was called after F1's smaller teams wrote a strongly worded letter to Todt having been told that the sport's Strategy Group - comprising Red Bull, Ferrari, McLaren, Mercedes, Lotus and Williams - had put the brakes on a budget cap. In the letter, the teams stated that the Strategy Group may have breached Europe's competition laws leading to reports that the European Union was...
Full Story »
9mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

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

Formula 1′s smaller teams want reassurance on cost cuts 30 April,...
9mo ago from GrandPrix247.com

European Union may investigate Formula 1 business...

European Union may investigate Formula 1 business methods 28 April, 2014...
10mo ago from GrandPrix247.com

Teams meet to discuss cost-cutting

Jean Todt's hopes of a cost cap were vetoed by the teams in the Strategy...
9mo ago from espnF1.com

F1 to debate cost saving measures on Thursday

Formula 1 chiefs are hopeful that a raft of changes over the next three...
9mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

VIDEO: Iannone - The Ducati is fantastic!

Andrea Iannone has high hopes for the 2015 MotoGP World Championship...
1d ago from Crash.net

Miller: We need to work on saving tyres

Jack Miller's promotion to MotoGP has set tongues wagging up and down the...
19h ago from MotorcycleNews.c...

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...

Lorenzo fall offers peak inside Yamaha M1

Jorge Lorenzo's fast accident at Thursday's Michelin MotoGP test resulted...
2d ago from Crash.net

Popular On TotalWRC.com

Rally Mexico: Sky-high round for the DS 3 WRCS

At close to 2,800 metres above sea level, the Citroën Total Abu Dhabi...
19h ago from Motorsport.com

Rally Mexico: Event timetable

Complete event timetable for Rally Mexico, the third round out of 13 in...
16h ago from Crash.net

Hyundai to introduce engine upgrade in Mexico

Mexico poses a unique challenge to WRC teams with altitudes reaching up...
22h ago from WRC.com

Neuville relishes Rally Mexico return

Thierry Neuville is targeting a podium finish for the third year in a row...
22h ago from Crash.net

Popular On GunnersToday.com

Arsene Wenger: You can't blame Olivier Giroud

Olivier Giroud unquestionably had one of his worst games in an Arsenal...
2h ago from AllArsenal.com

Arsenal, Tottenham…who will buckle?

It’s shaping up to be one of the most enticing battles in the Premier...

REVEALED: Arsenal Players Have Never Seen Wenger So...

Reports are out claiming that Arsenal boss Arsene Wenger steamed into his...
6h ago from Nastytackle.com

Giroud aims to recover from Monaco embarrassment

Arsenal striker Olivier Giroud has vowed to bounce back from his...
2h ago from Football.co.uk

Comments

comments powered by Disqus

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.