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 »
11mo 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,...
11mo ago from GrandPrix247.com

European Union may investigate Formula 1 business...

European Union may investigate Formula 1 business methods 28 April, 2014...
11mo 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...
11mo 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...
11mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Finding speed key for Lorenzo

After finishing fifth in the opening three races of the season Jorge...

Marquez in doubt for Jerez after finger surgery?

Reigning double MotoGP champion Marc Marquez has undergone surgery after...
19h ago from Crash.net

Redding looks for setup solutions in Spain

Scott Redding took a step back in Argentina with the Marc VDS rider...
12h ago from MotorcycleNews.c...

Marquez breaks finger in training crash

REPSOL Honda rider Marc Marquez fractured his little finger of...
1d ago from VisorDown.com

Popular On IndyCarToday.com

Mick Schumacher wins third-ever car race in German F4

Mick Schumacher, the 16-year-old son of seven-time Formula 1 World...
6h ago from Motorsport.com

Vaxiviere beats de Vries after dramatic last lap clash

Matthieu Vaxiviere won the second Formula Renault 3.5 race at Aragon after...
7h ago from Motorsport.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
22h ago from GPUpdate.net

Alabama: Qualifying results

Castroneves on pole as qualifying beats the storms Qualifying times Round...
22h ago from Crash.net

Popular On TotalWRC.com

Kris Meeke dedicates maiden WRC win to Colin McRae

Citroen’s Kris Meeke finally claimed his maiden WRC victory in...
4h ago from Motorsport.com

Hyundai Motorsport fights to fifth and scores Power...

Hyundai Motorsport has salvaged a top-five finish from an extremely tough...
2h ago from Motorsport.com

Rally Argentina WRC: Result

Result for the fourth round of the 2015 FIA World Rally Championship...
4h ago from Crash.net

BREAKING NEWS: Meeke nets maiden win

The Northern Irishman led home team-mate Mads Østberg by 18.1sec after...
4h ago from WRC.com

Popular On GunnersToday.com

Arsenal vs Chelsea – Player Ratings

It was a case of attack vs defence, as Chelsea sat back to control...
2h ago from SportsKeeda.com

Thierry Henry hits out at Olivier Giroud and Mesut...

Thierry Henry has launched a scathing attack on the quality of the...
2h ago from Telegraph.co.uk

Arsenal vs Chelsea: player ratings

ARSENAL David Ospina - Extremely fortunate both to remain on the pitch...
1h ago from Telegraph.co.uk

Cesc Fabregas: I DIDN'T dive against Arsenal

ADAMANT: Fabregas insists he didn't dive against Arsenal [GETTY]...
2h ago from DailyStar.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.