News Details

Small teams told to come up with cost cutting ideas

The four small teams - Sauber, Force India, Marussia and Caterham - have been told to come up with their own suggestions in terms of cost cutting.While little is understood to have come out of yesterday's meeting at Biggin Hill, it is understood that the threat of the European Union becoming involved in the sport once again has left several of the big teams, and the FIA, not to mention CVC, somewhat 'rattled'.Ahead of a further meeting in Monaco, the representatives of the eleven teams, Bernie Ecclestone and Jean Todt, the four small teams expressed their anger and frustration at how the F1 Strategy Group was able to ride rough-shod over plans to introduce a cost cap in 2015 and the FIA's...
Full Story »
1y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort...
1y ago from PlanetF1.com

Teams meet to discuss cost-cutting

Jean Todt's hopes of a cost cap were vetoed by the teams in the Strategy...
1y ago from espnF1.com

F1 set for cost-cutting talks

The F1 teams will meet on Thursday to discuss ways to curb rising costs...
1y ago from PlanetF1.com

Cost-cutting on the agenda again

Several of the smaller teams in Formula One want the FIA to produce...
1y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Redding: 2016 'make or break' year

– Pramac rider Scott Redding has described 2016 as a "make or...
5h ago from GPUpdate.net

No reason not to have two MotoGPs in Australia

A second Australian circuit could join the MotoGP calendar in the near...
3h ago from Crash.net

Winning in MotoGP ‘possible’ says Ducati’s...

The Octo Pramac man believes the unified electronics gives everyone more...
6h ago from BikeSportNews.com

Popular On IndyCarToday.com

Robin Miller's Mailbag for February 10, presented by...

Page 1 of 7 Welcome to the Robin Miller Mailbag as presented by Honda...
1h ago from Racer.com

Helio Castroneves: “Trust me, Phoenix is going to be...

All four Team Penske drivers ended the Chevrolet test at Phoenix...
22h ago from Motorsport.com

INDYCAR: Gallagher & Co. backing for Chilton

International insurance brokerage and risk management services firm...
14m ago from Racer.com

INDYCAR: High hopes at Foyt after engineering revamp

Larry Foyt is optimistic that a reinforced engineering group and the...
17h ago from Racer.com

Popular On TotalWRC.com

Ford RS – The Legend Continues

Enthusiasts have loved Ford RS branded vehicles for decades. Now, with...

Mikkelsen: ‘Win removed stress'

The Volkswagen driver starts this week’s Rally Sweden with the pressure...
2h ago from WRC.com

ERC: Rally Liepaja returns in September, switches to...

European Rally Championship s Rally Liepaja has secured a reschedule date,...
2h ago from Crash.net

Scandinavians vs the world in Sweden's WRC 2 clash

However to do that they'll first have to get past the distinctly non...
22h ago from WRC.com

Popular On GunnersToday.com

JG Easter fun day

 Are you a Junior Gunner aged between four and seven years old? Then...
2h ago from Arsenal.com

Chinese club to rival Arsenal and Chelsea to Premier...

GETTY Payet has caught the eye of both Chelsea and Arsenal The Hammers...
2h ago from Express.co.uk

Emirates star: This is my pledge to Arsenal

GETTY STAR: Laurent Koscielny is enjoying his best season yet Koscielny...
3h ago from DailyStar.co.uk

Lille Slap £15M Price Tag For Arsenal Target Sofiane...

According to the French club's sporting director Jean-Michel Vandamme,...
10h ago from Nastytackle.com

Comments

Hottest News

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.