News Details

Todt: Cost cutting ideas a joke

Red Bull/Getty Images FIA president Jean Todt says that the cost cutting proposals put forwards by the Formula 1 teams are a 'joke'. Todt summoned a meeting of Formula 1's 11 teams earlier in the month following the apparent abandonment of the idea of a cost cap. Ideas proposed included a tyre warmer ban and the introduction of more standard specification parts, but Todt does not believe that such changes will be sufficient. "My advice was make a contribution as to how we reduce the costs," Todt said. "We know they have budgets of between $100 and $400 million, and the proposal they seem happy with is to reduce by $2 million, which is ridiculous. "When we speak about...
Full Story »
1y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Teams must agree to cost-cutting rules - Todt

May 7, 2014 .- Jean Todt insists his hands are tied after F1's most...
1y ago from F1Plus.com

Teams' cost-cutting plans 'a joke' - Todt

Getty Images Enlarge FIA president Jean Todt has branded the...
1y ago from espnF1.com

Cost cut plans from teams 'a joke' – Todt

FIA president Jean Todt has branded cost cutting proposals put forward by...
1y ago from RichlandF1.com

Teams must agree to cost-cutting rules says Todt

Jean Todt insists his hands are tied after F1's most powerful teams vetoed...
1y ago from GrandPrix.com

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi: “I didn‘t feel very well on the bike”

Valentino Rossi struggled on the opening day of practice at the Octo...
5h ago from MotoGP.com

MotoGP Silverstone: Lorenzo quickest in FP2; Smith...

Movistar Yamaha’s Jorge Lorenzo set the pace in the second MotoGP free...
7h ago from BikeSportNews.com

MotoGP in 4K Ultra High Definition

Dorna Sports, in conjunction with BT Sport, are set to show the Octo...
5h ago from MotoGP.com

Rossi playing catch-up at Silverstone

Having warned of the dangers of giving team-mate and title rival Jorge...
5h ago from Crash.net

Popular On IndyCarToday.com

Video: IndyCars cross Golden Gate Bridge

No description available...
13h ago from GPUpdate.net

Wheldon Pro-Am Karting event to honor Wilson

The Dan Wheldon Memorial Pro-Am Karting Challenge announced that the...
1h ago from Racer.com

Servià to drive Wilson's car at Sonoma

– Oriol Servià will drive Justin Wilson's Andretti car at this...
15h ago from GPUpdate.net

On Track This Week 2015 - Round 16 - Season Finale -...

This weekend finds us in the serene rolling vineyard lined hills of...

Popular On TotalWRC.com

Meeke: 'I have to continue working'

Brit counting on an error-free Australia
9h ago from WRC.com

F1 ace Jenson Button tests Mini and VW Beetle...

Formula 1 star Jenson Button tested rallycross cars at Lydden Hill today...
2d ago from Motorsport.com

Loeb says WRC return not in his plans

Sebastien Loeb says that a return to the WRC is not part of his plans,...
1d ago from Motorsport.com

Lefebrve handed second Citroen WRC outing

Stephane Lefebvre has been handed his second opportunity in the WRC with...
9h ago from Crash.net

Popular On GunnersToday.com

Arsenal plot move for in demand £11.5m star

A defender doesn't seem like a high priority this summer, but that hasn't...
2h ago from AllArsenal.com

THREE Transfers Arsenal Are In Talks To Complete...

Arsene Wenger will want to complete some deals before the transfer window...
5h ago from FreshArsenal.com

Three Karim Benzema alternatives for Arsenal to...

Three Karim Benzema alternatives for Arsenal to consider BEGIN GALLERY...

Football transfer rumours for August 28, 2015

Manchester City are closing in on Kevin De Bruyne’s deal and it is...
3h ago from SportsKeeda.com

Comments

comments powered by Disqus

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.