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

Redding on a problem solving mission at MotoGP Mugello

Britain’s Scott Redding is on a mission to solve his front-end grip...
3h ago from BikeSportNews.com

Hayden: Mugello is incredible

Nicky Hayden heads to this weekend's Italian MotoGP fresh from his first...
4h ago from Crash.net

Pedrosa Blog: Looking forward to Mugello

I’m excited to go to Italy, but I need to be careful after the last...
6h ago from MotoGP.com

Pedrosa: Arm better than expected

An early fall at Le Mans scuppered any chance of a strong race result,...
4h ago from Crash.net

Popular On IndyCarToday.com

Daly to replace Hinchcliffe for Detroit

– Conor Daly will remain in IndyCar after Schmidt Peterson...
2h ago from GPUpdate.net

IndyCar: Daly confirmed for SPM's No. 5 for Detroit...

As RACER first reported on Monday, Conor Daly was the insider to fill in...
1h ago from Racer.com

Montoya presented with $2.4 million Indy cheque

Team Penske driver Juan Pablo Montoya has been presented with a $2.4...
11h ago from SpeedCafe.com

Video: Indianapolis 500 highlights

No description available...
1d ago from GPUpdate.net

Popular On TotalWRC.com

Fiesta R5 on the cards for Al-Attiyah

Nasser plans car swap for Poland
1h ago from WRC.com

Sordo happy with sixth despite tyre struggles

Dani Sordo says he's happy with sixth place at Rally de Portugal despite...
5h ago from Crash.net

WATCH: Shocking rally crash

Brace yourself, and check out this horrific rally car crash...
1d ago from SkySports.com

WRC team "speechless" after three-hour...

Lorenzo Bertelli's FWRT team was left "speechless" by the...
1d ago from Motorsport.com

Popular On GunnersToday.com

Video: Arsenal trio Ramsey, Mertesacker, Koscielny...

Arsenal stars Aaron Ramsey, Per Mertesacker and Laurent Koscielny have...
3h ago from SportsMole.co.uk

Cazorla watches his FA Cup final free kick

Cazorla rewatched his FA Cup final free kick from last season against...
7h ago from ESPNFC.co.uk

Gnabry called up by Germany Under-21s

Serge Gnabry has been named in Germany's provisional squad for this...
4h ago from Arsenal.com

VIDEO: Arsenal Stars Feature In #ReturnOfTheFan

The end of the Premier League season has passed, leaving us without...
2h ago from FreshArsenal.com

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.