News Details

Cost saving proposals are ridiculous according to Todt

Jean Todt has slammed as "a joke" the initial cost-saving proposals put forward by formula one teams. The powerful 'Strategy Group' teams vetoed the FIA president's plans for mandatory budget caps beginning next year, instead arguing that costs can be alternatively reduced through the sporting and technical regulations. Todt, however, said whilst attending the weekend's Spanish grand prix that the teams' initial proposals were "ridiculous". "We know they have budgets of between 100 and 400 million and the proposal they seem happy with is to reduce by two million," he said. "What was proposed was a joke." Todt said his aim is to see teams' annual spend...
Full Story »
1y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Todt says cost saving suggestions by teams are a joke

FIA president Jean Todt has labeled as 'a joke' the initial cost-saving...
1y ago from GrandPrix247.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

Todt: Cost cutting ideas a joke

Red Bull/Getty Images FIA president Jean Todt says that the cost cutting...
1y ago from F1Zone.net

Todt blasts teams over 'joke' cost cut proposals

FIA president Jean Todt has called the suggestions to reduce spending put...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Accusing Dorna of favouring Spaniards...

Tech 3 Yamaha boss Herve Poncharal discusses the explosive finale to the...
4h ago from Motorsport.com

Two more years or retirement - Rossi

Valentino Rossi has said that he will either remain in motogp for two...
3h ago from SuperSport.com

Di Meglio undergoes surgery after testing crash

Aprilia test rider Mike di Meglio has undergone surgery on his right elbow...
5h ago from Motorsport.com

Dramatic track debut 2016 Aprilia MotoGP RS-GP crashed...

Dramatic track debut 2016 Aprilia MotoGP RS-GP crashed its first laps at...
16h ago from MotoGPFanatic.com

Popular On IndyCarToday.com

INDYCAR: Aero comparo views

Direct comparison views of the new aero pieces debuting this week in...
20h ago from Racer.com

IndyCars tougher than ever to drive in 2016, says...

Team Penske’s Simon Pagenaud is impressed with the increased downforce...
1d ago from Motorsport.com

INDYCAR: Herta open to second Indy 500 entry

Bryan Herta says that he is hoping to run a second car for this year's...
16h ago from Racer.com

INDYCAR: Chilton encouraged after first test

New Chip Ganassi Racing driver Max Chilton turned his first laps in an...
1d ago from Racer.com

Popular On TotalWRC.com

Bertelli withdraws from Rally Sweden, angry at...

World Rally Championship driver Lorenzo Bertelli has withdrawn from...
7h ago from Crash.net

Rally Sweden - Leaderboard after SS16

The leading standings after SS16 of the Swedish Rally, the second round...
1h ago from Crash.net

SS10: Mikkelsen makes his move

Norwegian climbs to third
6h ago from WRC.com

SS12: Paddon tears into Ogier lead

Kiwi piles pressure onto Frenchman with stunning drive
4h ago from WRC.com

Popular On GunnersToday.com

Assists and goals the same for a striker, says Wenger

Arsene Wenger is not concerned by Olivier Giroud's recent slump in front...
1h ago from Football365.com

Arsenal midfielder Mesut Ozil emerges as a target for...

The German's contract runs down in 2018 and might not sign a renewal
3h ago from SportsKeeda.com

Will be a disaster if Arsenal don't win league: Ranieri

Can Ranieri lead Leicester to an unlikely Premier League title?
4h ago from SportsKeeda.com

Arsenal in high spirits ahead of title showdown as...

Arsenal in high spirits ahead of title showdown as Arsene Wenger weighs...
1h ago from DailyMail.co.uk

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.