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F1 cost cutting to hit high gear in June

F1's cost-saving efforts will shift into a higher gear in the month of May. Ever since the powerful 'Strategy Group' teams nixed plans for a mandatory budget cap, the tension with the angry and disenfranchised small teams has been palpable. FIA president Jean Todt wants to lock in some cost-saving regulations for 2015, but the final deadline is the end of June. A few days before that, in just three weeks from now, the World Motor Sport Council would have to rubber-stamp any proposals. So far, little progress has been made. "I would think so far we've probably saved about 10,000 euros, but we're going in the right direction," said Christian Horner, boss of the big-spending reigning...
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2y ago from GrandPrix.com 0
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