News Details

Formula 1 cost cutting set to take centre stage in June

Is Formula 1 wasting money down the drain? Formula 1′s cost cutting and money saving lobby are about to shift into a higher gear in June and beyond, with smaller teams coming up against the grandees in an effort to keep the sport affordable. 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...
Full Story »
2y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

F1 cost cutting to hit high gear in June

F1's cost-saving efforts will shift into a higher gear in the month of...
2y ago from GrandPrix.com

Wolff says cost cutting in F1 cannot be policed

Toto Wolff Mercedes motorsport boss Toto Wolff is adamant that cutting...
2y ago from GrandPrix247.com

Cost cutting in F1 cannot be policed claims Wolff

Toto Wolff Mercedes motorsport boss Toto Wolff is adamant that cutting...
2y ago from GrandPrix247.com

Coulthard: Mercedes tension brilliant for F1

– Ex-Formula 1 driver turned commentator David Coulthard has...
2y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Honda set to struggle in Austria

Honda’s winning streak of recent rounds may well come to a end when...

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

Lorenzo says Red Bull Ring's Turn 2 "very...

Jorge Lorenzo has voiced concerns with the Red Bull Ring’s Turn 2 ahead...
2d ago from Motorsport.com

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

Popular On IndyCarToday.com

Pagenaud on top in Mid-Ohio qualifying

– Simon Pagenaud claimed another pole position on Saturday, this...
3h ago from GPUpdate.net

"What They're Saying" from Honda Indy 200 at...

The 2016 championship leader hustled his car around the 2.258-mile...
5h ago from Motorsport.com

Target to cut Chip Ganassi Indy backing

One of the longest serving sponsorships in IndyCar history will come to an...
8h ago from SpeedCafe.com

Pagenaud edges Power to grab sixth pole of the year

Simon Pagenaud produced a brilliant record-setting 63.87sec lap to beat...
8h ago from Motorsport.com

Popular On TotalWRC.com

WRC to stay in the home of rallying

Advertising Finland is seen as the spiritual home of rallying, and the...
9h ago from WRC.com

Hyundai Motorsport drivers in fierce fight for fourth...

Hyundai Motorsport has two New Generation i20 WRC cars inside the top-six...
9h ago from Motorsport.com

Mighty Meeke closes on Finland win

Advertising The Northern Irishman [above] more than doubled his lead over...
10h ago from WRC.com

Meeke in control in Finland

Kris Meeke strengthened his lead on the penultimate day of the Rally of...
8h ago from SuperSport.com

Popular On GunnersToday.com

Arsenal could make a shock £16million bid for Jonny...

Arsenal could make a shock £16million bid for West Brom's Jonny Evans as...
4h ago from DailyMail.co.uk

'Arsenal fit to me, I fit to the club'

Granit Xhaka says he is settling quickly at Arsenal because he...
5h ago from Arsenal.com

Paul Pogba's £100m transfer to Manchester United is...

Paul Pogba's £100m transfer to Manchester United is 'completely crazy',...
6h ago from DailyMail.co.uk

Wenger discusses the transfer market

Arsène Wenger discussed transfers at his press conference at the...
5h ago from Arsenal.com

Comments

Hottest News

German GP Qualifying Results

The full German Grand Prix qualifying results,... Read More »
14h ago from ThisIsF1.com

Mind the eggshells, Lewis missed pole

Losing pole position in Germany happens to 21... Read More »
3h ago from Formula1Blog.com

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.