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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...
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11mo ago from GrandPrix247.com 0
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