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 Assen: Sunday times and race results

All the results from the Dutch GP
1h ago from BikeSportNews.com

Lorenzo: Assen qualifying was like “riding on ice or...

Reigning MotoGP champion Jorge Lorenzo says his Assen qualifying struggles...
16h ago from Motorsport.com

Dovizioso “lucky” to follow Rossi on crucial pole...

Dutch MotoGP pole winner Andrea Dovizioso admitted he was “lucky” to...
18h ago from Motorsport.com

Dovizioso takes pole at damp Assen

– Ducati's Andrea Dovizioso claimed his first pole position of the...
19h ago from GPUpdate.net

Popular On IndyCarToday.com

INDYCAR: Tire conservation key for Road America

A combination of Road America's endless run of long and fast corners and...
11h ago from Racer.com

IndyCar Makes a Power-ful Return to Racing at Road...

With the track temperature it's hottest yet for the weekend so far, and a...

Kanaan leads Ganassi 1-2 in third practice at Road...

Tony Kanaan left it until the final seconds of the session to edge his...
14h ago from Motorsport.com

Veach wins, Stoneman and Urrutia penalized

Zach Veach left all the dramas behind him, racing his Belardi Auto Racing...
13h ago from Motorsport.com

Popular On TotalWRC.com

Paddon targets Poland bounce back

Kiwi keen to put recent disappointment behind him
23h ago from WRC.com

Craig Breen and Stéphane Lefebvre to represent Abu...

Winners of Rally de Portugal with Kris Meeke and Paul Nagle, the Abu Dhabi...
1d ago from Motorsport.com

Ogier draws 'additional strength' from fatherhood

Will Tim make the champ even faster?
1d ago from WRC.com

Hyundai Motorsport targets podium at fast and furious...

Hyundai Motorsport is ready to challenge for another podium result in...
1d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal captain Mikel Arteta to work with Pep...

GETTY PEP'S PAL: Mikel Arteta is moving to Manchester City to work under...
50m ago from DailyStar.co.uk

Arsenal boss Arsene Wenger eying five superstars in...

GETTY WANTED: Arsene Wenger wants to sign Borussia Dortmund pair...
50m ago from DailyStar.co.uk

Arsenal's 4-2-3-1 starting XI: How they could line up...

RSENAL supporters will be demanding the club push on next season after...
3h ago from DailyStar.co.uk

Arsenal Transfer Shock: Wenger to hold talks with West...

ARSENE WENGER is reportedly gearing up for a transfer battle in order to...
9h ago from Express.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.