News Details

'Formula 1 needs solid business model'

– Formula 1 needs to produce a 'solid business model for the future' or else the sport could find itself with only four teams, Lotus Deputy Team Principal Federico Gastaldi has warned.His comments come ahead of the Canadian Grand Prix this weekend and in the wake of a meeting of the all teams last month and the Strategy Group where the issue of cost control was again discussed.Although all the teams have voiced their opinions recently - and were quizzed on the matter in the FIA team representatives' press conferences in both Monaco and Spain, Gastaldi has now reiterated just how important it is that something is done. He also believes it would be 'beneficial for all'."There are...
Full Story »
9y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Gastaldi: It’s been a tough, tough start to the year

Lotus deputy team principal Federico Gastaldi looks at his inbox and...
9y ago from GrandPrix247.com

Gastaldi admits Monaco ‘a cruel blow’ for Maldonado

Lotus deputy team principal Federico Gastaldi believes that the Enstone...
9y ago from Crash.net

Haas: The plan is absolutely to launch in 2016

xt">Gene Haas Gene Haas has confirmed reports his new Formula 1...
9y ago from GrandPrix247.com

What is next for Sauber?

May 28, 2014 (F1plus/Katie Grimmett).- Sauber is a name synonymous with...
9y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal face huge Premier League competition for Real...

Whether or not Arsenal go on to win their first Premier League title in 20...
2h ago from CaughtOffside.com

Ex-Arsenal & Man Utd star RVP in advanced talks...

Former Arsenal and Manchester United striker Robin van Persie is in...
32m ago from CaughtOffside.com

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.