News Details

The end for struggling teams?

F1's last chance to slash costs for struggling teams has now passed. The FIA's World Motor Sport Council met in Munich on Thursday, less than a mere handful of days before the end-of-June deadline for rule changes to be made for 2015 without the near-impossible need for unanimity. With the budget cap proposal already dead in the water, many struggling teams had hoped meaningful cost reductions would be agreed before the final deadline. But the new and powerful 'Strategy Group' - dominated by the most competitive and richest teams - has ceded only a handful of minor measures. They were rubber-stamped by the FIA on Thursday. Engine use has been reduced by one 'power unit' per driver to just...
Full Story »
1y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Is this the end for cash strapped F1 teams?

Formula 1 is very expensive Formula 1′s last chance to slash costs...
1y ago from GrandPrix247.com

Ecclestone happy if struggling teams collapse

Bernie Ecclestone has issued a stinging warning to struggling F1 teams....
1y ago from GrandPrix.com

Not enough done on reducing costs – Kaltenborn

Sauber team-principal Monisha Kaltenborn hit out at attempts made so far...
1y ago from RichlandF1.com

Todt: 'It may be that some teams don't survive '

FIA president Jean Todt has admitted the recent excercise in cost-cutting...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Valentino Rossi wins British MotoGP

Valentino Rossi of Italy moved to the top of the world championship...
15h ago from SuperSport.com

Marquez: Title fight over as floating feel returns

Marc Marquez says his chances of defending his MotoGP crown are...
11h ago from Crash.net

Rossi reclaims title lead amid Silverstone drama

– Yamaha's Valentino Rossi came out on top in a dramatic British...
15h ago from GPUpdate.net

Popular On IndyCarToday.com

Dixon Steals the Win and Championship in Sonoma

Some slick pit work and strategy vaulted Scott Dixon up into the lead,...

Peerless Dixon beats Montoya to IndyCar crown

– For the fourth time in his storied career, Scott Dixon has won...
4h ago from GPUpdate.net

IndyCar: Overnight engine change for championship...

Rahal Letterman Lanigan Racing's Graham Rahal will go into today's...
10h ago from Racer.com

Scott Dixon wins IndyCar title in Sonoma thriller

Star New Zealander Scott Dixon has claimed his fourth IndyCar Series...
5h ago from SpeedCafe.com

Popular On TotalWRC.com

Lefebvre's WRC return on Tour de Corse

Frenchman gets a second World Rally Car outing on asphalt
18h ago from WRC.com

F1 ace Jenson Button tests Mini and VW Beetle...

Formula 1 star Jenson Button tested rallycross cars at Lydden Hill today...
4d ago from Motorsport.com

Loeb says WRC return not in his plans

Sebastien Loeb says that a return to the WRC is not part of his plans,...
3d ago from Motorsport.com

Meeke: 'I have to continue working'

Brit counting on an error-free Australia
2d ago from WRC.com

Popular On GunnersToday.com

Manchester United launch £36.4m bid for Ligue-1...

Manchester United have made a £36.4million (50million) bid for Monaco...
26m ago from FootballFancast....

Arsenal Target Julian Draxler Set For Wolfsburg Switch

It has been reported that Schalke chief Horst Heldt says Juventus have...
1h ago from Nastytackle.com

Arsenal Target Karim Benzema Determined To Help Real...

It has been revealed that Real Madrid striker Karim Benzema was delighted...
46m ago from Nastytackle.com

Arsenal midfielder FIRES back at critics, says 'it’s...

Arsenal midfielder Aaron Ramsey says he feels criticism of the team has...
5h ago from CaughtOffside.com

Comments

comments powered by Disqus

Hottest News

2016 Grid Predictions – Who will be where next year?

Who will be driving where in the 2016 season is a... Read More »
15h ago from F1.co.uk

It's not Kimi's ‘blue eyes and blonde hair'

I have to admit that I found Motorsport's article... Read More »
8h ago from Formula1Blog.com

Welcome back Renault, it's been a while

It's been a while since Renault were a full works... Read More »
1d 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.