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 »
2y 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...
2y ago from GrandPrix247.com

Ecclestone happy if struggling teams collapse

Bernie Ecclestone has issued a stinging warning to struggling F1 teams....
2y ago from GrandPrix.com

Not enough done on reducing costs – Kaltenborn

Sauber team-principal Monisha Kaltenborn hit out at attempts made so far...
2y 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...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Smith happy with KTM testing pace

KTM’s 2017 rider Bradley Smith says that he’s delighted with the...

Smith undergoes surgery after Oschersleben Endurance...

MotoGP star Bradley Smith looks likely to miss next weekend’s...
1d ago from BikeSportNews.com

MotoGP: Smith awaiting scan results on knee injury

Monster Yamaha Tech 3 rider Bradley Smith is awaiting the results of an...

Grab a pillion ride with Mamola at MotoGP Silverstone

You can be Mamola's topbox and raise money for Two Wheels For Life as well
1d ago from BikeSportNews.com

Popular On IndyCarToday.com

INDYCAR: Firestone clarifies Texas tire allotment

Firestone has clarified the allotment of tires to all teams for Saturday...
1d ago from Racer.com

INDYCAR: Three cars in scary pit lane crash

Alexander Rossi, Charlie Kimball, and Helio Castroneves walked away from...
5d ago from Racer.com

VIDEO: Close shave for Castroneves

Helio Castroneves has escaped injury after a pitlane crash which involved...
2d ago from SpeedCafe.com

IndyCar reveals 17-race 2017 calendar

– IndyCar officials have revealed an expanded 17-race 2017...
1d ago from GPUpdate.net

Popular On TotalWRC.com

Red Bull Global Rallycross season resumes in Atlantic...

Two new entries join the Supercar grid to produce a season-high of 13...
5h ago from Motorsport.com

Mikkelsen: It still felt like a victory

Fourth in Germany but Mikkelsen remains positive
1d ago from WRC.com

Lappi breaks silence over Toyota rumours

Talks have taken place at Toyota's rally base
3d ago from WRC.com

Germany driver report: part 2

Advertising Thierry Neuville (Hyundai i20) Result: 3rdA podium finish...
2d ago from WRC.com

Popular On GunnersToday.com

Hull City 0-1 Manchester United – KEY MOMENTS

KEY MOMENTS 10’ – IBRAHIMOVIC CLOSE: Martial puts it onto his head...
3h ago from Nastytackle.com

Arsene Wenger confirms Arsenal double swoop for £50m...

Shkodran Mustafi and Lucas Perez £50m double swoop will be completed...
2h ago from DailyMail.co.uk

Watford 3-1 Arsenal – MATCH STATS

MATCH STATS Arsenal become the second team, after Manchester United...
5h ago from Nastytackle.com

'We had a bit of everything today'

 Theo Walcott put in a fine performance in the 3-1 victory against...
5h ago from Arsenal.com

Comments

Hottest News

Qualifying results – F1 2016 Belgian Grand Prix

Below we added full Qualifying results of the... Read More »
9h ago from ThisIsF1.com

Vettel explains Q3 team radio outburst at Spa

Vettel qualified two tenths behind teammate Kimi... Read More »
7h ago from Motorsport.com

Button considering other options in F1 - and elsewhere

Veteran driver Jenson Button is still considering... Read More »
53m ago from F1Pulse.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.