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

Marquez ready for unpredictable Silverstone

MotoGP World Championship leader Marc Marquez believes that at Silverstone...
12h ago from SuperSport.com

Smith will need further surgery on leg injury

Bradley Smith says the knee injury that has ruled him out of this...
18h ago from Motorsport.com

‘I’m going to have a go’ says Lowes ahead of...

Britain’s Alex Lowes will make his competitive MotoGP debut at...
22h ago from BikeSportNews.com

Smith apologises to home fans for absence

– Tech 3 Yamaha rider Bradley Smith has issued an apology to...
22h ago from GPUpdate.net

Popular On IndyCarToday.com

Enerson gets Dale Coyne seat for last races

– RC Enerson will return to Dale Coyne Racing for the final two...
1h ago from GPUpdate.net

PRUETT: Painting the IndyCar points picture

The hunt for the 2016 Verizon IndyCar Series championship has come down...
19h ago from Racer.com

VIDEO: Firestone 600 highlights

Still catching your breath from Saturday night's Firestone 600 at Texas...
13h ago from Racer.com

INDYCAR: Negrao, Urrutia, Veach set for Sonoma test

The final test during the season will take place on Sept. 8 at Sonoma...
16h ago from Racer.com

Popular On TotalWRC.com

Solberg will contest French World RX round after...

Reigning World Rallycross champion Petter Solberg, who was involved in a...
22h ago from Motorsport.com

Smeets named new VW Motorsport boss

Belgian gets top job following Capito's departure
21h ago from WRC.com

Volkswagen appoints Smeets to replace McLaren-bound...

Volkswagen has appointed former WRC co-driver Sven Smeets as its new...
1d ago from Motorsport.com

Scheider set for World Rallycross return in Barcelona

Audi DTM driver Timo Scheider is set to compete for All-Inkl.com Munnich...
1d ago from Motorsport.com

Popular On GunnersToday.com

Done deal: Arsenal officially confirm move for another...

The 21-year-old defender becomes the latest addition to Aitor Karanka's...
1h ago from ArsenalFever.com

Striker and defender arrive as the departure lounge...

Well, yesterday turned out to be a busy day. A strange day at times, but...
1h ago from Arseblog.com

The purchase of Shkodran Mustafi is a significant move...

N FC answer your latest tweets on Juventus, Mustafi and Arsenal's title...
2h ago from ESPNFC.co.uk

The Sweeper: Wilshere's available

FC's Alexis Nunes presents The Sweeper where Jack Wilshere may leave on...
7h ago from ESPNFC.co.uk

Comments

Hottest News

Perez hints news about future imminent

News about Sergio Perez's future may now be... Read More »
2h ago from ThisIsF1.com

Mad Max – ‘Someone would have put him in a tree’

Considering how much paperwork the FIA must have... Read More »
17h ago from F1.co.uk

Wolff denies Manor now ‘Toto Rosso’

Toto Wolff has played down claims he is turning... Read More »
3h ago from ThisIsF1.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.