News Details

FIA to tackle cost crisis after F1 teams collapse

With Caterham and Marussia in the throes of oblivion, the FIA has admitted it is concerned about the financial situation in Formula 1. It is believed the next most endangered team on the grid is the Swiss privateer Sauber, whose boss and co-owner Monisha Kaltenborn sounded furious as she spoke to media on Thursday. 'I think the worst part is that we're damaging the sport with this so much that I think the owners of the product of the sport should think what they're doing here,' she said. Kaltenborn insisted that with billions flowing into Formula 1's commercial coffers, it is unacceptable that the sport is 'not capable' of keeping 11 teams alive, 'Now you try to explain that to somebody.'...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Haas: Caterham and Marussia made a lot of mistakes

Gene Haas determined to succeed in F1 As Formula 1's two backmarker teams...
9y ago from GrandPrix247.com

Sutil: 18 car grid 'not enough'

Sauber F1 Team Sauber driver Adrian Sutil says that the demise of...
9y ago from F1Zone.net

Sauber 'disturbed' by state of F1

Sutton Images Enlarge Sauber team principal Monisha Kaltenborn says the...
9y ago from espnF1.com

Swiss company proposes to airlift crashed F1 cars

The Swiss helicopter company Air Zermatt has proposed to remove stranded...
9y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

Aldeguer signs two-year MotoGP deal with Ducati for...

Fermín Aldeguer will make the step up to MotoGP in 2025, having agreed a...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Lundqvist: CGR resources are ‘everything I could...

Linus Lundqvist is one of three rookies contesting the entirety of the...
12h ago from MotorsportWeek.c...

Consistency a top priority for Ericsson at ‘up and...

As Marcus Ericsson enters his sixth year racing in the NTT IndyCar Series,...

Popular On TotalWRC.com

Kenjiro Shinozuka, 1948–2024

Kenjiro Shinozuka, the 1997 Paris–Dakar Rally victor and 2× World Rally...

Popular On GunnersToday.com

Premier League Team of the Season so far - Haaland,...

Sports Mole selects its Premier League Team of the Season so far,...
5h ago from SportsMole.co.uk

Exclusive: Gilberto Silva on Arsenal’s Premier...

Gilberto Silva played 244 times for Arsenal between 2002-2008 and was part...
7h ago from CaughtOffside.com

Man City to face Real in CL quarter-finals while...

Manchester City will face Real Madrid in the Champions League...
5h ago from SkySports.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.