News Details

F1 cost cap set to be dropped

The proposed cost cap for F1 is going to be dropped due to the objections of a number of teams, says FIA president Jean Todt.Following a meeting of the F1 Strategy Group – made up of the FIA (six votes), commercial rights holder (six votes) and six teams – in Paris in December last year, it was announced that a cost cap would be implemented in 2015, with the plans being firmed up in February when Todt, Bernie Ecclestone and the teams “unanimously agreed that cost reduction and cost control regulations will be presented to the WMSC in June 2014 for introduction in January 2015.”However, Todt said on Sunday in Bahrain that he is no longer able to deliver on those plans due to all six...
Full Story »
3y ago from Crash.net 0
Share

You May Also Be Interested In...

FIA to abandon cost cap plans - Todt

Mercedes AMG Petronas The FIA has abandoned plans to introduce a cost cap...
3y ago from F1Zone.net

Cost reduction through rules sought as F1 cost cap...

Cost reduction through rules sought as F1 cost cap unlikely to happen 7...
3y ago from GrandPrix247.com

Formula 1 cost cap plan scrapped, but was it ever on?

Plans for Formula 1 to introduce a cost cap from 2015 onwards have been...
3y ago from RichlandF1.com

Formula 1 abandons cost-cutting plans

– Formula 1's plans for a cost cap from 2015 have been scrapped,...
3y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Valencia MotoGP test: Yamaha have a lot of work do,...

Rossi believes Yamaha have got to come up with something new to fix their...
4d ago from BikeSportNews.com

Redding ‘expected easier switch’ to Aprilia at...

Redding spent two days getting used to Aprilia's MotoGP RS-GP but admits...
3d ago from BikeSportNews.com

Valencia MotoGP test: 2018 RC213V ‘special'...

Crutchlow, Marquez and Pedrosa got a brand new RC213V for the Valencia...
5d ago from BikeSportNews.com

Valencia MotoGP test: Yamaha use seven M1s to choose...

Yamaha had seven YZR-M1s in their works garage on day one of MotoGP...
6d ago from BikeSportNews.com

Popular On IndyCarToday.com

Podcast: Dale Coyne on his life and IndyCar career

A special place is reserved for Dale Coyne among the eight Verizon...
15h ago from Racer.com

Indy contenders welcome Danica's 500 return

Page 1 of 2 Danica Patrick can expect a warm welcome from some of...
10h ago from Racer.com

Patrick to close career with Daytona, Indy in 2018

Danica Patrick broke down in tears as she confirmed 2017 was her last...
3d ago from Racer.com

Ganassi confirms Daytona, Indy talks with Patrick

Michael Andretti, Bobby Rahal and Roger Penske aren't interested in...
3d ago from Racer.com

Popular On TotalWRC.com

Tanak admits he lost title shot chasing wins

Toyota-bound M-Sport driver Ott Tanak has admitted focusing too much on...
16h ago from EuroSport.com

Double top for Tänak!

Double top for Tänak! Ott Tänak rounded off his most successful WRC...
19h ago from WRC.com

In pictures: WRC Gala Awards

In pictures: WRC Gala Awards After three days of mud-spattered, flat-out...
12h ago from WRC.com

Thierry Neuville signs off WRC season with Rally...

Thierry Neuville signed off the World Rally Championship 2017 season with...
22h ago from MotorsportWeek.c...

Popular On GunnersToday.com

5 of the most overrated players still plying their...

The Premier League is the most popular football league in the world,...
1h ago from SportsKeeda.com

Arsenal vs Tottenham – 5 players who would be...

Tottenham Hotspur has been one of the top sides in the English Premier...
1h ago from SportsKeeda.com

Alexis Sanchez is the LeBron James of the Premier...

Alexis Sanchez is the LeBron James of the Premier League according to...
1h ago from DailyStar.co.uk

Arsenal still kings of north London but Tottenham are...

Arsenal still kings of north London but Tottenham are catching up - Nigel...
2h ago from DailyStar.co.uk

Comments

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.