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 »
2y 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...
2y 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...
2y 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...
2y ago from RichlandF1.com

Formula 1 abandons cost-cutting plans

– Formula 1's plans for a cost cap from 2015 have been scrapped,...
2y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Mamola column: Why Rossi needs to watch his manners

In his latest column for Motorsport.com, former 500cc star Randy Mamola...
12h ago from Motorsport.com

Rossi already thinking about staying in MotoGP after...

Valentino Rossi has admitted that he is already thinking about extending...
18h ago from Motorsport.com

MotoGP: Hayden back in the points once again

Nicky Hayden has completed his pre-race goal of scoring points in yet...
12h ago from MotorcycleNews.c...

MotoGP Aragon: ‘Jorge's wrong' - Crutchlow...

More handbags as Crutchlow wades into Rossi and Lorenzo drama
3d ago from BikeSportNews.com

Popular On IndyCarToday.com

SPRINT CAR: Bryan Clauson Racing to continue racing

Bryan Clauson Racing will keep trying to park it in Victory Lane. Bryan...
4h ago from Racer.com

Honda: “IndyCar’s 2018 engine-led formula is...

Honda Performance Development’s president, Art St. Cyr says that...
1d ago from Motorsport.com

INDYCAR: Rayhall aims for open-wheel opportunity

Georgia native Sean Rayhall has found a happy home in the world of...
13h ago from Racer.com

MILLER: IndyCar's waiting room

While we wait to see where Tony Kanaan, Juan Montoya, Carlos Munoz and...
1d ago from Racer.com

Popular On TotalWRC.com

VIDEO: Hyundai customer teams get i20 R5 testing...

Hyundai Motorsport's customer teams have started testing with the i20...
16h ago from TheCheckeredFlag...

VIDEO: Citroën C3 WRC 2017 gravel test

Citroën's 2017 FIA World Rally championship challenger the C3 WRC has...
16h ago from TheCheckeredFlag...

Fresh look to Corsica asphalt encounter

Longer and tougher route for island classic
17h ago from WRC.com

Østberg makes it 100 WRC starts at Tour de Corse

Mads Østberg will make his one-hundredth start in the FIA World Rally...
20h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Nani: Wenger gave Arsenal style

reflects on Arsene Wenger's contributions to Arsenal and how the coach...
1h ago from ESPNFC.co.uk

4-2-3-1: This is the XI Wenger should pick to...

We at Football FanCast are brimming with excitement ahead of Wednesday's...

Arsenal star sends heartfelt message to teammates and...

Arsenal summer signing Granit Xhaka has reached out to his teammates and...
5h ago from CaughtOffside.com

Vardy reveals all on Arsenal snub: Leicester star...

The Foxes striker bagged a stunning 24 Premier League goals last season,...
5h ago from Express.co.uk

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.