News Details

FIA and teams to meet over cost reductions

– Formula 1 teams will meet with the FIA next month to discuss ways in which costs can be reduced for the sport's competitors. FIA President Jean Todt announced last weekend in Bahrain that plans to introduce a cost cap for teams from 2015 had been abandoned but the sport's governing body remains eager to bring costs under control. At a meeting of the World Motor Sport Council in Morocco, it was agreed that Formula 1's 11 teams would meet with Todt and Formula 1 supremo Bernie Ecclestone in order to discuss financial regulation. There remains the hope that 'substantial' cost reductions will be agreed at the meeting next month, which would then be swiftly ratified by Formula 1's...
Full Story »
2y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

FIA summons F1 teams to cost cutting meeting

The FIA has called an urgent meeting to discuss ways to reduce costs in...
2y ago from TheF1Times.com

FIA calls Formula 1 teams to meeting on costs

Sahara Force India Formula 1 teams have been called to an urgent meeting...
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 must be attractive - Williams

Mercedes AMG Petronas Formula 1 must remain attractive to potential new...
2y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

KTM unveils livery for 2017 MotoGP entry

– KTM has formally unveiled its 2017 MotoGP bike and team during a...
11h ago from GPUpdate.net

KTM reveals MotoGP livery for 2017 season

KTM has officially unveiled the livery it will run during the 2017 MotoGP...

Gallery: Red Bull KTM MotoGP livery

No description available...
7h ago from GPUpdate.net

KTM launches 2017 MotoGP, Moto2 and Moto3 campaigns

KTM and sponsor Red Bull unleash their beasts in MotoGP, Moto2 and Moto3
8h ago from BikeSportNews.com

Popular On IndyCarToday.com

Team Penske restores iconic 'Blue Hilton' transporter

After an exhaustive restoration process, Team Penske has unveiled one of...
3h ago from Racer.com

Bourdais - Reopening tech will widen divide

Sebastien Bourdais warns that IndyCar's move to open additional areas of...
2d ago from Racer.com

KV Racing officially ends IndyCar program

KV Racing has issued statements for the first time confirming the squad...
3d ago from SpeedCafe.com

Smaller IndyCar teams under pressure, Coyne warns

Dale Coyne warns that affordability needs to factor into every decision...
3d ago from Racer.com

Popular On TotalWRC.com

Video: Rally Sweden - Tech Check

Video: Rally Sweden Tech Check
5h ago from WRC.com

Jari-Matti's Swedish quartet

Jari-Matti's Swedish quartet Jari-Matti Latvala's victory at Rally Sweden...
5h ago from WRC.com

Rally Sweden Analysis- Toyota surprise while Neuville...

Rally Sweden was a fairytale event for Jari-Matti Latvala and the brand...

WRC Gallery - Rally Sweden

WRC Gallery - Rally Sweden The Swedish winter delivered a spectacular...
1d ago from WRC.com

Popular On GunnersToday.com

Team news: Lucas starts, Alexis on bench

Arsène Wenger has made seven changes to the team for...
2h ago from Arsenal.com

Manuel Neuer trolls Arsenal with facebook status

Manuel Neuer trolls Arsenal as Bayern Munich keeper jokes Bundesliga draw...
4h ago from DailyMail.co.uk

Sutton BAN Arsenal players from doing this ahead of...

GETTY Alexis Sanchez will not be able to chew his gum if he plays The Sun...
4h ago from DailyStar.co.uk

Negative traits of each club's fans according to...

O people who know you describe you as difficult, uninteresting and...
4h ago from DailyStar.co.uk

Comments

Hottest News

Sauber F1 released the first image of its 2017 C36-Ferrari

Sauber F1 team has released the first image of... Read More »
12h ago from ThisIsF1.com

How much are Lauda and Wolff getting paid?

It was announced yesterday that Mercedes AMG F1... Read More »
5h ago from F1i.com

Rosberg yet to respond to Bottas message

Toto Wolff says he has no problem if Mercedes' F1... Read More »
9h 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.