News Details

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that it would be too hard to enforce a cost cap in F1 are “absolute rubbish”. FIA president Jean Todt said in Bahrain that the proposed cost cap for the sport was no longer set to happen because the six teams on the Strategy Group – Red Bull, Ferrari, Mercedes, McLaren, Lotus and Williams – were now opposed to the idea. As a result, the remaining teams except Toro Rosso wrote to Todt expressing concern over the development and the overall governance of the sport. Lowdon says there are a number of other global sports which have proven there are ways of successfully introducing financial rules to help safeguard the...
Full Story »
9y ago from Crash.net 0
Share

You May Also Be Interested In...

Teams set for emergency talks over costs

The F1 teams are set to have showdown talks on May 1 about the proposed...
9y ago from Crash.net

Marussia: We have arrived here with a couple of issues

t">Max Chilton Cool conditions greeted the teams at the Shanghai...
10y ago from GrandPrix247.com

Boullier: No reason for McLaren to panic

– McLaren Sporting Director Eric Boullier has said there is no...
9y ago from GPUpdate.net

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1...
9y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Neuville and Evans tied to a tenth!

Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...

Popular On GunnersToday.com

Aston Villa line up summer move for £60m Chelsea flop

Aston Villa are targeting a new left-back this summer and Chelsea's Marc...
2h ago from CaughtOffside.com

Mikel Arteta says it is 'too soon' for £38m defender...

Arsenal manager Mikel Arteta has provided an injury update on summer...
3h ago from CaughtOffside.com

Christian Falk's Fact Files – Bayern's fire sale...

This article was originally published on Fabrizio Romano’s Daily...
4h ago from CaughtOffside.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.