News Details

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort of cost cutting technique or risk being "seen as some kind of failure." Although the FIA had hoped to introduce a cost cap next season, those plans were scratched when the sport's Strategy Group - comprising Ferrari, McLaren, Mercedes, Red Bull, Lotus and Williams - refused to play along. The veto has not gone down well with Formula 1's smaller teams with Lowdon warning that the sport could face long-term consequences unless something is done. "We want to see Formula One grow, and there is an important lesson to be learned from sports that have demonstrated huge growth over the last five to 10...
Full Story »
3y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

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...
3y ago from GrandPrix.com

Formula 1 set for cost-cutting showdown on 1 May

Formula 1 set for cost-cutting showdown on 1 May 20 April, 2014 Formula 1...
3y ago from GrandPrix247.com

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that...
3y ago from Crash.net

Horner defends scrapping cap

Christian Horner has defended the decision to scrap a proposed cost cap,...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Assen: Saturday qualifying times and results

Times and results for Saturday's MotoGP, Moto2 and Moto3 qualifying...
5h ago from BikeSportNews.com

Zarco edges Márquez for maiden pole

– Tech 3 rookie Johann Zarco claimed his maiden MotoGP pole...
55m ago from GPUpdate.net

MotoGP Assen: Zarco grabs maiden pole position

Zarco continues his stunning rookie MotoGP season, stealing a wet pole...
45m ago from BikeSportNews.com

MotoGP Assen: Redding tops wet third practice

Redding shows his wet-weather mettle at Assen MotoGP round to fend off...
4h ago from BikeSportNews.com

Popular On IndyCarToday.com

Video: Scott Dixon meets concerned IndyCar fan Lucy

Scott Dixon visits a young fan who wrote him a letter after his accident...

Video: Kanaan Visor Cam at Road America

Ride onboard with Tony Kanaan during IndyCar practice for the Kohler Grand...
4h ago from GPUpdate.net

Video of the Day: Dixon meets young fan

Scott Dixon visits a young fan, called Lucy, who wrote him a letter after...
9h ago from GPUpdate.net

RACER video: Wickens debuts at Road America

Canadian ace Robert Wickens checks in with RACER after his first day of...
13h ago from Racer.com

Popular On TotalWRC.com

Ogier completes first full M-Sport test

Sebastien Ogier has completed his first full test in M-Sport's Ford Fiesta...
1d ago from EuroSport.com

Who can stop Solans?

Who can stop Solans? Nil Solans can seal a hat-trick of FIA Junior WRC...
23h ago from WRC.com

Nandan calls for focus

Hyundai boss has M-Sport in his sights
1d ago from WRC.com

Rally GB ponders revamp of opening night

Rally GB organisers are considering the addition of a new Thursday night...
1d ago from EuroSport.com

Popular On GunnersToday.com

Premier League teams ranked by club-trained players:...

Premier League teams ranked by club-trained players Thu, June 22, 2017...
7h ago from Express.co.uk

Arsenal show interest in Bordeaux striker Gaetan...

Arsenal have reportedly decided to enter the race to sign forward Gaetan...
2h ago from SportsMole.co.uk

Alexandre Lacazette is not good enough to win Arsenal...

Lacazette has been linked with a move to Arsenal for the last couple of...
5h ago from Express.co.uk

Arsenal deep in talks to sign £49m+ prolific striker...

Arsenal have reportedly held further talks with Lyon over the signing of...
5h ago from CaughtOffside.com

Comments

Hottest News

More stunning claims from Eddie Jordan!

Eddie Jordan just won't give up, the Channel 4... Read More »
35m ago from F1i.com

Alonso unenthused over Honda Baku upgrade

Fernando Alonso does not sound enthused with the... Read More »
4h ago from ThisIsF1.com

2017 Azerbaijan GP: Third Practice Results (FP3)

2017 Formula 1 Results: Third Free Practice... Read More »
3h 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.