News Details

Formula 1′s smaller teams want reassurance on cost cuts

Formula 1′s smaller teams want reassurance on cost cuts 30 April, 2014 Formula 1′s cash-strapped smaller teams want to see real evidence that the sport is fighting for their survival when bosses meet on Thursday to discuss how to proceed after scrapping plans to impose a cost cap. The meeting, at Biggin Hill airfield south of London, has been called by the governing International Automobile Federation (FIA) to 'clarify the means to achieve a substantial F1 team cost reduction'. All 11 teams, the FIA and commercial supremo Bernie Ecclestone are due to attend. It comes in response to a letter from Sauber, Force India, Caterham and Marussia that angrily questioned the decision to...
Full Story »
3y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Cost cap a losing battle - Wolff

Toto Wolff thinks there are too many "loopholes" in a budget...
3y ago from espnF1.com

Wolff offers hope to the smaller teams

Despite the scrapping of a budget cap, Head of Mercedes-Benz Motorsport,...
3y ago from Pitpass.com

Lowdon slams anti-cost cap teams

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

Exclusive: Will the new Concorde Agreement survive...

In 2001 the FIA gave undertakings to the European Commission about its...
3y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Hayden's funeral to take place on Monday

– Nicky Hayden's funeral will be held in his home town of...
23h ago from GPUpdate.net

Rossi taken to hospital after motocross crash

Rossi crashed while training on his motocrosser and was taken to Rimini...
2d ago from BikeSportNews.com

Rossi to continue his recovery at home

amaha rider Valentino Rossi has been discharged from hospital, following...
1d ago from GPUpdate.net

No further medical complications for Rossi

– Yamaha says Valentino Rossi is making "positive...
1d ago from GPUpdate.net

Popular On IndyCarToday.com

OREOVICZ: Resetting the Indy 500 field

The starting grid doesn’t always reflect the potential of the...
9h ago from SpeedCafe.com

Oddsmakers betting on Alonso 500 win

The fans and media have been caught up in "Fernando Mania" all...
13h ago from Racer.com

Indy 500 video: Alonso steering wheel tour

Fernando Alonso's engineer Eric Bretzman takes you inside the cockpit of...
16h ago from Racer.com

Popular On TotalWRC.com

Østberg tops Fafe jumpers

Østberg tops Fafe jumpers High-flying Mads Østberg was king of the...
1h ago from WRC.com

Sainz rolls back the years

Sainz rolls back the years Rallying legend Carlos Sainz turned back the...
1d ago from WRC.com

Lappi positive after Portugal points

Finn rounds off successful World Rally Car debut with Power Stage points
1d ago from WRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...

Popular On GunnersToday.com

Arsenal defender Nacho Monreal a target for Athletic...

Arsenal full-back Nacho Monreal could be offered a return to Spanish...
1h ago from SportsMole.co.uk

Arsenal stars make the most of their FA Cup final...

Arsenal stars make the most of their FA Cup final success as they...
3h ago from DailyMail.co.uk

Chelsea face three-team transfer battle with PL rivals...

Chelsea, Arsenal and Tottenham are all reportedly keen on signing Celtic...
1h ago from CaughtOffside.com

Comments

Hottest News

Morning After: Kimi emotional and McLaren on the up

Ben Stevens reflects on qualifying for the Monaco... Read More »
4h ago from GrandPrix247.com

The champion is coming out in Kimi Arrivabene

Kimi Raikkonen is well placed for his first F1... Read More »
1h ago from Crash.net

Revised Starting grid – 2017 F1 Monaco Grand Prix

Kimi Raikkonen clinch his first pole position... Read More »
35m 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.