News Details

Formula 1 teams prepare for urgent talks

– Formula 1's 11 teams will meet at Biggin Hill, south of London, on Thursday for crunch talks over the financial future of the sport. FIA President Jean Todt called the meeting last month to 'clarify the means to achieve a substantial F1 team cost reduction' following confirmation that initial plans for a cost cap had been scrapped. The meeting comes after four of Formula 1's smaller teams - Force India, Sauber, Marussia and Caterham - angrily wrote to the FIA to question why the cost cap had been abandoned, after all 11 teams had previously agreed its implementation. Those four teams do not sit on the Strategy Group, which is made up of six votes from the FIA, six for the...
Full Story »
3y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Formula 1′s smaller teams want reassurance on...

Formula 1′s smaller teams want reassurance on cost cuts 30 April,...
3y ago from GrandPrix247.com

F1 in danger of 'ruining' itself - Sauber

Sutton Images Enlarge Sauber team principal Monisha Kaltenborn has...
3y ago from espnF1.com

Drivers in talks to resolve pay disputes

Formula One drivers are in talks collectively to try and resolve the...
3y ago from SuperSport.com

Formula 1 must look beyond Ecclestone era warns Wolff

Bernie Ecclestone with Toto Wolff On the eve of a trial that could send...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi and Vinales admit defeat and turn attentions to...

With the 2017 MotoGP title out of reach, Rossi and Vinales are now looking...
1d ago from BikeSportNews.com

MotoGP Motegi: Lorenzo threatens Zarco with Safety...

Lorenzo is concerned that Zarco's ‘aggressive' riding style is going...
1d ago from BikeSportNews.com

MotoGP Motegi: Dovizoso wins last-lap thriller

Dovizoso snatches MotoGP victory from Marquez on the last lap of a wet...
3d ago from BikeSportNews.com

Tech 3 hopes Nozane gets another chance

– Tech 3 chief Hervé Poncharal says he hopes the outfit can give...
21h ago from GPUpdate.net

Popular On IndyCarToday.com

McDonald joins ECR engineering team

Former Schmidt Peterson Motorsports race engineer Allen McDonald has...
1d ago from Racer.com

McLaren still undecided on 2018 Indy 500 run

McLaren executive director Zak Brown expects to see the company return...
4d ago from Racer.com

Hinchcliffe, Wickens pairing likely at SPM in 2018

Schmidt Peterson Motorsports could become IndyCar's Maple Leaf Mafia if...
4d ago from Racer.com

Montoya open to offers for Indy 500

A day after learning his boss, Roger Penske, would be open to letting him...
1w ago from Racer.com

Popular On TotalWRC.com

Tänak joins Toyota

Tänak joins Toyota Ott Tänak will join Toyota Gazoo Racing next season....
1h ago from WRC.com

Wales Rally GB saved my life

Spectator thanks event medical teams for life-saving treatment in 2016
19h ago from WRC.com

Make some noise for Elfyn!

Make some noise for Elfyn! Fans backing home hero Elfyn Evans have been...
16h ago from WRC.com

Dayinsure Wales Rally GB 2017 PRE-EVENT TEST Videos...

PRE-EVENT TEST Videos Dayinsure Wales Rally GB 2017
1d ago from WRC.com

Popular On GunnersToday.com

Premier League table: Alternative standings if games...

Alternative Premier League table: Standings if games finished at...
1h ago from Express.co.uk

The man who developed Kolasinac and Ozil

Their careers may have taken different paths between leaving Schalke and...
9h ago from Arsenal.com

Mertesacker not interested in Deeney’s...

Per Mertesacker has said he paid no attention to Troy Deeney's comment...
14h ago from SportsKeeda.com

How the last ten English teams to play Real Madrid at...

How the last ten English teams to play Real Madrid at the Santiago...
13h ago from DailyStar.co.uk

Comments

Hottest News

‘Another productive day' for Kubica

Robert Kubica was back in action with Williams on... Read More »
2h ago from PlanetF1.com

Mick Schumacher: My goal is always Formula 1

Michael Schumacher's 18-year-old son Mick may not... Read More »
3h ago from GrandPrix247.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.