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Teams meet to discuss cost-cutting

Jean Todt's hopes of a cost cap were vetoed by the teams in the Strategy Group FIA Enlarge Related Links News: Brundle: Active suspension would be like 'Scalextric' News: F1 will fail without cost control - Marussia News: Cost cap a losing battle - Wolff Formula One's teams are meeting in London on Thursday to discuss ways to stop rising costs following the Strategy Group's decision to vote against the cost cap. Jean Todt and the FIA wanted to introduce a cost cap to ensure a more level playing field, but the teams in the Strategy Group - Red Bull, Ferrari, McLaren, Mercedes, Lotus and Williams - did not believe the proposals were workable. The teams not in the Strategy Group are unhappy...
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