News Details

F1 teams 'open' to solution

Formula 1 may avoided a crisis after F1's smaller teams walked away from Thursday's meeting having agreed to look over a proposal from the Strategy Group. On Thursday, the 11 teams met with F1 chief Bernie Ecclestone and FIA president Jean Todt bosses at Biggin Hill airport in London. The meeting was called after F1's smaller teams wrote a strongly worded letter to Todt having been told that the sport's Strategy Group - comprising Red Bull, Ferrari, McLaren, Mercedes, Lotus and Williams - had put the brakes on a budget cap. In the letter, the teams stated that the Strategy Group may have breached Europe's competition laws leading to reports that the European Union was...
Full Story »
2y ago from PlanetF1.com 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,...
2y ago from GrandPrix247.com

European Union may investigate Formula 1 business...

European Union may investigate Formula 1 business methods 28 April, 2014...
2y ago from GrandPrix247.com

Teams meet to discuss cost-cutting

Jean Todt's hopes of a cost cap were vetoed by the teams in the Strategy...
2y ago from espnF1.com

F1 to debate cost saving measures on Thursday

Formula 1 chiefs are hopeful that a raft of changes over the next three...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales pace excites Yamaha

New Movistar Yamaha rider Maverick Vinales has shown sizzling pace, much...
1d ago from SuperSport.com

‘With wings, we could win at Qatar’ says Lorenzo

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
2d ago from BikeSportNews.com

Bradley Smith on aggression, power and how good a...

Smith is at the beginning of a two-year MotoGP project with Red Bull KTM....
1d ago from BikeSportNews.com

Vinales hits out at Marquez for following him on long...

Maverick Vinales has hit out at MotoGP rival Marc Marquez for following...
1w ago from Motorsport.com

Popular On IndyCarToday.com

PODCAST: The week in IndyCar news, Feb. 24

Marshall Pruett and Robin Miller discuss all the major Verizon IndyCar...
2h ago from Racer.com

SPM, Lincoln Tech announce mentor program

Lincoln Technical Institute, a national leader in specialized automotive...
1h ago from Racer.com

IMSA: Montoya to sample Risi Ferrari on Friday

Team Penske driver Juan Montoya will get a taste of the Risi Competizione...
17h ago from Racer.com

Hunter-Reay wins protracted suit against Gentilozzi

Above: Ryan Hunter-Reay races on the streets of Toronto in 2005. IndyCar...
21h ago from Racer.com

Popular On TotalWRC.com

Mexico City: Zocalo beats to WRC rhythm

Mexico City:Zocalo beats to WRC rhythm The FIA World Rally Championship...
7h ago from WRC.com

The best WRC city stages

The best WRC city stages The WRC is more rugged wilderness than urban...
1d ago from WRC.com

Hesto leads eSports WRC

German driver Hesto leads Championship after the opening round
1d ago from WRC.com

México Pre-Event Test Videos #1 (Fan Footage)

Rally Guanajuato México Pre-Event Test Videos
1d ago from WRC.com

Popular On GunnersToday.com

Arsenal announce increased turnover

Arsenal have announced half-year results which show a record investment in...
43m ago from SkySports.com

Arsenal 2017/18 home and away kits leaked: Gunners set...

Arsenal 2017/18 home and away kit leaked Fri, February 24, 2017 Click to...
2h ago from Express.co.uk

Comments

Hottest News

McLaren-Honda Launches 2017 F1 Cars – Orange MCL32

McLaren-Honda F1 team launched 2017 F1 challenger... Read More »
8h ago from ThisIsF1.com

Raikkonen 2 seconds adrift of Fiorano record in new Ferrari

Following the launch of the Ferrari SF70H, Kimi... Read More »
4h ago from F1Hub.net

Launch Photos – 2017 Ferrari F1 car SF70H

Ferrari has become the fifth team to unveil its... Read More »
10h 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.