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 »
3y 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,...
3y ago from GrandPrix247.com

European Union may investigate Formula 1 business...

European Union may investigate Formula 1 business methods 28 April, 2014...
3y 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...
3y 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...
3y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Set-up experiment puts Yamaha back on track for...

A big set-up gamble in the wet at Phillip Island's MotoGP translated to...
23h ago from BikeSportNews.com

MotoGP Australia: ‘Iannone arrive like crazy’...

Rossi brands Iannone's hairpin pass at Phillip Island's MotoGP round as...
2d ago from BikeSportNews.com

MotoGP Australia: Marquez puts hand on title in Aussie...

Marquez wins six-man MotoGP battle at Phillip Island as Dovizioso slumps...
2d ago from BikeSportNews.com

MotoGP Australia: Marquez takes pole, disaster for Dovi

Marquez almost cruises to MotoGP pole at Phillip Island while title rival...
3d ago from BikeSportNews.com

Popular On IndyCarToday.com

Dixon Hinchcliffe Learn More during TMS 2018 Honda Test

Honda tasked four-time Verizon IndyCar Series champion Scott Dixon and...
4h ago from Racer.com

Future strategies key to IndyCar title sponsor search

Page 1 of 2 Verizon IndyCar Series CEO Mark Miles wasn't taken by...
13h ago from Racer.com

Iconic IndyCar team owner Vollstedt passes away

For three decades he was a designer, builder, fabricator, dreamer,...
19h ago from Racer.com

Tracy on SPM's new 'Team Canada'

The last Canadian to win an IndyCar championship did so carrying the...
4d ago from Racer.com

Popular On TotalWRC.com

Stars remember McRae

Stars remember McRae Thirty. That’s how many World Rally Championship...
21h ago from WRC.com

Great Britain countdown: Rally route

Gravel, forests and Welsh weather combine
19h ago from WRC.com

Wilson's Tänak tribute

M-Sport boss says goodbye 'with a heavy heart'
5d ago from WRC.com

Ott Tanak joins Toyota for 2018 WRC campaign

Ott Tanak will switch from M-Sport to Toyota for 2018, completing the...

Popular On GunnersToday.com

5 of Arsenal's best transfer windows of all-time

To write about Arsenal’s best transfer windows in the Premier League...
2h ago from SportsKeeda.com

F365's top ten players who shouldn't have stayed put

Last week we did players that shouldn't have been let go. Now it's the...
2h ago from Football365.com

Transfer rumours and paper review - Tuesday, October...

Here are all the top transfer-related stories in Tuesday's newspapers and...
2h ago from TalkSport.com

Arsenal news: Arsene Wenger insists his youngsters can...

The Arsenal manager is set once again to unleash them on Championship...
10h ago from Express.co.uk

Comments

Hottest News

Verstappen facing backlash over 'idiot' comment

Max Verstappen may find himself in hot water with... Read More »
2h ago from F1i.com

Hamilton: If that was grass Max wouldn't be off

Lewis Hamilton has weighed in on the Max... Read More »
3h ago from PlanetF1.com

F1 considers cancelling Friday practice sessions

Ross Brawn has revealed that he is considering... Read More »
1h ago from Pitpass.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.