News Details

F1 teams step away from cost-cutting clash

Formula One's cash-strapped smaller teams sounded a note of cautious optimism on Friday after a meeting with the sport's powerbrokers to discuss how to slash costs in the face of opposition to a cap on spending. "Force India was very encouraged by the meeting and was appreciative of the FIA (International Automobile Federation) responding so positively to the letter that was sent," that team's deputy principal Bob Fernley told Reuters. "We are optimistic that following the Biggin Hill meeting a constructive process will now take place." Force India, Sauber, Caterham and Marussia wrote to the FIA last month when the governing body announced that a planned cost cap for...
Full Story »
2y ago from SuperSport.com 0
Share

You May Also Be Interested In...

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 set for cost-cutting talks

The F1 teams will meet on Thursday to discuss ways to curb rising costs...
2y ago from PlanetF1.com

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

Cost-cutting on the agenda again

Several of the smaller teams in Formula One want the FIA to produce...
2y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

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

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
3h ago from BikeSportNews.com

KTM unveils livery for 2017 MotoGP entry

– KTM has formally unveiled its 2017 MotoGP bike and team during a...
2d ago from GPUpdate.net

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

Maverick Vinales has hit out at MotoGP rival Marc Marquez for following...
5d ago from Motorsport.com

KTM reveals MotoGP livery for 2017 season

KTM has officially unveiled the livery it will run during the 2017 MotoGP...

Popular On IndyCarToday.com

VIDEO: 'McLaren' film trailer released

Watch the trailer for the upcoming documentary "McLaren," the...
20h ago from Racer.com

IndyCar future at Long Beach secure - Kalkhoven

For all the concerned IndyCar fans that Long Beach could be snapped up by...
13h ago from Racer.com

Team Penske restores iconic 'Blue Hilton' transporter

After an exhaustive restoration process, Team Penske has unveiled one of...
1d ago from Racer.com

Juncos announces Indy 500 plans

Road to Indy ladder squad, Juncos Racing, has formally announced plans to...
14h ago from SpeedCafe.com

Popular On TotalWRC.com

Double fun in Mexico City

Crews to drive Mexico City Zócalo stage twice
22h ago from WRC.com

Germany adopts podium format

Germany adopts podium format ADAC Rallye Deutschland will follow the...
1d ago from WRC.com

Jari-Matti's Swedish quartet

Jari-Matti's Swedish quartet Jari-Matti Latvala's victory at Rally Sweden...
1d ago from WRC.com

Rally Sweden Analysis- Toyota surprise while Neuville...

Rally Sweden was a fairytale event for Jari-Matti Latvala and the brand...

Popular On GunnersToday.com

Arsenal star Mesut Ozil in Istanbul with ex Miss Turkey

Arsenal star Mesut Ozil spotted in Istanbul with former Miss Turkey as he...
1h ago from DailyMail.co.uk

Arsenal star Hector Bellerin a big money Barcelona...

Arsenal star Hector Bellerin a big money Barcelona target, but deal may...
3h ago from DailyMail.co.uk

'I've not experienced anything like it'

When your career has previously taken you to small cities in Spain,...
1h ago from Arsenal.com

Premier League Player of the Month: Who was the most...

Premier League Player of the Month: Every club's most recent winner Wed,...
2h ago from Express.co.uk

Comments

Hottest News

Mercedes ‘curious’ to see Honda F1 progress

Mercedes' engine chief has admitted to being... Read More »
3h ago from ThisIsF1.com

Watch Live Streaming of 2017 Force India F1 Car Launch

Force India VJM10 launch will be broadcast LIVE... Read More »
37m ago from ThisIsF1.com

‘McLaren are a big unknown in ‘2017'

Renault managing director Cyril Abiteboul has... Read More »
1h ago from PlanetF1.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.