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 »
3y 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...
3y ago from espnF1.com

F1 set for cost-cutting talks

The F1 teams will meet on Thursday to discuss ways to curb rising costs...
3y ago from PlanetF1.com

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

Cost-cutting on the agenda again

Several of the smaller teams in Formula One want the FIA to produce...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Hayden's funeral to take place on Monday

– Nicky Hayden's funeral will be held in his home town of...
1d ago from GPUpdate.net

Rossi taken to hospital after motocross crash

Rossi crashed while training on his motocrosser and was taken to Rimini...
3d ago from BikeSportNews.com

Rossi to continue his recovery at home

amaha rider Valentino Rossi has been discharged from hospital, following...
2d ago from GPUpdate.net

No further medical complications for Rossi

– Yamaha says Valentino Rossi is making "positive...
2d ago from GPUpdate.net

Popular On IndyCarToday.com

Despite blowup, Alonso hits the mark at Indy

His race ended like so many others have the past couple years –...
2h ago from Racer.com

Dixon expected to return at Detroit with new car

Scott Dixon endured the scariest crash of the month at Indy, and will...
1h ago from Racer.com

Indy win helps 'correct' risky 2012 move - Sato

Takuma Sato says his 2017 Indianapolis 500 victory for Andretti Autosport...
1h ago from Racer.com

Popular On TotalWRC.com

Østberg tops Fafe jumpers

Østberg tops Fafe jumpers High-flying Mads Østberg was king of the...
17h ago from WRC.com

Sainz rolls back the years

Sainz rolls back the years Rallying legend Carlos Sainz turned back the...
2d ago from WRC.com

Lappi positive after Portugal points

Finn rounds off successful World Rally Car debut with Power Stage points
2d ago from WRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...

Popular On GunnersToday.com

Wenger: Cup final my presentation

Arsene Wenger says Saturday's FA Cup final win over Chelsea proves that he...
3h ago from SkySports.com

What the HELL is he doing? Arsenal medic goes viral...

BBC Arsene Wenger failed to spot his backroom staff doing something...
8h ago from DailyStar.co.uk

Arsenal's Arsene Wenger gives passionate plea to carry...

Arsenal boss Arsene Wenger gives passionate plea to carry on after FA Cup...
4h ago from DailyMail.co.uk

Arsene Wenger: Arsenal's FA Cup triumph proof of my...

Arsene Wenger reaffirms his loyalty to Arsenal after winning the FA Cup...
48m ago from ESPNFC.co.uk

Comments

Hottest News

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.