News Details

'Formula 1 needs solid business model'

– Formula 1 needs to produce a 'solid business model for the future' or else the sport could find itself with only four teams, Lotus Deputy Team Principal Federico Gastaldi has warned.His comments come ahead of the Canadian Grand Prix this weekend and in the wake of a meeting of the all teams last month and the Strategy Group where the issue of cost control was again discussed.Although all the teams have voiced their opinions recently - and were quizzed on the matter in the FIA team representatives' press conferences in both Monaco and Spain, Gastaldi has now reiterated just how important it is that something is done. He also believes it would be 'beneficial for all'."There are...
Full Story »
3y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Gastaldi: It’s been a tough, tough start to the year

Lotus deputy team principal Federico Gastaldi looks at his inbox and...
3y ago from GrandPrix247.com

Gastaldi admits Monaco ‘a cruel blow’ for Maldonado

Lotus deputy team principal Federico Gastaldi believes that the Enstone...
3y ago from Crash.net

Haas: The plan is absolutely to launch in 2016

xt">Gene Haas Gene Haas has confirmed reports his new Formula 1...
3y ago from GrandPrix247.com

What is next for Sauber?

May 28, 2014 (F1plus/Katie Grimmett).- Sauber is a name synonymous with...
3y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Aragon: Rossi’s shock return – day one

It is just 22 days since Valentino Rossi broke his leg. Today at Motorland...
54m ago from BikeSportNews.com

MotoGP Aragon: Pedrosa takes charge; disaster for...

Pedrosa splashes to the top of the MotoGP Aragon timesheet on Friday while...
7h ago from BikeSportNews.com

MotoGP Aragon: Friday practice times and results

Times and results from Friday's MotoGP, Moto2 and Moto3 free practice...
12h ago from BikeSportNews.com

MotoGP Aragon: Crocked Rossi 18th in first practice

Rossi ends a wet free practice one at MotoGP Aragon only 2.8s off the pace...
11h ago from BikeSportNews.com

Popular On IndyCarToday.com

PUMPELLY: The case against gravel

During the opening laps of the 1999 British Grand Prix, Michael...
4h ago from Racer.com

Boston GP organizer sues city for $15.5m

For a race that never actually took place, the Boston Grand Prix sure...
6h ago from Racer.com

Ganassi Racing cuts more than 40 staff

Most everyone at Chip Ganassi Racing had heard for the past few weeks...
1d ago from Racer.com

NBC reports ratings gains for 2017 IndyCar coverage

Coverage of the 2017 Verizon IndyCar Series on NBCSN delivered the...
5h ago from Racer.com

Popular On TotalWRC.com

WIN A CO-DRIVE WITH MADS ØSTBERG

WIN A CO-DRIVE WITH MADS ØSTBERG
4h ago from WRC.com

DMACK unveils new gravel tyre

New rubber for rounds in Spain, GB and Australia
6h ago from WRC.com

Loeb open to WRC return

Loeb open to WRC return Sébastien Loeb has hinted that he could make...
1d ago from WRC.com

Loeb tests C3 on gravel

Loeb tests C3 on gravel WRC legend Sébastien Loeb tested Citroën’s C3...
2d ago from WRC.com

Popular On GunnersToday.com

Zinedine Zidane 'still wants Alexis Sanchez at Real...

Zinedine Zidane has reportedly urged Real Madrid chiefs to start...
4h ago from SportsMole.co.uk

WSL: 7 of the most exciting new signings to look out...

by Samantha Miller @https://twitter.com/@samantham7PD Published 5 min ago...
4h ago from FourFourTwo.com

Arsene Wenger wanted to bring Napoli star Dries...

Arsene Wenger wanted to bring Napoli star Dries Mertens to Arsenal in...
8h ago from DailyStar.co.uk

AC Milan planning move for Udinese star Jakub Jankto -...

AC Milan are ready to splash the cash on Arsenal and Everton target Jakub...
7h ago from TalkSport.com

Comments

Hottest News

McLaren offered Honda two alternatives prior to split

McLaren apparently offered engine partner Honda... Read More »
10h ago from F1i.com

F1's insane solution to noise issue

Hard to believe, but F1's proposed solution to... Read More »
6h 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.