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 »
2y 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...
2y ago from GrandPrix247.com

Gastaldi admits Monaco ‘a cruel blow’ for Maldonado

Lotus deputy team principal Federico Gastaldi believes that the Enstone...
2y 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...
2y ago from GrandPrix247.com

What is next for Sauber?

May 28, 2014 (F1plus/Katie Grimmett).- Sauber is a name synonymous with...
2y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

Marquez dislocates shoulder in Jerez MotoGP test crash

The reigning MotoGP World Champion crashed at turn seven but was back out...
18h ago from BikeSportNews.com

Márquez dislocates shoulder in test crash

– MotoGP World Champion Marc Márquez dislocated his shoulder in a...
16h ago from GPUpdate.net

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

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
4d ago from BikeSportNews.com

FIA and FIM approve Barcelona changes

– Representatives from the FIA and the FIM have approved changes...
1d ago from GPUpdate.net

Popular On IndyCarToday.com

Montoya has 'fun' in Risi Ferrari at Sebring

While Risi Competizione spent Friday getting ready for the upcoming Mobil...
1d 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...
2d ago from Racer.com

Hunter-Reay wins protracted suit against Gentilozzi

Above: Ryan Hunter-Reay races on the streets of Toronto in 2005. IndyCar...
2d ago from Racer.com

Taylor fast on IndyCar test debut with Penske

American sports car star Ricky Taylor got his long-awaited run in an...
2d 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...
2d ago from WRC.com

The best WRC city stages

The best WRC city stages The WRC is more rugged wilderness than urban...
2d ago from WRC.com

Hesto leads eSports WRC

German driver Hesto leads Championship after the opening round
3d ago from WRC.com

Olbia return for Rally Italia Sardegna

Two classic stages make their WRC comeback
3d ago from WRC.com

Popular On GunnersToday.com

Arsenal send spy to watch Man City winger: He could be...

GETTY Jadon Sancho is wanted by Arsenal The winger was snapped up from...
3h ago from DailyStar.co.uk

Arsenal Star Will 'Definitely' Leave This Summer

Alexis Sanchez will leave Arsenal this summer according to reports in The...
35m ago from AllArsenal.com

Snapped: You won't believe which Arsenal star was...

ESUT OZIL was snapped carving kebab in a north London takeaway during his...
5h ago from DailyStar.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.