News Details

The end for struggling teams?

F1's last chance to slash costs for struggling teams has now passed. The FIA's World Motor Sport Council met in Munich on Thursday, less than a mere handful of days before the end-of-June deadline for rule changes to be made for 2015 without the near-impossible need for unanimity. With the budget cap proposal already dead in the water, many struggling teams had hoped meaningful cost reductions would be agreed before the final deadline. But the new and powerful 'Strategy Group' - dominated by the most competitive and richest teams - has ceded only a handful of minor measures. They were rubber-stamped by the FIA on Thursday. Engine use has been reduced by one 'power unit' per driver to just...
Full Story »
2y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Is this the end for cash strapped F1 teams?

Formula 1 is very expensive Formula 1′s last chance to slash costs...
2y ago from GrandPrix247.com

Ecclestone happy if struggling teams collapse

Bernie Ecclestone has issued a stinging warning to struggling F1 teams....
3y ago from GrandPrix.com

Not enough done on reducing costs – Kaltenborn

Sauber team-principal Monisha Kaltenborn hit out at attempts made so far...
3y ago from RichlandF1.com

Todt: 'It may be that some teams don't survive '

FIA president Jean Todt has admitted the recent excercise in cost-cutting...
3y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Assen: Chassis changes finally give Rossi...

After suffering corner-entry problems all season, Rossi now has a MotoGP...
6h ago from BikeSportNews.com

Rossi: MotoGP title race 'unbelievable'

– Yamaha rider Valentino Rossi has labelled the MotoGP title battle...
12h ago from GPUpdate.net

Rossi ends win drought in Assen thriller

– Valentino Rossi captured his first MotoGP victory in over a year...
1d ago from GPUpdate.net

Petrucci was 'very close' to first victory

– Pramac's Danilo Petrucci said a maiden MotoGP victory was...
7h ago from GPUpdate.net

Popular On IndyCarToday.com

Road America to bring back $100 IndyCar ticket

The mark of a great event is when you have a good crowd and people want...
3h ago from Racer.com

IndyCar video: Kohler GP recap

Recapping all the weekend action from the Kohler Grand Prix at Road...
5h ago from Racer.com

Scott Dixon grabs his first Road America victory

Seven different drivers had taken victory in 2017, but no-one could deny...
13h ago from MotorsportWeek.c...

Dixon beats Penskes for first win of season

Scott Dixon has led home the quartet of Team Penske entries to win the...
1d ago from SpeedCafe.com

Popular On TotalWRC.com

Video: Neuville's domestic drama

Belgian barrel rolls in front of his home crowd
10h ago from WRC.com

Poland countdown: Rally route

Pace rises as WRC arrives in Poland
8h ago from WRC.com

Yaris set for Poland speed test

High-speed roads should suit the Finnish-based team
1d ago from WRC.com

Ogier completes first full M-Sport test

Sebastien Ogier has completed his first full test in M-Sport's Ford Fiesta...
3d ago from EuroSport.com

Popular On GunnersToday.com

Premier League free agents: Top-flight players out of...

Premier League players out of contract this week Mon, June 26, 2017...
4h ago from Express.co.uk

Arsenal flop Yaya Sanogo wanted by Toulouse

Toulouse are considering a move for Yaya Sanogo following his release by...
4h ago from ESPNFC.co.uk

[Video] Arsenal goalkeeper shows off incredible skill...

David Ospina showed off his incredible dead-ball skills as he almost...
5h ago from ArsenalFever.com

Jeff Shi: 'I want to keep Helder Costa at...

Wolverhampton Wanderers executive chairman Jeff Shi has revealed that he...
4h ago from SportsMole.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.