News Details

Budget-cap alone not enough to lower cost of F1 - Todt

FIA president Jean Todt says a budget-cap on its own would likely fail to lower the cost of F1, insisting policing and regulations are also necessary. As Formula 1's owners consider the introduction of a budget-cap in the near future to help teams reduce their costs of going racing, Todt favors the move, but says it must be supported by additional measures or run the risk of failing. "We have been talking about cost control/cost cap for a while," said the president of F1's governing body. "I believe it is a good move, but for me it has to be a combination. We need to make regulations which will have some impact on the actual costs. "To simply say we are going make a...
Full Story »
7mo ago from F1i.com 0
Share

You May Also Be Interested In...

Todt: A cost cap alone will not work in F1

FIA president Jean Todt is adamant that a cost cap in Formula 1 will not...
7mo ago from GrandPrix247.com

Todt: Budget cap alone will not be F1's saviour

FIA president Jean Todt has said the proposal to bring in a budget cap...
7mo ago from PlanetF1.com

Budget cap alone won't solve F1's high costs - Todt

Formula 1 cannot just rely on a budget cap to sufficiently bring down...
7mo ago from Motorsport.com

Aston Martin's Palmer backs Todt's 'global engine' idea

Aston Martin CEO Andy Palmer believes Jean Todt's idea of a 'global...
7mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Feature: Why STR should go left-field with 2019 driver...

Formula 1’s silly season exploded into life during the summer break...
11h ago from MotorsportWeek.c...

Michelin expand allocation to four compounds at MotoGP...

MotoGP control tyre supplier Michelin will expand its allocation to four...
9h ago from BikeSportNews.com

Popular On IndyCarToday.com

Video: 2018 ABC Supply 500 Full Highlights

Check out a full 30-minute highlights show on the very eventful 2018 ABC...

Wickens sustains spinal injuries in Pocono crash

Robert Wickens sustained injuries to his spine, right arm, and “lower...
17h ago from SpeedCafe.com

Popular On TotalWRC.com

Tanak wins as Ogier minimises points damage

Ott Tanak clinched a second straight dominant rally win in Germany, as...
1d ago from EuroSport.com

Puncture wrecks Ogier's Germany run

No description available...
2d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal U-23s 1-1 Brighton: How it happened

WHAT HAPPENED Freddie Ljungberg’s under-23 side will continue to hunt...
1h ago from Arsenal.com

West Ham news: Pablo Zabaleta WARNING after defeat...

PABLO ZABALETA sounded the alarm bells after West Ham’s false start by...
1h ago from DailyStar.co.uk

Nev and Carra's heated Emery debate

Jamie Carragher and Gary Neville are famous for their disagreements over...
3h ago from SkySports.com

62-cap ace was easily Chelsea's worst player vs...

Maurizio Sarri's perfect start at Chelsea continued on Saturday with a...

Comments

Hottest News

There's no escaping F1's latest news for Valtteri Bottas

The F1 community enjoyed one last summer break... Read More »
8h ago from F1i.com

BREAKING: Red Bull sign Pierre Gasly for 2019!

Red Bull Racing have signed Pierre Gasly for the... Read More »
4h ago from GPBlog.com

Why Mercedes could lose out in F1’s silly season

As F1 ends its summer break Luke Smith looks... Read More »
14h ago from Crash.net

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.