News Details

FIA to implement control system to prevent financial cheating

The Formula 1 teams have always been very creative in pushing the boundaries with regard to the regulations. For example, Ferrari did that last year with the engine, although there are still discussions about it. Mercedes does that with the DAS system and with the introduction of the budget cap will have to be a good control on that too, so there can be no tampering. Well prepared The FIA, as an umbrella body, will register and monitor the expenditure of the teams in order to prevent or deal with disturbances. The FIA is well prepared for this, says technical director Nikolas Tombazis at Sky Sports. In fact, a financial director has been appointed who will specifically deal with this. Read...
Full Story »
3y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Engine Regulations ‘Too Complicated and Too...

The current engine regulations are ‘too complicated and too complex’...

FIA sets up whistleblowers platform to regulate budget...

Formula 1's governing body has set up an online 24-hour ‘ethics and...
3y ago from GrandPrix247.com

Abiteboul again pleads for a salary cap: 'We need to...

The first step to reduce the costs of Formula 1 has now been taken with...
3y ago from GPBlog.com

Steiner hopes budget cap attracts new manufacturers to...

Haas boss Guenther Steiner has expressed optimism that Formula 1’s...
3y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Bagnaia ‘raced in defence' in COTA with Ducati...

Ducati rider Francesco Bagnaia says he was forced to be in a 'race...
19h ago from MotorsportWeek.c...

‘Unexpected brake problem' behind Marquez COTA...

Gresini Ducati's Marc Marquez has explained that his crash from the lead...
23h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Dale Coyne brings in Harvey for additional race in...

Dale Coyne Racing has confirmed that Jack Harvey will be driving for the...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

50 years of the ‘Queen of Speed’ Michele Mouton

It has been 50 years since the ‘Queen of Speed’ Michele Mouton debuted...

Popular On GunnersToday.com

Arsenal to submit formal offer for 25-year-old valued...

According to the Portuguese newspaper Jornal de Notícias, Arsenal...
56m ago from CaughtOffside.com

Arsenal's recruitment team keen on potential...

Arsenal's recruitment team are reportedly positive about the potential...
16m ago from CaughtOffside.com

Premier League Team of the Week - Cole Palmer, Jeremy...

Sports Mole selects its Premier League Team of the Week, including Cole...
1h ago from SportsMole.co.uk

Arteta would love Premier League star at Arsenal but...

Arsenal manager Mikel Arteta is reportedly a big fan of Aston Villa...
36m ago from CaughtOffside.com

Comments

Hottest News

Steiner 'looking to BUY F1 team' in sensational bid

Guenther Steiner could be set for a high profile... Read More »
1h ago from GPFans.com

Leclerc lukewarm about Alonso's new F1 contract

Apr.16 Charles Leclerc is only lukewarm about... Read More »

F1 legend reveals 'best' era for major F1 format

Legendary Formula 1 driver Juan Pablo Montoya has... Read More »
56m ago from GPFans.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.