News Details

Team principals hits out at spiralling Formula 1 costs

Senior figures inside Formula 1 have hit out at the spiralling costs of Formula 1, ahead of this weekend's Singapore Grand Prix. Caterham owner Tony Fernandes says that self-interest means Formula 1 teams have missed an opportunity to cut costs in the sport. Fernandes entered the sport in 2010 on the promise of a budget cap, which was ultimately abandoned. 'I’ve been consistent since day one I’ve been in Formula One that costs are too high and every… when I came into Formula One, people talked to me about costs coming down but I don’t think there’s been a single year it’s come down,' he said. 'I think next year will be probably the highest year – so I think there’s...
Full Story »
12y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Caterham gearing up for a busy weekend in Singapore

Last week in Monza Caterham announced that Tony Fernandes, Chairman of...
12y ago from RichlandF1.com

Caterham drivers with a busy weekend in Singapore

September 13th, 2013 (F1plus).- The next race, the one the many wait the...
12y ago from F1Plus.com

Andretti interested in F1 if customer cars were allowed

Andretti interested in F1 if customer cars were allowed 16 September,...
12y ago from GrandPrix247.com

FIA get serious about cutting costs in F1

If you’ve ever created a personal budget, you know that cutting costs...
12y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar video game delayed until 2027

iRacing and IndyCar have announced more details surrounding the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal to 'accelerate' talks for £35m starlet after...

Arsenal are stepping up their chase for Christos Tzolis, with the attacker...
1h ago from CaughtOffside.com

Arsenal still interested in Alvarez as Tzolis move...

Arsenal are still interested in Atletico Madrid striker Julian Alvarez.
2h ago from SkySports.com

After Trossard: Another attacker is on his way out of...

Arsenal’s attacking rebuild is gathering pace, with Mikel Arteta...
2h ago from CaughtOffside.com

Arsenal willing to offer 28-year-old crucial player in...

Arsenal’s pursuit of another elite attacker has produced an unexpected...
4h ago from CaughtOffside.com

Comments

Hottest News

F1: Belgian Grand Prix: Preview - Pirelli

Pirelli has brought the C2, C3 and C4 compounds,... Read More »
53m ago from Pitpass.com

Michael bows to Mika on British GP podium

On this day in 2001 at the British GP at... Read More »
54m ago from F1i.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.