News Details
Formula 1 abandons cost-cutting plans
– Formula 1's plans for a cost cap from 2015 have been scrapped, according to FIA President Jean Todt. The governing body announced in December of last year that it intended to introduce cost-cutting measures from next season, and it hoped that full agreement over its implementation would be agreed by June 2014. But Todt, attending his first Grand Prix of the season in Bahrain, revealed that the six teams on Formula 1's Strategy Group – Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus – are now against the idea. "Most of the teams were in favour of the cost cap, but I understand that all the teams that are part of the Strategy Group are against it now," Todt...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
FIA to abandon cost cap plans - Todt
Mercedes AMG Petronas
The FIA has abandoned plans to introduce a cost cap...
12y ago from F1Zone.net
Todt: The F1 turbo rules were agreed five years ago,...
Jean Todt with Matteo Bonciani, Helmut Marko and Christian Horner in...
12y ago from GrandPrix247.com
Todt resists demand for rule changes
FIA president Jean Todt says Formula 1 will improve the sound of its new...
12y ago from BBC.co.uk
Formula 1 heading for 150-million says Todt
Formula 1 heading for 150-million says Todt 4 April, 2014 It appears that...
12y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP teams are the ones who wanted new weekend...
No description available...
23m ago from Motorsport.com
Motegi repurposes parts of historic oval while...
No description available...
14h ago from Motorsport.com
MotoGP announces radical change to weekend format from...
MotoGP has announced a radical change to its weekend format, introducing...
15h ago from MotorsportWeek.c...
MotoGP confirms 2027 weekend format changes, including...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
ECR and Chevrolet reaffirm 15-Year bond with...
No description available...
13h ago from Motorsport.com
Shank outlines 2027 IndyCar expectations for Mick...
No description available...
1d ago from Motorsport.com
Arrow McLaren signs multi-year engine extension with...
No description available...
1d ago from Motorsport.com
Arrow McLaren extends IndyCar partnership with Chevy
Arrow McLaren announced on Tuesday that it has extended its partnership...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fernando Alonso to contest Dakar Rally with Aston...
No description available...
15h ago from Motorsport.com
Sebastien Ogier’s 2027 WRC future is undecided, but...
No description available...
17h ago from Motorsport.com
What does the future hold for Thierry Neuville and...
No description available...
1d ago from Motorsport.com
Oliver Solberg; “I tried my very best to the very...
Having started the final round of the 2026 FIA World Rally Championship...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal hero Thierry Henry reacts after his fake quote...
Arsenal legend Thierry Henry has dismissed a fake quote attributed to him...
1w ago from SportsKeeda.com
Bastian Schweinsteiger calls out 'mediocrity' as he...
Bastian Schweinsteiger has pointed to how Germany lack 'difference makers'...
1w ago from SportsKeeda.com
How important is a fast start for teams chasing the...
chester City have kicked off the campaign with five victories in a row but...
1w ago from TheGuardian.com
Arsenal consider sensational move for prolific...
Arsenal ready to make sensational Erling Haaland move if Manchester City...
1w ago from CaughtOffside.com
Comments
Hottest News
Much-loved F1 TV star steps down from ITV role after 30...
A much-loved pioneer in F1 broadcasting has... Read More »
12h ago from GPFans.com
Singapore imposes major city restriction ahead of F1 Grand...
Singapore will impose a major temporary... Read More »
6h ago from GPFans.com
South Africa makes stunning F1 claim after Rwanda ‘lands...
South Africa has responded to reports claiming... Read More »
7h ago from GPFans.com
