News Details
'Strategy Group against cost cap'
Jean Todt has abandoned plans to introduce a cost cap in 2015, saying he cannot as all those in the Strategy Group are against it.
Last year, the FIA announced that they would implement a cost cap in 2015 in a bid to curb the spiralling costs of competing in Formula One.
Those plans, though, have now been scrapped as at least six teams are against the proposal.
Todt revealed that those in F1's new Strategy Group - Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus - as well as Bernie Ecclestone had all opposed it.
"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," the FIA President...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
No cost cap for 2015 - Todt
Jean Todt says cost-cutting will now be achieved through rule changes...
12y ago from espnF1.com
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
Cost reduction through rules sought as F1 cost cap...
Cost reduction through rules sought as F1 cost cap unlikely to happen 7...
12y ago from GrandPrix247.com
Formula 1 cost cap plan scrapped, but was it ever on?
Plans for Formula 1 to introduce a cost cap from 2015 onwards have been...
12y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: “I don’t feel I will struggle...
No description available...
17h ago from Motorsport.com
Pedro Acosta proposes new idea for monitoring tyre...
No description available...
21h ago from Motorsport.com
Ducati rubbishes claim 2026 MotoGP bike built...
No description available...
1d ago from Motorsport.com
Why Jorge Martín was not penalised for jump start in...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: Why IndyCar’s updated licensing system fails...
No description available...
8h ago from Motorsport.com
IndyCar’s IR-28 ‘a very nice car to drive' in...
IndyCar’s next generation car completed another milestone earlier in...
13h ago from MotorsportWeek.c...
Josh Pierson earns IndyCar license approval after...
The NTT IndyCar Series has granted Josh Pierson approval to seek a seat...
15h ago from MotorsportWeek.c...
Alex Palou to drive Indy NXT machinery in Chris...
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
M-Sport’s 2027 WRC Fiesta Kit car breaks cover
No description available...
19h ago from Motorsport.com
Adrien Fourmaux confident of WRC drive despite 2027...
No description available...
1d ago from Motorsport.com
Sebastien Loeb tests new Project Rally One 2027 WRC car
No description available...
4d ago from Motorsport.com
WRC expands 2027 calendar to 15 rounds as USA, UK...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool make progress on talks with attacker amid...
Liverpool are making progress in securing Rio Ngumoha’s long-term...
1d ago from CaughtOffside.com
Saka replacement? Arsenal considering ambitious move...
Arsenal are reportedly keeping a close eye on Michael Olise's situation at...
1d ago from CaughtOffside.com
'We've seen flashes…' – Arsenal legend...
Arsenal legend Nigel Winterburn has suggested that Bukayo Saka still isn't...
1d ago from CaughtOffside.com
Carragher praises Arsenal star by calling him...
Jamie Carragher believes Elliot Anderson has already established himself...
1d ago from CaughtOffside.com
Comments
Hottest News
Christian Horner: Red Bull thought I had too much influence...
Christian Horner believes his influence within... Read More »
1h ago from GrandPrix247.com
Red Bull plot to sign Fernando Alonso revealed as Laurent...
Red Bull's plan to sign Fernando Alonso from... Read More »
47m ago from GPFans.com
Red Bull Racing extend Laurent Mekies contract through 2031...
Red Bull Racing extended the contract of team... Read More »
1h ago from GrandPrix247.com
