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 »
11y 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...
11y 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...
11y ago from GrandPrix247.com
Todt resists demand for rule changes
FIA president Jean Todt says Formula 1 will improve the sound of its new...
11y 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...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 looking for mix of experience and youth in 2027...
No description available...
5h ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
13h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
10h ago from MotorsportWeek.c...
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
22h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
1d ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
6h ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
7h ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
1d ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal dealt injury setback before Leverkusen as...
Mikel Arteta has confirmed that Martin Odegaard and Jurrien Timber will...
15m ago from CaughtOffside.com
Max Dowman has inspired Arsenal in hunt for...
t;li>‘To be that precise, that’s something difficult to...
15m ago from TheGuardian.com
Arsenal could be handed unexpected financial boost as...
Arsenal could be set for a significant financial windfall as Serie A...
2h ago from CaughtOffside.com
Max Dowman and the making of Arsenal's 'defining...
It is a moment that will go down in Arsenal folklore. As Mikel Arteta...
3h ago from SkySports.com
Comments
Hottest News
Aston Martin ‘are now looking for a new team principal’...
Aston Martin are now looking for a new team... Read More »
2h ago from GPFans.com
Lewis Hamilton's mum 'gobsmacked' by Chinese Grand Prix...
Lewis Hamilton's mum Carmen Larbalestier was at... Read More »
55m ago from GPFans.com
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
10h ago from GPFans.com
