News Details
FIA to meet teams over cost cutting
FIA President Jean Todt will meet with the teams next month to discuss ways to curb the rising costs of competing in F1.
Last week it emerged that the FIA's proposed budget cap for 2015 would not go ahead as the Strategy Group had opposed it.
The Group - made up of Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus - reportedly wrote to Todt informing him that they would not back the plan.
The FIA, though, is adamant that something needs to be done and as such will meet with the teams and Bernie Ecclestone to discuss a way forward.
"The FIA, the Commercial Rights Holder (CRH), and all the F1 Teams have recently confirmed their commitment to work on cost reduction," read an...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
FIA and teams to meet over cost reductions
– Formula 1 teams will meet with the FIA next month to discuss ways...
11y ago from GPUpdate.net
FIA summons F1 teams to cost cutting meeting
The FIA has called an urgent meeting to discuss ways to reduce costs in...
11y ago from TheF1Times.com
FIA calls Formula 1 teams to meeting on costs
Sahara Force India
Formula 1 teams have been called to an urgent meeting...
11y 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...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
How far has Francesco Bagnaia fallen behind compared...
No description available...
17h ago from Motorsport.com
Franco Morbidelli renews with VR46 Racing Team for...
Franco Morbidelli has announced he will remain a satellite Ducati rider...
20h ago from MotorsportWeek.c...
Marc Marquez's crash tally halves in 2025 as Ducati...
No description available...
19h ago from Motorsport.com
VR46 Ducati retains Franco Morbidelli for 2026 MotoGP...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
7h ago from MotorsportWeek.c...
Will Power released after 17 years with Team Penske
Team Penske has parted ways with veteran IndyCar driver Will Power, the...
16h ago from MotorsportWeek.c...
Rinus VeeKay won't return to Dale Coyne Racing in 2026
No description available...
9h ago from Motorsport.com
Will Power and Team Penske officially part ways after...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
2d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
2d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal and Barca to battle for ‘one of...
Murillo’s rise at Nottingham Forest has quickly made him one of the most...
41m ago from CaughtOffside.com
Viktor Gyokeres responds after Arsenal fans sing ‘he...
Viktor Gyokeres has reacted to a recent chant from Arsenal fans about his...
11m ago from SportsKeeda.com
Piero Hincapie reveals what Granit Xhaka told him...
New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
16h ago from SportsKeeda.com
8 signings, 11 outgoings: All the details from...
It has been a frantic summer at Arsenal as Andrea Berta has made his mark...
18h ago from FreshArsenal.com
Comments
Hottest News
McLaren promises 'full review' after chassis issue for...
After McLaren driver Lando Norris was forced to... Read More »
1h ago from F1Technical.net
Toto Wolff delivers damning McLaren verdict: 'This is...
McLaren continued its strong run of form with... Read More »
1h ago from RacingNews365.com
F1 News Today: Hamilton Ferrari form blasted as F1 team...
Lewis Hamilton was once again berated by Italian... Read More »
1h ago from GPFans.com
