News Details

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it was reported FIA president Jean Todt was considering new measures including reviving 'active suspension', after the new top team-dominated Strategy Group blocked his move to impose budget caps in 2015. A meeting for 1 May has now been called. "Time is running out," Monisha Kaltenborn, whose Sauber team ran into high-profile financial strife last year, is quoted by the German news agency DPA. "Actually, the time for this decision is long gone, but it's never too late," the Swiss team's boss added. F1's smaller teams are angry that their more powerful rivals are thwarting moves...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Mosley says 2014 critics have agenda

Former FIA president Max Mosley says criticism of the 'new' face of...
11y ago from GrandPrix.com

Critics of new Formula 1 era have an agenda says Mosley

t">Max Mosley Former FIA president Max Mosley says criticism of...
11y ago from GrandPrix247.com

Red Bull: Time to move on

Red Bull has announced that it has accepted the ruling of the FIA's...
11y ago from Pitpass.com

Vijay Mallya: 'Bahrain Was Not Just a One-Off'

Force India Team Principal Vijay Mallya has praised his teams efforts in...
11y ago from TheCheckeredFlag....

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

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:...

Popular On GunnersToday.com

Arsenal boss Mikel Arteta provides fitness update on...

Arsenal boss Mikel Arteta has shared a fitness update on Martin Odegaard...
45m ago from SportsKeeda.com

Journalist provides insight into 'better mood' inside...

Arsenal are reportedly calm and in a positive mood ahead of this weekend's...
1h ago from CaughtOffside.com

Pep Guardiola highlights what gives Arsenal...

Manchester City manager Pep Guardiola believes Arsenal have an advantage...
1h ago from SportsKeeda.com

Mikel Arteta drops intriguing team selection hint for...

Arsenal manager Mikel Arteta has not confirmed one way or another if it...
1h ago from CaughtOffside.com

Comments

Hottest News

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.