News Details
Wolff in favour of cost cap
Mercedes executive director (business) Toto Wolff says he is in favour of a cost cap but knows the team would be fighting a losing battle trying to implement one. FIA president Jean Todt said in Bahrain that the cost cap planned for 2015 would not be introduced because the six teams on the Strategy Group – Red Bull, Ferrari, Mercedes, McLaren, Williams and Lotus – were no longer in favour. Clarifying his position, Wolff said he supports the idea of a cost cap but sees too many issues with other teams which make it pointless pursuing the option. “Personally, I am in favour of a cost cap,” Wolff said. “However, as a team we have realised that some of the larger outfits on the grid...
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