News Details

Formula 1′s smaller teams want reassurance on cost cuts

Formula 1′s smaller teams want reassurance on cost cuts 30 April, 2014 Formula 1′s cash-strapped smaller teams want to see real evidence that the sport is fighting for their survival when bosses meet on Thursday to discuss how to proceed after scrapping plans to impose a cost cap. The meeting, at Biggin Hill airfield south of London, has been called by the governing International Automobile Federation (FIA) to 'clarify the means to achieve a substantial F1 team cost reduction'. All 11 teams, the FIA and commercial supremo Bernie Ecclestone are due to attend. It comes in response to a letter from Sauber, Force India, Caterham and Marussia that angrily questioned the decision to...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Cost cap a losing battle - Wolff

Toto Wolff thinks there are too many "loopholes" in a budget...
11y ago from espnF1.com

Wolff offers hope to the smaller teams

Despite the scrapping of a budget cap, Head of Mercedes-Benz Motorsport,...
11y ago from Pitpass.com

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that...
11y ago from Crash.net

Exclusive: Will the new Concorde Agreement survive...

In 2001 the FIA gave undertakings to the European Commission about its...
11y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power released after 17 years with Team Penske

Team Penske has parted ways with veteran IndyCar driver Will Power, the...

Scott McLaughlin praises Kyffin Simpson after titanic...

Two Team Penske drivers finished on the podium in IndyCar’s season...
23h ago from MotorsportWeek.c...

Louis Foster narrowly secures IndyCar Rookie of the...

After a season-long battle with two other rookies in the NTT IndyCar...

Popular On TotalWRC.com

Popular On GunnersToday.com

Piero Hincapie reveals what Granit Xhaka told him...

New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
3h 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...
5h ago from FreshArsenal.com

Mikel Arteta’s Arsenal stuck in gear as Arne...

day’s match was defined by a brilliant free-kick, but the way it came...
6h ago from TheGuardian.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.