News Details
Todt: Cost cutting ideas a joke
Red Bull/Getty Images
FIA president Jean Todt says that the cost cutting proposals put forwards by the Formula 1 teams are a 'joke'.
Todt summoned a meeting of Formula 1's 11 teams earlier in the month following the apparent abandonment of the idea of a cost cap.
Ideas proposed included a tyre warmer ban and the introduction of more standard specification parts, but Todt does not believe that such changes will be sufficient.
"My advice was make a contribution as to how we reduce the costs," Todt said.
"We know they have budgets of between $100 and $400 million, and the proposal they seem happy with is to reduce by $2 million, which is ridiculous.
"When we speak about...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Teams must agree to cost-cutting rules - Todt
May 7, 2014 .- Jean Todt insists his hands are tied after F1's most...
11y ago from F1Plus.com
Teams' cost-cutting plans 'a joke' - Todt
Getty Images Enlarge FIA president Jean Todt has branded the...
11y ago from espnF1.com
Cost cut plans from teams 'a joke' – Todt
FIA president Jean Todt has branded cost cutting proposals put forward by...
11y ago from RichlandF1.com
Teams must agree to cost-cutting rules says Todt
Jean Todt insists his hands are tied after F1's most powerful teams vetoed...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Why Marc Marquez doesn't want to wrap the MotoGP title...
No description available...
10h ago from Motorsport.com
Pedro Acosta: Marc Marquez’s comeback as big as...
No description available...
11h ago from Motorsport.com
Francesco Bagnaia reveals Ducati breakthrough to fix...
No description available...
13h ago from Motorsport.com
Ex-F1 team boss Guenther Steiner and investors to...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
1d ago from MotorsportWeek.c...
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
2d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
1d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
4d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
4d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'He is a player who lights up the stadium' -...
Arsenal legend Nigel Winterburn has hailed the Gunners' new signing...
6h ago from SportsKeeda.com
New signing profile: Piero Hincapie
Following some late left-sided departures, Arsenal managed to squeeze in...
6h ago from Arseblog.com
Collymore's column: Mikel Arteta criticism, Isak and...
In his exclusive column for CaughtOffside, former Liverpool striker Stan...
14h ago from CaughtOffside.com
'It’s remarkable' – Collymore reacts to Mikel...
Arsenal had started their season with two victories out of two, but last...
14h ago from CaughtOffside.com
Comments
Hottest News
Daniel Ricciardo sends fans wild as Ford announce...
Daniel Ricciardo has F1 fans all aflutter thanks... Read More »
6h ago from GPFans.com
Tsunoda reveals how he will contribute to improve team...
Hot on the heels of his first points since the... Read More »
1h ago from F1Technical.net
Colapinto to sit out opening practice at Monza as Aron...
Ahead of this weekend's Italian Grand Prix,... Read More »
1h ago from F1Technical.net
