News Details

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort of cost cutting technique or risk being "seen as some kind of failure." Although the FIA had hoped to introduce a cost cap next season, those plans were scratched when the sport's Strategy Group - comprising Ferrari, McLaren, Mercedes, Red Bull, Lotus and Williams - refused to play along. The veto has not gone down well with Formula 1's smaller teams with Lowdon warning that the sport could face long-term consequences unless something is done. "We want to see Formula One grow, and there is an important lesson to be learned from sports that have demonstrated huge growth over the last five to 10...
Full Story »
11y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

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...
11y ago from GrandPrix.com

Formula 1 set for cost-cutting showdown on 1 May

Formula 1 set for cost-cutting showdown on 1 May 20 April, 2014 Formula 1...
11y ago from GrandPrix247.com

Lowdon slams anti-cost cap teams

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

Horner defends scrapping cap

Christian Horner has defended the decision to scrap a proposed cost cap,...
11y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Lorenzo shares his ‘theory' on the cause...

Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
23h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Man City 'would love to sign' PL star but...

Manchester City have a strong interest in Newcastle United full-back Tino...
1h ago from CaughtOffside.com

Arsenal and Chelsea open initial talks to sign...

Arsenal and Chelsea are looking to build for the future, and they have...
2h ago from CaughtOffside.com

Agreement soon: David Ornstein delivers major Arsenal...

Arsenal fully expect to agree a new contract with star player Bukayo Saka...
3h ago from CaughtOffside.com

Huge boost for Chelsea & Arsenal in pursuit of...

Chelsea and Arsenal reportedly look to have been handed a boost in their...
3h 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.