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

Jorge Martin reveals what’s ‘really difficult’...

Jorge Martin admits it was “really difficult” to make changes aboard...

Francesco Bagnaia ‘surprised but happy’ ahead of...

Francesco Bagnaia admitted he was “surprised but happy” about the...

Popular On IndyCarToday.com

Alex Palou’s Indy 500 win immortalized on...

Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Popular On GunnersToday.com

“You are the best” - Eze, Rice and Saka react as...

Arsenal star Gabriel Magalhaes has taken a dig at Tottenham Hotspur...
2h ago from SportsKeeda.com

“People don’t mention him anymore” - Micah...

Micah Richards believes Jurrien Timber’s ‘exceptional’ performance...
2h ago from SportsKeeda.com

“They’ll tease us” - Gary Neville makes...

Manchester United legend Gary Neville believes Chelsea will not be able to...
1h ago from SportsKeeda.com

Arsecast Extra Episode 668 – 24.11.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.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.