News Details

F1 set for cost-cutting talks

The F1 teams will meet on Thursday to discuss ways to curb rising costs after the Strategy Group shot down a cost cap. The FIA had intended to introduce a cost cap in a bid to preserve the sport's future and the teams currently competing. However, the proposal was taken off the table when F1's Strategy Group - comprising Red Bull, Ferrari, McLaren, Mercedes, Lotus and Williams - said no. F1's smaller teams were angered by that decision and reportedly wrote to FIA president Jean Todt, voicing their complaints and concerns leading to Thursday's meeting. One person who is hoping the teams can find a way forward is Marussia's sporting director Graeme Lowdon, who fears for the sport's future....
Full Story »
11y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

F1 to debate cost saving measures on Thursday

Formula 1 chiefs are hopeful that a raft of changes over the next three...
11y ago from TheF1Times.com

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort...
11y ago from PlanetF1.com

Formula 1′s smaller teams want reassurance on...

Formula 1′s smaller teams want reassurance on cost cuts 30 April,...
11y ago from GrandPrix247.com

Cost-cutting on the agenda again

Several of the smaller teams in Formula One want the FIA to produce...
11y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

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

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

Fabio Quartararo reveals Yamaha is still “missing...

Fabio Quartararo revealed Yamaha was still “missing quite a lot” from...

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,...

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

Popular On TotalWRC.com

Popular On GunnersToday.com

William Saliba posts picture of him dominating...

Arsenal defender William Saliba shared a picture on social media following...
2h ago from SportsKeeda.com

Sources: Chelsea move ahead of Arsenal in transfer...

A major transfer battle has begun in Europe as Arsenal and Chelsea have...
3h ago from CaughtOffside.com

Arsenal 4-1 Sp*rs: Eze makes it all work out

Match report – Player ratings – Arteta reaction – Video...
3h ago from Arseblog.com

Mikel Arteta press conference following Arsenal 4-1...

Arsenal moved six points clear at the top of the Premier League with a...
12h 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.