News Details
Cost cut plans from teams 'a joke' – Todt
FIA president Jean Todt has branded cost cutting proposals put forward by Formula 1′s biggest teams 'a joke'.
Earlier in the year, the F1 Strategy Group – compromising of Red Bull Racing, Mercedes, Ferrari, Lotus, McLaren and Williams – decided to scrap Todt's plan to introduce a cost cap in 2015.
After the smaller outfits – Force India, Sauber, Marussia and Caterham – wrote a letter to the sport's governing body suggesting an abuse of power from the Strategy Group, Todt organised a crisis meeting with all 11 teams on May 1st and asked them to come up with cost-cutting suggestions.
Talking to media over the Spanish Grand Prix weekend, Todt said F1 needs to...
Full Story »
Full Story »
11y ago from RichlandF1.com
0
You May Also Be Interested In...
Teams insist cost cap is not dead
Sahara Force India
Several Formula 1 team principals have insisted that...
11y ago from F1Zone.net
Todt blasts teams over 'joke' cost cut proposals
FIA president Jean Todt has called the suggestions to reduce spending put...
11y ago from TheF1Times.com
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
Small teams pushing mid-season car development freeze
Formula 1′s smaller teams are pushing a mid-season development...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
10h ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
14h ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
3d ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
3h ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
2d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
2d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Fast WRC Paraguay stages promise “plenty of...
No description available...
5h ago from Motorsport.com
FIA launches tender process for new WRC promoter
No description available...
1w ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Blockbuster Champions League draw is intriguing but...
s will continue to lap up massive games but perhaps the teams involved...
5h ago from TheGuardian.com
Havertz undergoes knee surgery - but Arsenal hopeful...
Arsenal forward Kai Havertz has undergone surgery for his knee injury.
4h ago from SkySports.com
Champions League draw: Alexander-Arnold primed for...
t;li>Draw also pits De Bruyne against Manchester CityArsenal set for...
6h ago from TheGuardian.com
Arsenal latest: Inter, Atletico Madrid among CL...
No description available...
6h ago from SkySports.com
Comments
Hottest News
F1 fans up in arms over ‘terrible’ FIA decision ahead...
F1 fans have pounced on a mistake involving the... Read More »
4h ago from GPFans.com
Sergio Perez 'surprised' by Max Verstappen gesture after...
Sergio Perez has revealed how Max Verstappen... Read More »
3h ago from GPFans.com
Oscar Piastri reveals 'unfair' strategy stance after...
Oscar Piastri has detailed internal discussions... Read More »
8h ago from RacingNews365.com