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F1 urged to cut costs as teams fail

Sauber principal Monisha Kaltenborn has urged Formula One's decision makers to act in the sport's best interests and tackle a looming crisis after two teams went into administration in the space of a week. Speaking after the governing FIA said the predicament of Marussia and Caterham showed the need for cost-cutting measures, Kaltenborn said she was 'beyond frustration' with how the situation had developed. "It's one thing to just talk about this terrible scenario that some teams are not going to be there but for the sport and the people responsible for the sport to have let it come that far is extremely disturbing," she told reporters at the US Grand Prix on Thursday....
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