News Details

FIA to tackle cost problem after team failures

Oct.31 With Caterham and Marussia in the throes of failure, the governing FIA has admitted it is concerned about the financial situation in F1. It is believed the next most endangered team on the grid is the Swiss privateer Sauber, whose boss and co-owner Monisha Kaltenborn sounded furious as she spoke to media on Thursday. "I think the worst part is that we're damaging the sport with this so much that I think the owners of the product of the sport should think what they're doing here," she said. Kaltenborn insisted that with "billions" flowing into F1's commercial coffers, it is unacceptable that the sport is "not capable" of keeping 11 teams alive....
Full Story »
11y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Kaltenborn hits out over costs

Sauber team boss Monisha Kaltenborn has hit out at the collective failure...
11y ago from SkySports.com

FIA to tackle cost crisis after F1 teams collapse

With Caterham and Marussia in the throes of oblivion, the FIA has...
11y ago from GrandPrix247.com

Kaltenborn urges financial overhaul

Sauber team principal Monisha Kaltenborn has said Formula 1 needs to make...
11y ago from BBC.co.uk

Kaltenborn 'disturbed' by plight of F1

– Sauber Team Principal Monisha Kaltenborn says she is 'disturbed'...
11y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Jonathan Rea explains why ‘mental management’ will...

Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

Carabao Cup final pain will only make Arsenal better,...

Arsenal must learn the lessons from their Carabao Cup final loss to Man...
2h ago from SkySports.com

'Really good news' – Mikel Arteta provides...

Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
4h 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.