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Todt renews cost cap campaign

Sutton Images Enlarge FIA president Jean Todt is hoping to revive plans for a cost cap in Formula One in an attempt to ease the sport's financial crisis. Earlier this year, plans to adopt a cost cap were rejected by F1's Strategy Group, which is made up of six teams - Ferrari, Red Bull, Mercedes, McLaren, Williams and Lotus - and the FIA and FOM. Later in the season the sport's two smallest teams, Caterham and Marussia went into administration, and although Caterham raced in Abu Dhabi its future remains uncertain. Lotus, Force India and Sauber are currently campaigning for a fairer split of the $900 million of F1's revenues which is given out in prize money each year, but Todt is still...
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11y ago from espnF1.com 0
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