News Details

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...
Full Story »
10y ago from espnF1.com 0
Share

You May Also Be Interested In...

Ecclestone offers Caterham a helping hand

Force India, Lotus and Sauber continue to ask for financial help from...
10y ago from TheF1Times.com

Marussia to miss Abu Dhabi GP

A last-ditch attempt to return the Marussia F1 team to the grid for...
10y ago from SkySports.com

Leaked letter: We request a more equitable distribution

Smaller Formula 1 teams, feeling the financial pinch of the new V6 turbo...
10y ago from GrandPrix247.com

Hamilton on Sports Personality shortlist

– Formula 1 World Champion Lewis Hamilton has been named on the...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Unpacking the art of value betting in MotoGP

Value betting in MotoGP is a strategic blend of data analysis,...
11h ago from MotorsportWeek.c...

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...

Popular On IndyCarToday.com

IndyCar Laguna Seca – Race Results

IndyCar traveled clear across the country since last weekend’s race,...

Untouchable Alex Palou eases to IndyCar victory at...

The IndyCar paddock travelled over 2700 miles from the event last...

Popular On TotalWRC.com

Popular On GunnersToday.com

Millie Bright says England star who could ‘run...

England defender Millie Bright believes Lucy Bronze deserved to win the...
2h ago from SportsKeeda.com

Sources: Arsenal lead Man United and Man City in race...

One of the most exciting transfer stories of the summer is heating up,...
4h ago from CaughtOffside.com

Proper Arsenal

Morning all. I’m not entirely sure if Andrew is on a plane or already...
3h ago from Arseblog.com

Arsenal set important condition to sign Eberechi Eze...

Arsenal are reportedly willing to move for Crystal Palace's Eberechi Eze...
11m ago from SportsKeeda.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.