News Details
FIA study shows Formula 1 costs could be halved
A study commissioned by the FIA, the sport's governing body, reportedly shows that costs in Formula 1could be halved without hurting the socalled show. With Caterham and Marussia ailing and even better-funded midfielders struggling financially, it emerged on Tuesday that New York-based McKinsey and Company, a multinational consulting firm, recently examined the finances of nine F1 teams at the behest of the governing body. In its findings, revealed by Germany's Auto Motor und Sport, McKinsey has proposed new cost-cutting measures that could help teams like Force India, Sauber and Lotus – with budgets in the range of $120-$200 million – to survive and thrive. Focusing on a $120m...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
F1 struggles hurt Ferrari brand power – study
On-track struggles in formula one have hurt fabled Ferrari's brand power,...
10y ago from ThisIsF1.com
Failure in F1 has negative impact on Ferrari brand
On-track struggles in Formula 1 have hurt Ferrari's legendary brand...
10y ago from GrandPrix247.com
F1 struggles hurt Ferrari brand power?
On-track struggles in formula one have hurt fabled Ferrari's brand power,...
10y ago from GrandPrix.com
F1 Commission to consider future on Tuesday
F1 will round another corner to the future on Tuesday. Writing for...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez quickest in first Aragon MotoGP practice
Marc Marquez sent a strong message to his championship rivals by posting...
3h ago from MotorsportWeek.c...
Marc Marquez “not in a hurry to win again” while...
No description available...
3h ago from Motorsport.com
Ai Ogura withdraws from Aragon MotoGP following...
No description available...
3h ago from Motorsport.com
Pramac ride “on the table” as Toprak Razgatlioglu...
No description available...
40m ago from Motorsport.com
Popular On IndyCarToday.com
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
20h ago from MotorsportWeek.c...
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
3d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
3d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “hopeful” of 2026 WRC entry, but questions...
No description available...
4h ago from Motorsport.com
The big talking points ahead of WRC Rally Sardinia
No description available...
19h ago from Motorsport.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
6d ago from Motorsport.com
Le Mans winner Andre Lotterer aims at rallying after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'No doubts about that' – Fabrizio Romano drops...
Fabrizio Romano has some intriguing Arsenal transfer news as he's...
40m ago from CaughtOffside.com
Christian Falk reveals big-name star has sent clear...
Christian Falk has delivered some exciting Arsenal transfer news as it...
2h ago from CaughtOffside.com
Fabrizio Romano exclusive: Arsenal the only club in...
Hello guys, I’m here today to discuss the situation of Benjamin Sesko...
2h ago from CaughtOffside.com
Report: Arsenal closely following dramatic rise of...
Arsenal have reportedly been closely following the rapid development of...
3h ago from CaughtOffside.com
Comments
Hottest News
Outside Line: Replying to Aston Martin’s response to...
I must be honest, I was quite surprised, taken... Read More »
6h ago from GrandPrix247.com
Lewis Hamilton risks infamous Ferrari F1 sacking
If we needed proof that Lewis Hamilton and... Read More »
1h ago from GPFans.com
Brand new Silverstone track announced ahead of British...
Silverstone have made a major announcement ahead... Read More »
4h ago from GPFans.com
