News Details

Leaked F1 cost cutting proposals cause a stir

The engines may never fire on two Formula 1 cost-cutting proposals that have leaked to media from this week's strategy group meeting. The first proposal, reportedly carried through a majority vote, is that a cap should be put on the cost of a ‘power unit' for customer teams. Currently, a team like Williams reportedly pays a supplier like Mercedes a cool EUR 25 million per season. The proposal is that the cost is slashed to just EUR 12 million. Rumours indicate that would mean an actual loss for Mercedes, with fellow engine supplier Ferrari reportedly strongly opposed to the proposal. So too is Mercedes. 'I have my opinion on fixing any price and there's a pretty simple legal view,'...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ricciardo doubtful as Red Bull eyes ‘customer’...

Ricciardo doubtful as Red Bull eyes ‘customer' status Posted On 16...
10y ago from ThisIsF1.com

Williams will ‘fight' 2017 cost rise

Claire Williams has made it clear that if the new regulations proposed...
10y ago from PlanetF1.com

Ricciardo: Will customer engines allow us to win?

Daniel Ricciardo is not convinced that reverting to engine customer...
10y ago from GrandPrix247.com

Massa unsure if Williams will get new Mercedes engine

Williams driver Felipe Massa has indicated he doesn't know whether he will...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Rins confirms Yamaha split after 2026 MotoGP...

Yamaha rider Alex Rins has confirmed he will part ways with the team at...

Fabio Di Giannantonio fastest in first Jerez MotoGP...

VR46 Ducati rider Fabio Di Giannantonio recorded the fastest time in the...

Popular On IndyCarToday.com

Pato O'Ward issues damning verdict on ‘Mario...

Pato O'Ward isn't chasing F1 any more after falling out of love with...

IndyCar names officiating director ahead of Indy 500

IndyCar Officiating has announced Scot Elkins as the new Managing...

Popular On TotalWRC.com

Popular On GunnersToday.com

Two Arsenal stars 'probably' back for Newcastle, one...

Arsenal manager Mikel Arteta has said that Bukayo Saka and Riccardo...
27m ago from CaughtOffside.com

The race for Europe: which English clubs can qualify,...

places up for grabs in Uefa’s competitions next season are a moveable...
1h ago from TheGuardian.com

Premier League and FA Cup semi-finals: 10 things to...

rs face must-win game at Wolves, Arsenal fight to keep title hopes alive...
1h ago from TheGuardian.com

Talks held: Arsenal preparing to make 30m transfer bid...

Arsenal are reportedly preparing to make a 30m transfer bid for Club...
2h 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.