News Details

F1 spending levels can't continue, warns Tost

 XPB Images Toro Rosso team principal Franz Tost has warned the current level of spending in F1 can't continue, and claims a cost cap wouldn't work are "nonsense". HRT, Caterham and Marussia have all gone into administration over the past five years in F1, with the latter returning as Manor at the start of 2015. Sauber, Lotus - now Renault - and Force India have all had financial concerns in that time, and Tost says the biggest teams will soon feel costs are unsustainable. "We need to reduce the costs," Tost said in an interview with Tiroler Tageszeitung. "It shouldn't be that a team spends 450 million a year. On the other hand, we bargain for a few...
Full Story »
8y ago from F1i.com 0
Share

You May Also Be Interested In...

‘Too early’ to promote Wehrlein - Tost

 XPB Images Toro Rosso team principal Franz Tost believes it...
8y ago from F1i.com

Toro Rosso F1 boss wants more races overseas

 XPB Images Toro Rosso team principal Franz Tost says Formula...
8y ago from F1i.com

Tost: We spend far too much money in Formula 1

  Toro Rosso team principal Franz Tost is adamant that Formula 1 has...
8y ago from GrandPrix247.com

Too many F1 races held in Europe

Toro Rosso team principal Franz Tost feels that too many races on the...
8y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

How Palou can clinch his fourth IndyCar championship...

Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
28m ago from MotorsportWeek.c...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal handed double injury boost ahead of Premier...

Arsenal have been handed a double injury boost as they gear up for their...
58m ago from SportsKeeda.com

Report: Arsenal working to complete £20m deal with...

Arsenal have already made six summer signings and they could be set to...
2h ago from FreshArsenal.com

Arsenal talent Max Dowman sums up 16-year-old Rio...

Arsenal teenager Max Dowman showed his appreciation for Liverpool's Rio...
4h ago from SportsKeeda.com

Comments

Hottest News

Axed F1 boss 'set to BUY' grand prix team

A former F1 team boss is getting ready to buy a... Read More »
6h ago from GPFans.com

F1 star returns to Alpine for vital summer break test

Alpine have announced the return of an F1 star to... Read More »
48m ago from GPFans.com

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.