News Details
'Strategy Group against cost cap'
Jean Todt has abandoned plans to introduce a cost cap in 2015, saying he cannot as all those in the Strategy Group are against it.
Last year, the FIA announced that they would implement a cost cap in 2015 in a bid to curb the spiralling costs of competing in Formula One.
Those plans, though, have now been scrapped as at least six teams are against the proposal.
Todt revealed that those in F1's new Strategy Group - Red Bull, Ferrari, Mercedes, Williams, McLaren, and Lotus - as well as Bernie Ecclestone had all opposed it.
"Most of the teams were in favour of the cost cap, but I understand that all the teams that are part of the Strategy Group are against it now," the FIA President...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
No cost cap for 2015 - Todt
Jean Todt says cost-cutting will now be achieved through rule changes...
11y ago from espnF1.com
FIA to abandon cost cap plans - Todt
Mercedes AMG Petronas
The FIA has abandoned plans to introduce a cost cap...
11y ago from F1Zone.net
Cost reduction through rules sought as F1 cost cap...
Cost reduction through rules sought as F1 cost cap unlikely to happen 7...
11y ago from GrandPrix247.com
Formula 1 cost cap plan scrapped, but was it ever on?
Plans for Formula 1 to introduce a cost cap from 2015 onwards have been...
11y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
11h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal crash out of FA Cup to sensational Southampton
Arsenal crashed out of the FA Cup quarter-finals as Southampton produced...
42m ago from SkySports.com
“Now or never”, “Time to run it back” -...
Arsenal fans on X are expecting Martin Odegaard to perform after Mikel...
2h ago from SportsKeeda.com
Southampton v Arsenal – live blog
Join us for live blog coverage of our FA Cup quarter-final away to...
3h ago from Arseblog.com
Comments
Hottest News
Aston Martin get F1 lifeline as FIA ruling gives crisis...
Further clarity has been offered on F1's new... Read More »
4h ago from GPFans.com
Lewis Hamilton contract clause blocks Ferrari team orders -...
Former F1 star Ralf Schumacher has suggested that... Read More »
2h ago from GPFans.com
Haas issue important Oliver Bearman update following Suzuka...
Haas has issued an update on the condition of... Read More »
3h ago from MotorsportWeek.com
