News Details
FIA urges Formula 1 to cut costs
Williams Martini Racing
The FIA says that the absence of Marussia and Caterham from this weekend's United States Grand Prix shows that it was right to push for cost cutting measures earlier this year.
FIA President Jean Todt proposed a cost cap which would reduce spending, but his concept was abandoned when he realised that he would not have the required backing from Formula 1 teams.
Only 18 cars will participate at Austin this weekend and an FIA statement says that they foresaw the situation.
"The FIA has been informed of the financial difficulties of the Caterham F1 and Marussia F1 Teams and of the considerable uncertainty surrounding their participation in the final races of the...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Will Marussia also miss the United States GP?
End of the F1 road for Marussia?
Formula 1's grid may have shrunk to just...
11y ago from GrandPrix247.com
Administrators confirm Marussia will miss Austin
Marussia F1 Team
Administrators acting on behalf of the Marussia Formula...
11y ago from F1Zone.net
Marussia enters administration
Marussia is now being managed by administrators, mere days after...
11y ago from GrandPrix247.com
Fernandes: Small teams can't compete
Caterham F1 Team
Former Caterham owner Tony Fernandes says that small...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on Thai GP puncture: 'It was like I hit a...
No description available...
1h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
3h ago from Motorsport.com
Michelin cites aggressive kerbs for Marc Marquez’s...
No description available...
1h ago from Motorsport.com
Marco Bezzecchi claims flag-to-flag Thai MotoGP...
Marco Bezzecchi delivered a commanding flag-to-flag victory for Aprilia...
4h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
13h ago from MotorsportWeek.c...
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
13h ago from Motorsport.com
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
11h ago from Motorsport.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
18h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
19h ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Martin Odegaard makes feelings clear about Eberechi...
Ahead of Arsenal’s Premier League clash against Chelsea, Martin Odegaard...
1h ago from SportsKeeda.com
Chelsea interested in signing £61 million-rated star...
Chelsea and Arsenal are reportedly set to battle for Paris Saint-Germain...
1h ago from SportsKeeda.com
Arsenal boss Mikel Arteta provides mature response...
Arsenal boss Mikel Arteta has responded to Viktor Gyokeres being close to...
1h ago from SportsKeeda.com
Arsenal’s £75m summer transfer plan in jeopardy...
Arsenal are hoping to sign Newcastle United attacker Anthony Gordon at the...
4h ago from CaughtOffside.com
Comments
Hottest News
Charles Leclerc appears to have tied the knot after being...
Multiple media reports claim Charles Leclerc has... Read More »
1h ago from GrandPrix247.com
LEGO release first F1 2026 car, here's how to get your...
The very first LEGO version of the new F1 2026... Read More »
1h ago from GPFans.com
FIA ditch controversial F1 rule change after just one season
The FIA have released their updated F1... Read More »
4h ago from GPFans.com
