News Details

Tost: We spend far too much money in Formula 1

  Toro Rosso team principal Franz Tost is adamant that Formula 1 has to do something to reel in and restrain costs, while warning that manufacturers will one day pull the plug on what he terms 'intolerable' costs. Speaking to Tiroler Tageszeitung, Tost  said, 'Costs have to be reduced. It cannot be that teams spend 450-million euros a year, while at the same time every penny counts when selling street cars to consumers. Furthermore, manufacturers will not accept these budgets forever. This is intolerable. We spend far too much money in Formula 1.' Tost suggests, 'For example each team has a budget of 150-million available, all of which is controlled by the FIA. The big teams will...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

F1 has too many races in Europe, says Toro Rosso boss

Toro Rosso team principal Franz Tost believes that Formula 1 still has too...
9y ago from Motorsport.com

Engine equalisation would rein in Mercedes dominance -...

 XPB Images Toro Rosso boss Franz Tost believes that Mercedes'...
9y ago from F1i.com

Too many F1 races held in Europe

Toro Rosso team principal Franz Tost feels that too many races on the...
9y ago from PlanetF1.com

Gasly: Marko relationship improved despite Toro Rosso...

Pierre Gasly believes his reaction to missing out on a Toro Rosso F1 seat...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal join 140m superstar hunt with Man United as...

Arsenal and Manchester United are looking to strengthen their attacking...
9h ago from CaughtOffside.com

Havertz eager to make up for lost time for Arsenal...

t;li>Forward says knee injury was ‘most painful’ of his lifeGerman...
8h ago from TheGuardian.com

Arsenal handed significant boost as 3 key players...

Arsenal have been handed a triple injury boost ahead of their UEFA...
11h ago from SportsKeeda.com

Chelsea prep mega bid for 90 million-rated Arsenal and...

Chelsea is hoping to sign the PSG attacker Khvicha Kvaratskhelia at the...
11h 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.